Label
All Council Members
Title
Amending special assessments for the Farzade Special Energy Improvement Projects; and declaring an emergency.
Summary
SUMMARY & BACKGROUND:
The City of Toledo, City of Oregon, City of Maumee, City of Northwood, City of Perrysburg, City of Sylvania, Village of Whitehouse, Township of Monclova, Township of Springfield, Township of Swanton, Township of Sylvania, Ohio and the Toledo-Lucas County Port Authority ("Port Authority") have partnered to create an Energy Special Improvement District ("District") under Ohio Revised Code Chapter 1710 and a non-profit corporation, known as the Northwest Ohio Advanced Energy Improvement District ("Corporation"), to govern the District. Property owners within the District are permitted to make certain "energy efficiency improvements" to their properties, which constitute a "special energy improvement project", and pay for the cost of the special energy improvement project by way of special assessments in accordance with the process set out in Chapters 727 and 1710 of the Ohio Revised Code. Revised Code Section 1710.01(G) provides that special energy improvement projects (including energy efficiency improvements) constitute public improvements and are therefore subject to special assessments.
On April 8, 2014, the Council adopted Resolution 133-14 accepting the petition of the Farzade of Toledo, Inc. for special assessments for the Farzade Special Energy Improvement Project, Ordinance 134-14 determining to proceed with the special energy project, and Ordinance 135-14 levying special assessments, amounting in the aggregate to $681,898.44, and placed for a term of fourteen (14) years, for multiple projects and levied against multiple parcels. Subsequent to the adoption of this legislation, and pursuant to an Agreement entered into by Nadtar LLC, Gasoco Properties, LLC, Farzade of Toledo, Inc., NZR Retail of Toledo, Inc., and the Corporation (hereinafter referred to as "Parties") to se...
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