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HomeMy WebLinkAboutResolution 63-25RECORD OF RESOLUTIONS Form 6301 BARRETT BROTHERS - DAYTON, OHIO 63-25 Resolution No. Passed ; DETERMINING THAT THE CONSENTS TO THE EXPANSION OF THE BRIDGE PARK NEW COMMUNITY AUTHORITY COMPLY WITH THE REQUIREMENTS OF SECTION 349.03 OF THE OHIO REVISED CODE AND TO FIX A DATE AND PLACE FOR A PUBLIC HEARING ON THE EXPANSION. WHEREAS, pursuant to Chapter 349 of the Ohio Revised Code, on February 17, 2015, Crawford Hoying Development Partners, Ltd. (the “Original Developer”) filed a petition (the “Original Petition”) for the establishment of the Bridge Park New Community Authority (the “Authority”) with this City Council: and WHEREAS, this City Council adopted Resolution No. 25-15 on March 19, 2015, determining that the Bridge Park New Community Authority (the “District”) would be conducive to the public health, safety, convenience and welfare and that it was intended to result in the development of a new community as described in Chapter 349 of the Ohio Revised Code, and declaring the Authority organized as a body corporate and politic in the State of Ohio; and WHEREAS, Section 349.03(B) of the Ohio Revised Code authorizes this Council to add property to the District with the consent of the property owner; and WHEREAS, the Central Ohio Transit Authority, the City of Dublin, BP Extension I Acquisition LLC, 4370 Dale Drive Acquisition LLC, Bridge Park JBlock Commercial Investments, LLC, Crawford Hoying Development Partners, LLC, and Bridge Park YBlock Holdings LLC have filed consents (collectively, the “Consents”) for the addition of property to the District, including the property labeled as Block J and Block Y on the map attached as Exhibit A hereto (the “Expansion Area”); and WHEREAS, Crawford Hoying Development Partners, LLC (the “Developer”), as the “developer” for the District within the meaning of Section 349.01(E) of the Ohio Revised Code does not object to adding the Expansion Area to the District; and WHEREAS, the Developer has agreed to allow the assignment of one of the developer appointments to the Board of Trustees of the Bridge Park New Community Authority by the City; and WHEREAS, the Developer has requested that the City Council, as the organizational board of commissioners, determine that the Consents comply as to form and substance with the requirements of Section 349.03 of the Ohio Revised Code, and the Developer further requests that the City Council fix the time and place of a hearing on the additional of the Expansion Area to the District; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of Ohio, of the elected members concurring, that: Section 1. This City Council has examined the Consents and finds and determines that the Consents comply with the requirements of Section 349.03 of the Ohio Revised Code as to form and substance. Section 2. A public hearing on the expansion of the District to include the Expansion Area shall be held on December 8, 2025, at 7:00 p.m. in City Council Chambers. Section 3. The Clerk of this City Council is directed to arrange for notice of the public hearing by publication once each week for three consecutive weeks in 7he Columbus Dispatch pursuant to Section 349.03(A) of the Ohio Revised Code, provided that each such publication shall appear in 7he Columbus Dispatch prior to the public hearing described in Section 2 hereof. Section 4. This City Council finds and determines that all formal actions of this City Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this City Council and that all deliberations of this City Council and of any RECORD OF RESOLUTIONS BARRETT BROTHERS - DAYTON, OHIO Form 6301 63-25 Page 2 Resolution No. Passed . committees that resulted in those formal actions were in meetings open to the public in compliance with the law, including Section 121.22 of the Ohio Revised Code. Section 5. This Ordinance is declared to be in full force and effect from and after the earliest period allowed by law. Signed: LC. 4 s&— Mayor - Presiding Officer Attest: ft | ot Coup — Passed: Nowe bec (7 2025 T t Effective: Novenbe (7 , 2025 Exhibit A Boundaries of Bridge Park New Community Authority (Including Expansion Areas) [| J 3/ i & fa re T= PALE Dany LE PAL oaing | : ey ait IE: | = Il 1 12751 + 5 2 ; 273-013252 [21 F FERS aeoisat) 1 Ay fay I iw \ 2 =] 273-013230 lr me A Be SS % 273-013231 SOONEY WAY, = — g MOONEY STREET | 5 alr Beas - moo™ -_ _—_ Se F Q I 3 F i i: | # 3140 ae 273.012120 greater) an gee y —————— -=—- it RIVERSIDE DRIVE <> —— 77 — 7s e—_— = = = = ee —_--rr = SCIOTO RIVER al ener 7 TTT | if ay i on _ 7 GRAPHIC SCALE . 