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 owners renewed the SID one year early for a five-year period ending in 2015. The SID property owners now wish to 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 that they are interested in reauthorizing the SID and approving the Articles of Incorporation. This petition was accepted and approved by Columbus City Council by Ordinance 0639-2015, passed March 23, 2015. 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 approved by Columbus City Council by Resolution 0060X-2015, passed March 23, 2015.
This legislation is to declare the necessity to implement the Plan of Improvements and Services adopted by the Discovery Special Improvement District of Columbus, Inc. and the necessity to levy a special assessment for the services set forth in the plan pursuant to the Ohio Revised Code Chapter 1710.02 and 1719.06.
Emergency action is requested on this legislation to allow the special assessment process to proceed in a timely manner.
FISCAL IMPACT: No funding is required for this legislation.
Title
To declare the necessity to implement the Plan of Services adopted by the Discover...
Click here for full text