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, adopted March 23, 2015. Also, in accordance with the Ohio Revised Code, an action 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 was adopted by City Council as Resolution 0097X-2015 on April 27th, 2015.
This legislation will determine to proceed with the Plan of Services of the Discovery Special Improvement District of Columbus, Inc. and to provide for the levy of assessments in said district. It also approves the report of the Assessment Equali...
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