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A STATUTORY RESOLUTION MAKING FINDINGS AND DETERMINATIONS AS PERMITTED IN SECTIONS 3735.65 TO 3735.70 OF THE OHIO REVISED CODE TO MODIFY THE BOUNDARIES OF COMMUNITY INVESTMENT AREA #3.
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WHEREAS, pursuant to Ohio Revised Code Sections 3735.65 et seq., this Council, on May 19, 1992, adopted its Substitute Resolution No. 29-92 (the “Original CRA Resolution”), in which it found that certain areas located within the City (as described and depicted in the Original CRA Resolution and referred to as “Community Reinvestment Area #3”) contained housing facilities, or structures of historical significance, wherein new housing construction and repair of existing facilities or structures were being discouraged, and that maintenance and construction of those structures would serve to encourage economic stability, maintain real property values and generate new employment opportunities, and established Community Reinvestment Area #3 coextensive with the boundaries of that area to provide real property tax exemptions for certain improvements to real property within that area; and
WHEREAS, pursuant to Ohio Revised Code Sections 3735.65 et seq., this Council, on March 7, 1995, adopted its Resolution No. 17-95, which modified the boundaries of the Community Reinvestment Area #3; and
WHEREAS, pursuant to Ohio Revised Code Sections 3735.65 et seq., this Council, on December 31, 1998, adopted its Resolution No. 129-98, which modified the boundaries of the Community Reinvestment Area #3; and
WHEREAS, pursuant to Ohio Revised Code Sections 3735.65 et seq., this Council, on December 19, 2005, adopted its Statutory Resolution No. 3-2005 which modified the boundaries of the Community Reinvestment Area #3; and
WHEREAS, pursuant to Ohio Revised Code Sections 3735.65 et seq., this Council, on December 3, 2012, adopted its Statutory Resolution No. 3-2012, which modified the boundaries of the Community Reinvestment Area #3.
WHEREAS, this Council desires to further modify the boundaries of Community Reinvestment Area #3 to encourage investment and construction within that area.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. For the purposes of fulfilling the requirements set forth under Ohio Revised Code Sections 3735.65 to 3735.70, this Council adopts the findings of the Housing Survey for Community Reinvestment Area #3 currently on file with the Department of Planning & Development and reestablishes Community Reinvestment Area #3. The findings of the Housing Survey are hereby incorporated into this Statutory Resolution as EXHIBIT A attached hereto.
Section 2. The boundaries of Community Reinvestment Area #3 are hereby amended and restated in their entirety as EXHIBIT B attached hereto. This Council finds that the area included within Community Reinvestment Area #3 as shown on EXHIBIT B hereto is one in which housing facilities or structures of historical significance are located and new housing construction and repair of existing facilities or structures are discouraged.
Section 3. Except as amended hereby, the CRA Resolution shall remain in full force and effect.
Section 4. That a copy of this Statutory Resolution will be forwarded to the Franklin County Auditor by the Director of Planning & Development for information and reference.
Section 5. That the Director of Planning & Development is authorized to petition the Director of the Ohio Development Services Agency for the approval of Community Reinvestment Area #3 on behalf of this Council and pursuant to the requirements of Ohio Revised Code Section 3735.66.
Section 6. This Council finds and determines that all formal actions of this Council and any of its committees concerning and relating to the passage of this Statutory Resolution were taken in an open meeting of this Council or its committees, and that all deliberations of this Council and any of its committees that resulted in those formal actions were in meetings open to the public, all in compliance with the law including Section 121.22 of the Ohio Revised Code.
Section 9. That this Statutory Resolution shall be in full force and effect upon passage by this Council and 30 days after date of signature approval by the Mayor.