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
WHEREAS, the Clerk of Columbus City Council finds the property owners per the signed petition and the City per this resolution represents at least sixty percent (60%) of the front footage of the property located in the Franklinton SID per Chapter 1710; and
WHEREAS, it has been determined by this Council that the Special Improvement District is a valuable tool for furthering economic development and a means of continuing to revitalize the Franklinton area; NOW, THEREFORE,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Initial Plan of Improvements and Services, including the estimate of cost of the improvements and services to be provided by the Franklinton Special Improvement District of Columbus, Inc., now on file with the Clerk of Columbus City Council, and all of which are incorporated herein as (Attachment A), are hereby approved.
Section 2. That the Mayor or his designee is hereby authorized to designate in writing that the properties of municipal corporation abutting upon the streets described in the petition are included in the Plan of Improvements and Services as required by the Ohio Revised Code Chapter 1710.
Section 3. That the Clerk of Columbus City Council is hereby directed to post a copy of this resolution in the Office of the Clerk of Columbus City Council as provided by the Ohio Revised Code Chapter 1710.
SECTION 4. That this resolution shall take effect and be in force from and after the earliest period allowed by law.