Explanation
BACKGROUND: In 2005 the Northland Alliance, the Morse Road SID Exploratory Committee, and the City of Columbus Development Department initiated an effort with property owners on Morse Road from Indianola Avenue to Cleveland Avenue to create a Special Improvement District (SID). On October 12, 2005, the City Council Jobs and Economic Development Committee were briefed on the plans and progress of the Morse Road SID. The property owners initiated a one petition process in which at least 60% of the property owners within the District signed that they are interested in forming a SID and approving the Articles of Incorporation. This petition was accepted and approved by Columbus City Council by Ordinance 0414-2006, passed February 27, 2006. Another action required by the Ohio Revised Code is the approval of the Plan of Improvements and Services and the inclusion of City owned property in said plan. This legislation was adopted by Columbus City Council by Resolution 0023X-2006, passed March 6, 2006. The third piece of legislation was to declare the necessity to implement the Plan of Services adopted by the Morse Road 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 0069X-2006, passed April 24, 2006. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance 1180-2006, passed July 10, 2006. Each assessment is to be returned to the SID for operational requirements as set forth in the District Plan.
This legislation appropriates and approves the expenditure of assessments collected in FY 2014 that are to be returned to the SID. This legislation also allows the Director of Development to enter into a contract with the Morse Road Special Improvement District of Columbus, Inc. for disbursement of these funds.
FISCAL IMPACT: Funds for this expenditure will be received from the...
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