Explanation
BACKGROUND: This legislation is to request the Council to approve the Petition, and the Articles of Incorporation (Attached) of the Franklinton Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation.
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.
The City of Columbus currently has six Special Improvement Districts known as (SIDS): they are the Capital Crossroads SID, Discovery SID, Short North SID, Morse Road SID, University District SID and the East Main Street SID.
We now have a petition to approve a new SID in the Franklinton area between I-70 and Lucas Street on Broad Street to be known as the Franklinton Special Improvement District (Franklinton SID) within the boundaries of the map, included in the Petition.
The property owners have initiated a one petition process in which the owners of at least 60% of the front footage of all real property located within the District signed, acknowledging that they are interested in the creation of Special Improvement District and they approve of the Plan for Improvements and Services to be provided by the Franklinton SID.
The petition and Articles of Incorporation are on file with the Clerk of the Columbus City Council.
The Council is also being asked to approve the inclusion of a City owned property (or City owned properties) as part of the Special Improvement District.
Emergency action is required to allow the Franklinton Special Improvement District of Columbus, Inc. to continue to establish a Special Improvement District in a timely manner.
FISCAL IMPACT: No funding is required for this legislation
Title
To approve the Franklinton Special Improvement District of Columbus, Inc. Petition and Articles of Incorporation and the inclusion of the properties owned by the City of Columbus in said district; and to declare an emergency.
Body
WHEREAS, Chapter 1710 of the Revised Code, effective September 29, 1994 provides for the creation of Special Improvement District, by non-profit corporations governed by trustees elected by the property owners for the provision of special services in a designated district; and
WHEREAS, the property owners located in the Franklinton area have initiated a petition to create the Franklinton Special Improvement District of Columbus, Inc., and have filed the petition with the Columbus City Council along with the Articles of Incorporation of the Franklinton Special Improvement District of Columbus, Inc., an Ohio non-profit corporation, created pursuant to Chapter 1710.02 of the Revised Code; and
WHEREAS, the Clerk of Columbus City Council finds that the property owners per the signed Petition, if authorized by the Council, represents sixty percent (60%) of front footage all real property located within the District, all as provided by Section 1710.02 of the Revised Code; and
WHEREAS, it has been determined by Columbus City Council that the Special Improvement District is a valuable tool for furthering economic development and a means of continuing to revitalize the Franklinton area; and,
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to approve the Petition, and the Articles of Incorporation for the Franklinton Special Improvement District of Columbus, Inc., all for the immediate preservation of the public health, property, safety and welfare; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Petition for the creation of the Franklinton Special Improvement District, and the Articles of Incorporation of the Franklinton Special Improvement District of Columbus, Inc., now on file with the Clerk of the Columbus city Council, are hereby approved.
Section 2. That the property of the City Columbus abutting upon the street described in the Petition is hereby authorized to be included in the district.
Section 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof this Ordinance is 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 its passage if the Mayor neither approves nor vetoes the same.