Explanation
BACKGROUND: In 1999 the Short North Special Improvement District of Columbus, Inc. was created by the property owners in a defined area of High Street in the Short North. The SID was created for a 12 year period and was very successful. The twelve-year SID period concludes in December, 2011 and now the property owners wish to reauthorize the SID, with slightly different boundaries, but again still called the Short North Special Improvement District (map attached). The property owners have initiated a one petition process in which at least 60% of the property owners within the District signed that they approve of the reauthorization of the SID and they approve of the plan for improvements and services to be provided by the SID (petition attached). This legislation is one of the first actions required by Chapter 1710 of the Ohio Revised Code.
City Council must accept the petitions and the Articles of Incorporation of the Short North Special Improvement District, Inc., an Ohio not-for-profit corporation organized pursuant to Chapter 1710 of the Revised Code.
City Council is being asked to also approve the inclusion of City owned property as part of the Special Improvement District.
Emergency action is required to allow the Short North Special Improvement District, Inc to continue the establishment of a Special Improvement District in a timely manner.
FISCAL IMPACT: No funding is required for this legislation.
Title
To approve the Short North Special Improvement District, Inc. Petition and Articles of Incorporation and the inclusion of the properties owned by the City of Columbus in said district; and to declare an emergency.
Body
WHEREAS, Chapter 1710 of the Revised Code, effective September 29, 1994 provides for the creation of Special Improvement Districts (SIDS), by non-profit corporations governed by trustees elected by the property owners for the provision of special services in a designated district; and
WHEREA...
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