Explanation
BACKGROUND: In 2003 the Discovery District Development Corporation asked Capitol South Community Urban Redevelopment Corporation to initiate an effort to work with Discovery District property owners to create a Special Improvement District (SID) on the east side of downtown. Property owners were surveyed and overwhelmingly were in support of seeing a proposal to create a SID. The SID was created for a five year period and has been very successful. The SID property decided to terminate the existing Plan for Improvements and Services a year early and reauthorize the Discovery Special Improvement District for an additional five year period, with slightly different boundaries, but still called the Discovery Special Improvement District. The property owners initiated a one-petition process to reauthorize the SID in which at least 60% of the property owners within the District signed the petition and expressed an interest in reauthorizing the SID and approving the Articles of Incorporation. This petition was accepted and approved by Columbus City Council by Ordinance 0479-2010, passed April 5, 2010. Another action required by the Ohio Revised Code is the approval of the Plan for Improvements and Services and the inclusion of City owned property in said plan. This legislation was adopted by Columbus City Council by Resolution 0033X-2010, passed April 5, 2010. The third piece of legislation was to declare the necessity to implement the Plan of Services adopted by the Discovery Special Improvement District of Columbus, Inc., and to levy a special assessment for the services. This legislation was adopted by Columbus City Council by Resolution 0059X-2010, passed May 10, 2010. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance 0888-2010, passed June 21, 2010. Each assessment is to be returned to the SID for operational requirements as set forth in the District Plan.
This legislation ap...
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