Explanation
1. BACKGROUND
The owners comprising at least 60% of the front footage of the Short North Special Improvement District (the “District”) signed a petition in support of a special assessment totaling $4,100,000.00 to be collected over 20 years to pay a portion of the costs of improving North High Street from the Greater Columbus Convention Center to 7th Avenue (the “Short North Streetscape Improvements”) and submitted said petition to this Council requesting such improvements.
The City completed the Short North Streetscape Improvements in three phases. The first phase improved North High Street between Convention Center Way and Goodale Boulevard (“Short North SID - High Street Improvements Phase 1), the second phase improved North High Street between 28’ south of West Poplar Avenue to 80’ north of West Starr Avenue (Short North SID - High Street Improvements Phase 2), and the third phase improved North High Street from 54’ north of West Starr Avenue to 57’ south of King Avenue/7th Avenue (the “Short North SID High Street Improvements Phase 3”).
The subject of this Ordinance is the special assessment levy for the Short North SID - High Street Improvements Phase 1 for which Council previously adopted Resolution No. 0091X-2017 on May 1, 2017 (the "Resolution of Necessity"), which declared the necessity of constructing the Short North SID - High Street Improvements Phase 1 and levying a special assessment on benefitting parcels within the Short North Special Improvement District; and subsequently adopted Ordinance No. 2791-2017 on October 30, 2017, therein determining to proceed with the improvements and the special assessment.
This Ordinance authorizes the levy of a special assessment upon the lots and lands of parcels within the Short North Special Improvements District that are specially benefited by the completion of the Short North SID - High Street Improvements Phase 1 project (the “Benefitted Parcels”), as contemplated in Resolution No. 0091X-2017...
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