Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a pre-annexation agreement with Huntington Tower Associates, LLC, an Ohio limited liability company. Huntington Tower Associates, LLC is the agent and contract purchaser of a 44.7 acre tract of land located on the east side of Leppert Road and south of Hayden Run Road, being fully described as outlined in Exhibit A attached hereto and attached herein. Huntington Tower Associates, LLC intends to develop this property for residential and associated uses. The property is contiguous with the City of Columbus. The property is located in what has been called the Northwest Corridor for the City of Columbus.
The proposed annexation is located in an area controlled by the "Interim Hayden Run Corridor Plan" and the new Northwest Pay As We Grow financing plan. The pre-annexation agreement commits Huntington Tower Associates, LLC to bear it's fair share of the facilities, roadways, and community needs that are agreed upon by the City and Huntington Tower Associates, LLC. The City and Huntington Tower Associates, LLC agree that the Property will be treated the same or substantially similar to those properties north of Hayden Run Road and west of Cosgray Road.
Emergency action is requested so that the annexation be can be accepted as soon as possible.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to enter into a pre-annexation agreement with Huntington Tower Associates, LLC; and to declare an emergency.
Body
WHEREAS, Huntington Tower Associates, LLC filed a request to annex 44.7 acres in Washington township to the City of Columbus; and
WHEREAS, the proposed annexation is located in an area controlled by the "Interim Hayden Run Corridor Plan" and the new Northwest Pay As We Grow financing plan; and
WHEREAS, both the City and Huntington Tower Ass...
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