Explanation
BACKGROUND: Chapter 1710 of the Ohio Revised Code, effective September 29, 1994 provides for the creation of Special Improvement Districts (SID), by non-profit corporations governed by trustees elected by the property owners for the provision of special services in a designated district. The City of Columbus currently has five Special Improvement Districts (SIDS), they are the Capital Crossroads SID, Discovery SID, Short North SID, Morse Road SID, and the University District SID, all have been very successful. We now have a petition to approve a new SID in the East Main Street area, from Bexley to Whitehall, to be known as the “East Main Street Special Improvement District, (East Main Street SID). The property owners have initiated a one petition process in which the property owners of at least 60% of the front footage of all real property located within the District signed that they are interested in the creation of a SID and they approve of the Plan for Improvements and Services to be provided by the SID.
This legislation is one of the first actions required by Chapter 1710 of the Ohio Revised Code. City Council must approve the Initial Plan of Improvements and Services (attached) of the East Main Street Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation organized pursuant to Chapter 1710 of the Revised Code.
Companion legislation is being presented that approves the Petition and the Articles of Incorporation of the East Main Street Special Improvement District.
This legislation is for the approval of the Plan for Improvement and Services (Attached) to be provided by the East Main Street Special Improvement District of Columbus, Inc. pursuant to Ohio Revised Code Chapter 1710.
FISCAL IMPACT: No funding is required for this legislation.
Title
To approve the Initial Plan for Improvements and Services to be provided by the East Main Street Special Improvement District of Columbus, Inc., and to approve the property of the municipal corporation in said plan for improvements and services.
Body
WHEREAS, the property owners located in the East Main Street area have initiated a petition to create the East Main Street Special Improvement District (SID) and to approve the Initial Plan for Improvements and Services and have filed the Petition with the Columbus City Council along with the Articles of Incorporation for Special Improvement District, Inc. a non-profit corporation to be responsible for the operation of the SID; and
WHEREAS, companion legislation to approve the Petition and Articles of Incorporation to create the Special Improvement District, Inc. is simultaneously being presented to Columbus City Council; and
WHEREAS, this legislation is for the approval of the Plan for Improvements and Services to be provided by the East Main Street Special Improvement District of Columbus, Inc. pursuant to Ohio Revised Code Chapter 1710; and
WHEREAS, the Clerk of Columbus City Council finds the property owners per the signed petition and the City per this resolution represents at least seventy-five percent (60%) of front footage of all property located in the East Main Street Special Improvement District per Section 1710; and
WHEREAS, it is the determination of the City Council that the Special Improvement District is a valuable tool for economic development and a means of continuing to improve the East Main Street area; NOW, THEREFORE:
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Initial Plan of Improvements and Services, including the estimate of cost of the improvements and services to be provided by the East Main Street Special Improvement District of Columbus, Inc., now on file with the City Clerk are hereby approved.
SECTION 2. That the Mayor or his designee is hereby authorized to designate in writing that the City’s property within the East Main Street SID is included under the Plan for Improvement and Services and may be assessed under the Plan for Improvement and Services.
SECTION 3. That the City Clerk is hereby directed to post a copy of this Resolution in the Office of the City Clerk as provided by Ohio Revised Code Chapter 1710.
SECTION 4. That this Resolution shall take effect and be in force from and after the earliest period allowed by law.