Explanation
BACKGROUND: This Council is being asked to approve the Petition, and the Articles of Incorporation of the Capital Crossroads Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation organized pursuant to ORC 1710.
The Petition and Articles of Incorporation are on file with the Clerk of the Columbus City Council.
The Council is also being asked to also approve the inclusion of City-owned property as part of the Special Improvement District.
At the request of property owners in the core of Downtown, City Council authorized the creation of the Capital Crossroads Special Improvement District of Columbus, Inc. (Capital Crossroads SID) in 2001 to begin collecting assessments for services in the SID area. The Capital Crossroads SID has operated successfully since its inception and the property owners reauthorized the Capital Crossroads SID in 2006, 2011 and 2016 with Council’s consent. City Council approved the addition of the Transit Services Plan for the Capital Crossroads SID at the request of property owners in 2017.
The property owners now request reauthorization of the Base Services Plan for an additional four-year period (2022-2025) and the Transit Services Plan for an additional five-year period (2021-2025), both with slightly different boundaries.
In reauthorizing the Capital Crossroads SID, property owners are initiating a one-petition process in which property owners representing at least 60% of the frontage of property, per Ohio Revised Code Chapter 1710 (ORC Chapter 1710) within the District, signed a petition approving the Plans for Services to be provided by the Capital Crossroads SID.
This legislation is the first of four actions required by Chapter 1710 of the Ohio Revised code to reauthorize.
Emergency action is requested to allow the Capital Crossroads Special Improvement District of Columbus, Inc. to continue the reauthorization of their Special Improvement District without interruption.
FISCAL IM...
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