Explanation
BACKGROUND: This legislation is to request the Council to approve and to determine to proceed with the Service Plan of the Franklinton Special Improvement District of Columbus, Inc., and to provide for the levy of assessments in said district; and to declare an emergency.
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 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 services to be provided by the Franklinton SID.
This legislation is the fourth and final one of a series of actions required by Chapter 1710 of the Ohio Revised Code. City Council must approve and to determine to proceed with the Service Plan of the Franklinton SID and to provide for the levy of assessment in said district.
Emergency action is required to allow the Franklinton Special Improvement District of Columbus, Inc. to proceed in a timely manner.
FISCAL IMPACT: No funding is required for this legislation
Title
To determine to proceed with the Service Plan of the Franklinton Special Improvement District of Columbus, Inc., and to provide for the levy of assessments in said district; and to declare an emergen...
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