Explanation
1. BACKGROUND
The Department of Public Service requests to establish a parking benefit district (PBD) in the Short North per the requirements in Columbus City Code 2155. A PBD is one part of a parking management plan to improve parking availability and encourage the use of alternate forms of transportation within the defined area. The creation of a PBD will create a funding source to improve the neighborhood and enhance mobility options for residents, employees, and visitors to the area.
The Short North PBD area is bounded on the north by the centerline of King Avenue west of High Street and by Eleventh Avenue east of High Street; on the east by the eastern-most set of railroad tracks east of North Fourth Street; on the south by the centerline of Interstate 670; and on the west by the Olentangy River, each line shall extend as necessary so as to intersect with adjacent boundaries. Such boundaries are as shown on the attached Exhibit A.
One hundred percent (100%) of the revenue generated from single space and/or multi-space parking meters and/or mobile payment only parking zones, after administrative, reserve, and operational costs have been paid, will be disbursed to the PBD subject to the rules and regulations promulgated by the Public Service Director. Parking citation revenue, other revenue and residential permit fees will not be included in this disbursement.
As part of the Short North PBD, the Director of Public Service requests the City Auditor to create two (2) subfunds within the Parking Meter Fund to properly track and account for Short North PBD revenues and expenditures. One subfund will be for daily operations of the Short North PBD, and one will be for future reserve and capital needs.
This ordinance also authorizes the City Auditor to create subfund(s) as needed within the Parking Meter Fund to allow for any additional parking benefit districts that are established as well as any additional tracking that may be needed.
Approval of this ordinance is contingent on approval of Ordinance No. 1918-2018. The companion ordinance to this ordinance is 1662-2018, which will be contingent upon this ordinance passing.
2. FISCAL IMPACT
No immediate fiscal impact to the City. Some of the funds generated by the PBD will eventually be dispersed to the PBD. This Ordinance is contingent upon the passage of Ordinance No. 1918-2018.
3. EMERGENCY DESIGNATION
Emergency action is requested to allow for the immediate execution of the agreement and implement the Short North Parking Plan without delay and to set up necessary subfunds to properly account for revenues and expenditures.
Title
To establish the Short North Parking Benefit District per the requirements of Columbus City Code Section 2155.13; to authorize the City Auditor to create new subfund(s) within the Parking Meter Fund; and to declare an emergency. ($0.00)
Body
WHEREAS, there is a need to establish the Short North PBD to improve parking availability and encourage the use of alternative forms of transportation within the defined area; and
WHEREAS, that 100% of parking space/mobile payment parking revenues occuring in the Short North PBD are designated to the Short North PBD subject to the rules and regulations promulgated by the Public Service Director; and
WHEREAS, in order to properly account for these revenues and expenditures, it is necessary for the City Auditor to create two (2) new subfunds within the City’s Parking Meter Fund; and
WHEREAS, approval of this ordinance is contingent upon approval of Ordinance No. 1918-2018; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Service in that it is immediately necessary to establish the Short North PBD for the efficient operation of the City and for the preservation of the public health, peace, property, safety, and welfare; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Short North Parking Benefit District is hereby established, as specfied in Columbus City Code Section 2155.13, and the boundaries shall be: on the north by the centerline of King Avenue west of High Street and by Eleventh Avenue east of High Street; on the east by the eastern-most set of railroad tracks east of North Fourth Street; on the south by the centerline of Interstate 670; and on the west by the Olentangy River. Each line shall extend as necessary so as to intersect with adjacent boundaries. Such boundaries are as shown on the attached Exhibit A.
SECTION 2. That the City Auditor is hereby authorized to establish two (2) subfunds (Short North Parking Benefits District Operating and Short North Parking Benefits District Reserve) to properly account for revenues & expenditures.
SECTION 3. That the City Auditor is hereby authorized to create subfund(s) as needed within the Parking Meter Fund to allow for any additional parking benefit districts that are established as well as any additional tracking that may be needed.
SECTION 4. That parking space/meter/mobile payment revenues occuring in this Parking Benefit District are hereby designated to the Short North Parking Benefit District Operating Subfund.
SECTION 5. That 100% of the revenues generated, after admininstrative, reserve, and operational expenses will be disbursed to the Short North Parking Benefit District subject to the rules and regulations promulgated by the Public Service Director.
SECTION 6. That the funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 7. That final approval of this ordinance is contingent upon approval of Ordinance No. 1918-2018.
SECTION 8. That for the reasons stated in the Preamble hereto, which is hereby made a part hereof, this Ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after passage and approval by the Mayor or ten days after passage if the Mayor neither approves nor vetoes the same.