Explanation
BACKGROUND: In 2003 the Discovery District Development Corporation asked Capitol South Community Urban Redevelopment Corporation to initiate an effort to work with Discovery District property owners to create a Special Improvement District (SID) on the east side of downtown. Property owners were surveyed and overwhelmingly were in support of seeing a proposal to create a SID. The first action required by Chapter 1710 of the Ohio Revised Code is to have not less than 60% of the property owners within the District sign a petition that states they are interested in forming a SID. The first petition was accepted and approved by Columbus City Council by Ordinance No. 1233-2005, passed July 18, 2005.
The second action required by the Ohio Revised Code is to have not less than 60% of the property owners sign a petition to assess themselves for the services to be provided by the SID. The second piece of legislation also approved the Plan of Services for the SID and the inclusion of City owned property in said plan. This legislation was approved by Columbus City Council by Resolution 0018X-2006, passed March 13, 2006.
The third piece of legislation was to declare the necessity to implement the Plan of Services adopted by the Discovery Special Improvement District of Columbus, Inc., and to levy a special assessment for the services. This legislation was approved by Columbus City Council by Resolution No. 0068X, passed April 24, 2006. . A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1179-2006, passed July 10, 2006. Each assessment is to be returned to the SID for operational requirements as set forth in the District Plan.
This legislation appropriates and approves the expenditure of assessments collected in FY 2008 that are to be returned to the SID. This legislation also allows the Director of Development to enter into a contract with the Discovery Special Improve...
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