Explanation
BACKGROUND: This ordinance authorizes the Director of Development to petition the Director of the Ohio Development Services Agency for an amendment to the certification of a designated area within the City of Columbus (City) as an urban jobs and enterprise zone under state law. This designated area, known as the City of Columbus Enterprise Zone, Zone Number 023 (Zone), was authorized by City Council (Council) Ordinance Number 779-85 and certified by the Ohio Department of Development in June 1985 and amended by Council by Ordinance Numbers 2722-85 in 1986; 2080-89 in 1989; 1949-92, 2249-92 and 2690-92 in 1992; 1079-94 and 1228-94 in 1994; 1274-95, 2196-95 and 2817-95 in 1995; 0533-99 in 1999; 1785-00 in 2000; 1464-02 in 2002; 0225-03 in 2003 and 0032-2012 in 2012. This Zone was most recently certified April 3, 2012. This ordinance will amend the Zone by adding approximately 818.24 acres as described in Attachments A-1 through A-3 (Amended Table of Census Areas (A-1), City of Columbus Enterprise Zone Expansion Map (A-2) and List of Parcels to be Added to the City of Columbus Enterprise Zone (A-3)). This addition is that of land annexed into the City following the 2003 expansion of the Zone (or not included in that expansion) comprised of 41 individual parcels in that part of the City known as the Rickenbacker area. The City will benefit from this addition to the Zone through the ability to use enterprise zone tax incentives in this area to elicit business growth, attract investment in industrial/commercial facilities, and encourage job creation and retention.
All of the parcels to be added to the City of Columbus Enterprise Zone are within the Columbus City School District (CCSD), and the CCSD has been advised of this proposal as required under State law.
Emergency Justification: Emergency legislation is necessary to maintain project schedules and to coincide with established development timelines.
FISCAL IMPACT: No funding is required for this...
Click here for full text