Explanation
BACKGROUND: On November 4, 2013 City Council approved Ordinance 2529-2013 authorizing the Director of Development to enter into an annexation agreement with the Board of Trustees of Franklin Township, the legislative authority of and for Franklin Township. The City and the Township have contiguous boundaries and overlapping jurisdictions within Franklin County. In order to advance the welfare of the citizens for the respective jurisdictions, the parties desire to cooperate by fostering and promoting development which is compatible with the character of the area, while also preserving the geographic integrity of the Township.
The annexation agreement outlines Annexation payments as well as areas of cooperation including joint land use planning to ensure coordination on projects, joint marketing to advance economic development and coordination of capital improvement projects along the West Broad Street Corridor.
The Department of Development requests emergency consideration of this Ordinance to allow for the immediate payments set forth in the Annexation Agreement.
FISCAL IMPACT: Payment not to exceed $332,473.50 for the period October 8, 2012 through December 31, 2013 to be made to the Board of Trustees of Franklin Township.
Title
To authorize expenditures in an amount equal to the percentage set forth in the Annexation Agreement with the Board of Trustees of Franklin Township authorized by Ordinance 2529-2013 and approved by City Council on November 4, 2013; to authorize and direct the City Auditor to transfer $332,473.50 within the General Fund; to authorize the expenditure of $332,473.50 from the General Fund; and to declare an emergency. ($332,473.50)
Body
WHEREAS, the City and the Township are political subdivisions located entirely within the State of Ohio; and
WHEREAS, the Township and City being contiguous and to a certain extent, having overlapping jurisdictions with areas located in Franklin County; and
WHEREAS, as part of su...
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