Explanation
BACKGROUND: This ordinance authorizes the Director of Development to petition the Director of the Ohio Department of Development for an amendment to the certification of a designated area within the City of Columbus (City) as an urban jobs and enterprise zone under state law. This designated area, known as the City of Columbus Enterprise Zone, Zone Number 023 (Zone), was authorized by City Council (Council) Ordinance Number 779-85 and certified by the Ohio Department of Development in June 1985 and amended by Council by Ordinance Numbers 2722-85 in 1986; 2080-89 in 1989; 1949-92, 2249-92 and 2690-92 in 1992; 1079-94 and 1228-94 in 1994; 1274-95, 2196-95 and 2817-95 in 1995; 0533-99 in 1999; 1785-00 in 2000; 1464-02 in 2002 and 0225-03 in 2003. This ordinance will amend the Zone by adding approximately 46.85 acres as described in Attachment A (amended table of census areas). This addition is that of land recently annexed into the City, the site of Cooper Stadium, 1155-1215 West Mound Street, Columbus, Ohio, comprised of parcel numbers 425-286326, 425-286327, 425-286328 and 425-286329, the approximate location being south of West Mound Street, west of Mt. Calvary Cemetery and Mt. Calvary Avenue, north of Greenlawn Cemetery and east of a line running south-southeast perpendicular to Mound Street in line with and away from the exit and entrance ramps to I-70. The City will benefit from this addition to the Zone through the ability to use enterprise zone tax incentives in this area to elicit business growth, attract investment in industrial/commercial facilities, and encourage job creation and retention.
The Columbus City School District has been advised of this proposal as required under State law.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to petition the Director of the Ohio Department of Development for an amendment to the certification of the existing urba...
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