Explanation
BACKGROUND: Chapter 1710 of the Ohio Revised Code, effective September 29, 1994 provides for the creation of Special Improvement Districts, 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 known as (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 between Bexley and Whitehall to be known as the East Main Street Special Improvement District (East Main Street SID) within the boundaries of the map, included in the Petition. The property owners have initiated a one petition process in which the owners of at least 60% of the front footage of all real property located within the District signed, acknowledging that they are interested in the creation of a Special Improvement District and they approve of the Plan for Improvements and Services to be provided by the East Main Street SID.
This Council is being asked to approve the Petition, and the Articles of Incorporation (Attached) of the East Main Street Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation.
The Petition and Articles of Incorporation are on file with the Clerk of the Columbus City Council.
This Council is also being asked to also approve the inclusion of a City owned property as part of the Special Improvement District.
Emergency action is required to allow the East Main Street Special Improvement District of Columbus, Inc. to continue to establish a Special Improvement District in a timely manner.
FISCAL IMPACT: No funding is required for this legislation
Title
To approve the East Main Street Special Improvement District of Columbus, Inc. Petition and Articles of Incorporation and the inclusion of the property owned by the City of Columbus in said district, and to declare an emergency.
Body
WHEREAS, Chapter 1710 of the Revised Code, effective September 29, 1994 provides for the creation of Special Improvement Districts (SIDs), by non-profit corporations governed by trustees elected by the property owners for the provision of special services in a designated district; and
WHEREAS, the property owners located in the East Main Street have initiated a petition to create the East Main Street Special Improvement District of Columbus, Inc. and have filed the petition with the Columbus City Council along with the Articles of Incorporation of the East Main Street Special Improvement District of Columbus, Inc. an Ohio non-profit corporation, created pursuant to Chapter 1710.02 of the Revised Code; and
WHEREAS, the Clerk of Columbus City Council finds that the property owners per the signed Petition, if authorized by this Council represents 60% of front footage all real property located within the District, all as provided by Section 1710.02 of the Revised Code; and
WHEREAS, it is the determination of the Columbus City Council that the Special Improvement District is a valuable tool for continuing to further economic development and a means of continuing to revitalize the East Main Street area; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to approve the Petition, and the Articles of Incorporation for the East Main Street Special Improvement District of Columbus, Inc., all for the immediate preservation of the public health, property, safety and welfare; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Petition for the creation of the East Main Street Special Improvement District of Columbus, Inc. and the Articles of Incorporation of the East Main Street Special Improvement District of Columbus, Inc., now on file with the Clerk of the Columbus City Council, are hereby approved.
Section 2. That the property of the City of Columbus abutting upon the street described in the Petition is hereby authorized to be included in the district.
Section 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after its passage if the Mayor neither approves nor vetoes the same.