Explanation
BACKGROUND: This ordinance expresses City Council's determination that the petition to create The Central College Community Development Authority to govern the Central College Community Development District complies with the requirements of Chapter 349.03(A) of the Ohio Revised Code and fixes the time and place for a hearing on the establishment of The Central College Community Development Authority.
The Central College Community Development District encompasses portions of the northeast quadrant of Columbus generally located east of the intersection of Lee Road and Central College Road and is to be developed and redeveloped as part of an area characterized by well-balanced and diversified land use patterns to provide facilities for the conduct of commercial, residential, cultural, educational and recreational activities.
This ordinance is being submitted as an emergency in order to comply with the conditions set forth in Chapter 349 of the Ohio Revised Code for establishing a community authority.
FISCAL IMPACT: No funding is required for this legislation.
Title
To determine that the petition for the creation of The Central College Community Development Authority complies with the requirements of Section 349.03(A) of the Ohio Revised Code; to fix the time and place for a hearing on the establishment of The Central College Community Development Authority; and to declare an emergency.
Body
WHEREAS, City Council enacted Ordinance No. 0976-2008 on June 16, 2008, directing the City Clerk to execute and sign on behalf of the City of Columbus and the Columbus City Council a petition (the "Petition") for the creation of The Central College Community Development Authority (the "Authority") under Chapter 349 of the Ohio Revised Code; and
WHEREAS, the Petition has been signed by the City Clerk to indicate the approval of the Petition by the City of Columbus as the sole "proximate city" as that term is defined in Section 349.01(...
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