Label
ORD TO LEVY REVISED DTID
Division of Taxation and Treasury, Department of Law
R. Martinez (x1653), P. Syring (x1020)
(Revised)
Title
Levying special assessments for certain enhanced public services in the Revised Downtown Toledo Improvement District; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
On July 21, 2020, this Council adopted Resolution No. 262-20 approving the establishment of the Revised Downtown Toledo Improvement District (the District), the Articles of Incorporation of Revised Downtown Toledo Improvement District Inc. and an initial plan for enhanced public services in the District, all in accordance with a petition signed by the owners of at least 60% of the frontage of all real property located within the District that abuts upon any street, alley, public road, place, boulevard, park entrance, easement or other existing public improvement (excluding property owned by the United States of America and the State of Ohio and property owned by a church, Lucas County or the City, unless that church, the County or the City, as applicable has requested the inclusion of that property) that was submitted to and accepted by this Council on that date (the Petition).
On September 1, 2020, this Council adopted Resolution No. 322-20 approving the Amended Downtown Services Plan and Budget of the Revised Downtown Toledo Improvement District.
In accordance with the Petition and related proceedings, this Council has determined to levy special assessments on all lots and lands in the District except property owned by the United States of America and the State of Ohio and property owned by a church, Lucas County or the City, unless that church, the County or the City, as applicable, has requested the inclusion of that property, to pay costs of the enhanced public services described in Section 1, to be provided over a period of five years.
The fiscal impact of this ordinance is as follows:
- The amount of funds requested: none
- The expenditure ...
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