Explanation
Background: Council previously adopted Resolution 0132X-2008 (the "Resolution of Necessity") on July 14, 2008, which declared the necessity of acquiring, constructing, installing, equipping, and improving off-street parking facilities at the southeast corner of the intersection of Fourth and Elm Streets, and acquiring interests in the site thereof, together with all necessary and proper appurtenances, all as shown on the Plans and Specifications on file in the office of the Clerk of Council.
The Resolution of Necessity imposed Special Assessments on the Assessed Parcels in proportion to the special benefits conferred upon such Assessed Parcels from the Project in order to pay for a portion of the cost and expense of the Project. Certain Owners filed objections to their estimated Special Assessments, and a Board of Revision (the "Board of Revision") appointed by Resolution 0170X-2008 and acting in the pursuance of the Resolution of Necessity, met on October 7, 2008 and recommended approval of the estimated Special Assessments with an amendment, as set forth in the Board of Revision findings submitted to Council and on file with the City Clerk.
This Ordinance authorizes the levy of the special assessment upon the lots and lands of the Special Benefit District ("Assessed Parcels") benefited by the construction of a parking garage (the "Project") at the southeast corner of the intersection of Fourth and Elm Streets in Downtown Columbus, as contemplated in Resolution No. 0132X-2008 and Ordinance No. 1632-2008 pursuant to Section 55(b) of the Charter of the City of Columbus determining that such action is necessary.
All costs of the parking garage have now been assembled, the final assessment report prepared, and the assessing Ordinance should now be passed pursuant to Section 178 of the Charter of the City of Columbus.
Emergency Justification: Emergency action is requested in order that the assessment process may be completed in time for ...
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