Title
A RESOLUTION MAKING FINDINGS AND DETERMINATIONS AS PERMITTED IN SECTIONS 3735.65 TO 3735.70 OF THE OHIO REVISED CODE IN EFFECT PRIOR TO JULY 1, 1994, ESTABLISHING MODIFYING, AMENDING AND DESCRIBING THE BOUNDARIES OF A "COMMUNITY REINVESTMENT AREA #1," AMENDING FOR 791 SCIENCE BLVD. AND THE SOUTHEAST CORNER OF TAYLOR AND TAYLOR STATION ROADS; DESIGNATING A HOUSING OFFICER TO ADMINISTER THE PROGRAM, CREATING A COMMUNITY REINVESTMENT AREA HOUSING COUNCIL; AMENDING STATUTORY RESOLUTION NO. SR-0002-2001; AND DECLARING AN EMERGENCY
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WHEREAS, this Council desires to pursue all reasonable and legitimate incentive measures to assist in encouraging housing maintenance and economic and community development in areas that have not enjoyed reinvestment by remodeling or new construction; and
WHEREAS, this Council has been briefed on new state law enabling legislation that allows for financial incentive to be offered within "community reinvestment areas"; and
WHEREAS, this Council has made a survey of housing as specified in Section 3735.66 of the Ohio Revised Code; and
WHEREAS, areas were found that contain housing facilities, or structures of historical significance, and wherein new housing construction and repair of existing facilities or structures are presently being discouraged; and
WHEREAS, the maintenance and construction of structures in such areas would serve to encourage economic stability, maintain real property values, an generate new employment opportunities; and
WHEREAS, tax abatement is only applicable to those properties within the corporate boundaries of Gahanna; and
WHEREAS, it is necessary and desirable to amend Community Reinvestment Area #1, pursuant to Sections 3735.65 to 3735.70 of the Ohio Revised Code in effect prior to July 1, 1994, to include an additional 3.519+/- acres of land known as 791 Science Blvd., and the southeast corner of Taylor/Taylor Station Roads;
NOW, THEREFORE, BE IT RESOLVED BY ...
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