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File #: 3009-2022    Version: 1
Type: Ordinance Status: Passed
File created: 10/28/2022 In control: Economic Development Committee
On agenda: 11/21/2022 Final action: 11/23/2022
Title: To authorize the Director of Development to petition the Ohio Department of Development to amend the existing South Grove Community Reinvestment Area as established by the Ohio Revised Code to (1) rename the Community Reinvestment Area as the Southside Investment District Community Reinvestment Area (the “CRA”); (2) to revise the improvements eligible for abatement within the CRA; and (3) to add approximately 8,931 acres of land within the City of Columbus, contiguous with the current boundary of the CRA but not currently within the boundary of the CRA.
Attachments: 1. 3009-2022 South Grove Pre04 CRA 1st Amend Added Parcels A-2 FINAL, 2. 3009-2022 South Grove Pre94 CRA 1st Amend A-1 Map FINAL
Explanation

BACKGROUND: This ordinance authorizes the Director of the Columbus Department of Development to petition the Director of the Ohio Department of Development to amend the certification of an area designated within the City of Columbus (City) as a Community Reinvestment Area (CRA). CRAs have been designated by Columbus City Council (Council) under the general guidelines of Ordinance 1698-78. Such areas allow for the granting of real property tax incentives to encourage industrial, commercial and residential growth. This designated area, currently known as the South Grove CRA, number 049-18000-31, was authorized by Council by Resolution No. 0218X-78, passed on August 3, 1978 and certified by the State of Ohio on September 3, 1978.

This ordinance will amend the existing South Grove CRA by (1) renaming the South Grove CRA to be the Southside Investment District CRA (the “CRA”); (2) to revise the improvements eligible for abatement within the CRA; and by (3) adding approximately 8,931 acres as described in Attachments A-1 and A-2 (City of Columbus Community Reinvestment Area Expansion Map (A-1) and List of Parcels to be added to the CRA (A-2)). This addition is comprised of 1,959 individual parcels within the City of Columbus, contiguous with the current boundary of the CRA but not currently within the boundary of the CRA.

Approximately ninety percent (90.0%) of the parcels to be added to the CRA are within the Columbus City School District (CCSD), five percent (5.0%) are within the Groveport Madison Local School District, one percent (1.0%) will be within the Hamilton Local School District (HMSD) and four percent (4.0%) will be within the South-Western City School District (SWCSD). This CRA, as amended herein, results in sixty-two percent (62%) of the area is within the CCSD, six percent (6%) of the area to be added is within the GMLSD, seventeen percent (17%) of the area to be added is within the HLSD and fifteen percent (15%) of the area to be adde...

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