Explanation
BACKGROUND: In 1999 the Capital South Community Urban Redevelopment Corporation, the Greater Columbus Chamber of Commerce and the Columbus Department of Trade and Development initiated an effort to work with downtown property owners to create a Special Improvement District (SID) in the core area of downtown. Property owners were surveyed and overwhelmingly were in support of creating a SID. In 2000 the SID was created for a five year term. Due to the success of the SID, it was reauthorized in 2006 and again in 2011. The current five year term concludes this summer of 2016. The property owners wish to authorize for another 5 year term. A one petition process has been initiated in which at least 60% of the property owners within the District signed that they are interested in reauthorizing the SID and they approve of the plan for improvements and services to be provided by the SID. The petition was accepted and approved by this Council by Ordinance 0610-2016, passed March 14, 2016. 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 approved by Columbus City Council by Resolution 0042X-2016, passed March 21, 2016.
This legislation is to declare the necessity to implement the Plan of Improvements and Services adopted by the Capital Crossroads 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 Capital Crossroads Special Improvement District of Columbus, Inc. and the necessity to levy a special assessment for the services...
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