Explanation
BACKGROUND: This resolution is presented as a result of Resolution No. 0325X-2018 declaring the establishment of the Harrison Market New Community Authority, (the “AUTHORITY”) to be conducive to the public safety, convenience, and welfare and is intended to result in appointing Members to the associated Board of Trustees of the Authority (the “BOARD OF TRUSTEES”). This resolution is to appoint Members to the Board of Trustees following the terms of the Members appointed by Resolution No. 0325X-2018 passed on November 5, 2018. Emergency action is necessary to provide for the immediate appointment of Members to the Board of Trustees.
FISCAL IMPACT: No funding is required for this legislation
Title
To appoint a Member to the Board of Trustees of the Harrison Market New Community Authority as required by Chapter 349 of the Ohio Revised Code; and to declare an emergency
Body
WHEREAS, Perry Street, LLC (the “Developer”) and the City have entered into an Economic Development Agreement for the redevelopment of an approximately 21-acre site located south of Fifth Avenue and the Battelle campus as a mixed use commercial and residential development consisting of approximately 311 multi-family rental residential units, 32 single-family townhomes, 42 single-family residential homes, a 128 room hotel, retail/restaurant space, surface parking and a structured parking garage with at least 350 parking spaces, public park and open space amenities, and roadway and utilities improvements; and
WHEREAS, a Petition for the Organization of the Harrison Market Community Authority (the “Authority”) under ORC Chapter 349 (the “Petition”) has been submitted to this Council; and
WHEREAS, the Authority’s new community district, as described in the Petition, is located entirely within the municipal corporate boundaries of the City, and this Council, as the legislative authority of the City, is therefore the organizational board of commissioners for purposes of the Petiti...
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