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File #: 0463-2020    Version: 1
Type: Ordinance Status: Passed
File created: 2/11/2020 In control: Small & Minority Business Committee
On agenda: 3/2/2020 Final action: 3/5/2020
Title: To authorize the appropriation and expenditure of up to $325,000.00 from the University SID fund; to authorize the Director of Development to enter into a contract with the University District Special Improvement District in an amount up to $325,000.00; and to declare an emergency. ($325,000.00)
Attachments: 1. ORD0463-2020 2020-02-11 ED Univeristy SID 2020 Contract

Explanation

BACKGROUND: This legislation authorizes the appropriation and expenditure of up to $325,000.00 and the Director of Development to enter into a contract with the University District Special Improvement District in an amount up to $325,000.00.

 

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.

 

In 2015 a petition to create a new SID in the University area to be known as the University District Special Improvement District (SID) was approved by Council. The property owners initiated a petition process in which the owners of at least 75% of the area 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 University District SID. This petition was accepted and approved by Columbus City Council by Ordinance 0641-2015, passed March 23, 2015.

 

Another action required by the Ohio Revised Code is the approval of the Plan for Improvements and Services in said plan. This legislation was approved by Columbus City Council by Resolution No. 0061X-2015, passed March 23, 2015.

 

The third piece of legislation was to declare the necessity to implement the Plan of Services adopted by the University District 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. 0096-2015, passed April 27, 2015.

 

A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1892-2015, passed July 27, 2015. Each assessment is to be returned to the SID for operational requirements as set forth in the District Plan.

 

This legislation disburses assessments to be collected in fiscal year 2020 to be returned to the SID.

 

Emergency action is requested to continue services without interruption.

 

FISCAL IMPACT: Funds for this expenditure will be received from the levy of assessments to be collected from property owners in the University District Special Improvement District. These funds are deposited into and expended from University SID Fund (fund 3311).

 

Title

To authorize the appropriation and expenditure of up to $325,000.00 from the University SID fund; to authorize the Director of Development to enter into a contract with the University District Special Improvement District in an amount up to $325,000.00; and to declare an emergency. ($325,000.00)

 

Body

WHEREAS, City Council approved the creation and implementation of a plan for services for the University District Special Improvement District of Columbus, Inc. for a period of 5 years from January 1, 2016, through December 31, 2020; and

 

WHEREAS, City Council has also levied assessments in accordance with the Ohio Revised Code, Chapter 1710 for such purposes, which funds are in the process of collection and are required by law to be distributed to the District by the City; and

 

WHEREAS, the assessment funds collected by the County and forwarded to the City for disbursement will be available in March and September 2020; and

 

WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Economic Development Division, in that it is immediately necessary to appropriate and expend said funds to allow for continuation of services without interruption, thereby preserving the public health, peace, property, safety, and welfare; and NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

 

Section 1. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2020, the sum of $325,000.00 is appropriated in Fund 3311 (University SID), Dept-Div 44-02 (Economic Development), in object class 05 (Other)

 

Section 2. That the expenditure of $325,000.00 or so much thereof as may be needed, is hereby authorized in Fund 3311 (University SID), Dept-Div 44-02 (Economic Development) in object class 05 (Other) per the accounting codes in the attachment to this ordinance.

 

Section 3.  That the funds necessary to carry out the purposes of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.

 

SECTION 4.                     That the Director of Development is hereby authorized to enter into a contract with the University District Special Improvement District of Columbus, Inc. for an amount up to $325,000.00.

 

Section 5.  That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.

 

SECTION 6.                     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 its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.