Explanation
BACKGROUND: In 2005 the Northland Alliance, the Morse Road SID Exploratory Committee, and the City of Columbus Development Department initiated an effort with property owners on Morse Road from Indianola Avenue to Cleveland Avenue to create a Special Improvement District (SID). In 2006 the Morse Road SID was created for a term of ten (10) years. On March 14, 2016 a petition to reauthorize for another ten (10) years was accepted and approved by Columbus City Council by Ordinance No. 0611- 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 No. 0043X-2016, passed March 21, 2016. The third piece of legislation was to declare the necessity to implement the Plan of Services adopted by the Morse Road Special Improvement District of Columbus, Inc., and to levy a special assessment for the services. This legislation was approved by Columbus City Council by Resolution No. 0098X-2016, passed May 2, 2016. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1579-2016, passed June 20, 2016. Each assessment is to be returned to the SID for operational requirements as set forth in the District Plan.
This legislation appropriates and approves the expenditure of assessments collected in fiscal year 2019 that are to be returned to the SID. This legislation also allows the Director of Development to enter into a contract with the Morse Road Special Improvement District of Columbus, Inc. for disbursement of these funds.
Emergency action is necessary to allow vital program services to continue without interruption.
FISCAL IMPACT: Funds for this expenditure will be received from the levy of assessments collected from property owners in the Morse Road Special Improvement District. These funds are deposited into...
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