Explanation
BACKGROUND: This Council is being asked to approve the Plan for Improvements and Services (Attached) to be provided by the Franklinton Special Improvement District of Columbus, Inc.; and to approve the properties of the municipal corporation in said plan for improvements and services.
This legislation is the second of the four actions required by Chapter 1710 of the Ohio Revised Code. City Council must approve the Initial Plan of Improvements and Services (attached) of the Franklinton Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation, organized pursuant to Chapter 1710 of the Revised Code.
A companion legislation is being presented simultaneously that approves the Petition and Articles of Incorporation that are on file with the Clerk of the Columbus City Council.
FISCAL IMPACT: No funding is required for this legislation.
Title
To approve the plan for improvements and services to be provided by the Franklinton Special Improvement District of Columbus, Inc.; and to approve the properties of the municipal corporation in said plan for improvements and services.
Body
WHEREAS, the property owners located in the Franklinton Special Improvement Development area have initiated a petition to authorize the SID and have filed the petition with the Clerk of the Columbus City Council along with the Articles of Incorporation of the Franklinton Special Improvement District of Columbus, Inc., an Ohio non-profit corporation to be responsible for the operation of the SID; and
WHEREAS, a companion piece of the legislation being presented to Columbus Council simultaneously will request the approval of the Franklinton SID’s Petition and Articles of Incorporation and the inclusion of the properties owned by the City of Columbus in said district; and
WHEREAS, this legislation is requesting the approval of the Plan for Improvements and Services to be provided by the Franklinton SID pursuant to Ohio Revised Code Chapter 1710; and...
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