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File #: O-277-25    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 5/29/2025 In control: Law Department
On agenda: 6/17/2025 Final action:
Title: Approving the Petition, the Amended Articles of Incorporation, and Downtown Services Plan and Budget of the Downtown Toledo Improvement District for the ive-year period commencing January 1st 2026; and declaring an emergency.
Date Ver.Action ByActionResultAction DetailsAgenda SummaryAudio
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Label
Downtown SID - Resolution Approving Petition
Law Department
Paul F. Syring (x1025)
Revised

Title
Approving the Petition, the Amended Articles of Incorporation, and Downtown Services Plan and Budget of the Downtown Toledo Improvement District for the ive-year period commencing January 1st 2026; and declaring an emergency.

Summary
SUMMARY & BACKGROUND:
Ohio law allows property owners to assess themselves to fund a number of services through the creation of a Special Improvement District (SID). Passage of this legislation represents the first step of a process by which businesses downtown may agree to improved services to be paid for by a special assessment. The Ohio Revised Code (??1710 et seq) requires that the legislative body of a community in which the proposed SID act on a petition within 60 days of the submission of such petition. A SID was established in downtown Toledo by approval of City Council in 2005. As a part of the City of Toledo's ongoing efforts to more effectively coordinate the work of downtown entities and to more efficiently partner with downtown businesses to help maintain, improve, and build the downtown area of the City of Toledo as a viable business, cultural, residential, and recreational community, Council approval for a SID plan and budget for a successor five-year period commencing January 1st 2026 has been requested by Downtown Toledo Improvement, Inc. After securing by petition, the agreement of property owners representing at least 60% of the frontage of lots and lands to be assessed by this proposed SID, a petition for the establishment of a revised SID was filed by Downtown Toledo Improvement District, Inc. in conformance with the Ohio Revised Code (??1710 et seq).

On May 30, 2025, DTID submitted a Petition, Amended Articles of Incorporation and Downtown Services Plan and Budget for consideration by City Council and the Mayor.

NOW THEREFORE, Be it resolved that:

SECTION 1. That the City of Toledo approves ...

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