3 150 0 an | 1 loch ~150 feet To: Members of Dublin City Council From: Megan O'Callaghan, City Manager Date: November 12, 2025 Initiated By: Matt Rubino, Chief Financial Officer/Director of Finance Re: Resolution 63-25 Determining that the Consents to Expansion of the Bridge Park New Community Authority Comply with the Requirements of the Ohio Revised Code and Setting a Hearing Date Summary This Resolution is the first procedural step for the approval of an expansion of the Bridge Park New Community Authority (NCA) and modification of the process for selecting developer Board members. Property owners in the District including the City, COTA, Crawford Hoying Development Partners, LLC, and development entities (LLCs) controlled by Crawford Hoying have provided written consent to join the expanded NCA and have agreed to modify the procedures for appointing developer members of the NCA Board. A copy of the signed consent has been included with the materials for this agenda item for review by Council. Background The Bridge Park NCA is a strategic governance and financing model that drives urban redevelopment, enhances community amenities, and creates a sustainable funding structure for future growth. The Bridge Park New Community Authority (NCA) was established under Ohio Revised Code Chapter 349 to promote a well-planned, economically sound community in Dublin’s Bridge Park district. The NCA has a primary purpose to oversee development of public infrastructure improvements and community facilities within Bridge Park, ensuring an orderly and economically sound community. The NCA is a form of public-private partnership tool to finance infrastructure and community amenities from a dedicated revenue stream without increasing general taxes. The Bridge Park NCA was established on March 19, 2015, via Ordinance 25-15 after a public hearing and petition by Crawford Hoying Development Partners. The area established in the original NCA Petition included Blocks A,B,C,D,F,G,H, and Z as detailed in the map included in Figure 1 below. The request to expand the area of the NCA is the first such request since the original petition was approved. If approved, all development blocks controlled by Crawford Hoying will be incorporated in the expanded NCA area. Office of the City Manager 5555 Perimeter Center • Dublin, OH 43017-1090 Phone: 614-410-4400 • Fax: 614-410-4490 Memo 7thNovember Respectfully submitted, CITY OF DUBLIN, OHIO, an Ohio municipal corporation wm SM \egoun OCaDlaghow Name: Mea sun O'CallaaHan Title: City Manager BP EXTENSION I ACQUISITION LLC, an Ohio limited liability company BP 4370 DALE DRIVE ACQUISITION LLC, an Ohio limited liability company BRIDGE PARK YBLOCK HOLDINGS LLC, an Ohio limited liability company 25217677v6 7thNovember TULLER RIDGE DRIVERIVERSIDE DRIVE BRIDGE PARK AVENUEDALE D R I V E RIVERSIDE CROSSING PARK SCIOTO RIVER LONGSHORE STREET MOONEY STREETJOHN SHIELDS PKWYBANKER DRIVEMOONEY WAYLARIMER STREETDALE D R I V E SR 161BANKER DRIVECOLW E L L S T R E E T STREE T GREE NBRIDGE PARK AVENUEDALE D R I V ETULLER RIDGE DRIVEN. HIGH STR E E T N. HIGH STREET N. RIVERVIEW STREET DRIVEINDIAN RUNE. BRIDGE STREETW. BRIDGE STREETTULLER ROADMOON E Y S T R E E T SCIOTO RIVER RIVERSID E D R I V E 273-013210 273-012738 273-012740 273-012739 273-013051 273-012668 273-013025 273-012999273-012942 - 273-012982 273-012704 273-012752 273-012660 273-012751 273-012754 273-013232 273-013052 273-012428 273-013215 273-012721 273-013029 273-012659273-012669273-012719 273-013214 273-012720273-013080273-013050 273-013053273-012723 273-012705273-012984273-013081273-013082273-013230 273-013231 273-0 1 2 7 5 5 273-012724 273-013 2 1 6 S. RIV E R V I E W S T R E E T NORTH STREETLON G SHO R E LOOPJOHN SHIELDS PKWYWATS O N S T R E E T 273-013054 - 273-013075 273-013423 -273-013508OFFICE/RESTAURANTPHASE 1 CONDOS GARAGE PHASE 2 CONDOS RESERVEHOTEL/CONDOS OFFICE BLOCK Y Parcel ID's TBD BLOCK J Parcel ID's TBD 273-013146 - 273-013188 1/1 2024-0817 November 6, 2025 DATEREVISIONSDATEDESCRIPTIONMARK SCALE JOB NO. SHEETCITY OF DUBLIN, FRANKLIN COUNTYEXHIBIT CFORBRIDGE PARKNEW COMMUNITY AUTHORITYGRAPHIC SCALE 0 1 inch = feet 75 150 300 150 1" =150'● ● ● Evans, Mechwart, Hambleton & Tilton, Inc.Engineers Surveyors Planners Scientists5500 New Albany Road, Columbus, OH 43054Phone: 614.775.4500 Toll Free: 888.775.3648emht.com Determining the Sufficiency of the Consent to Expand the Bridge Park New Community Authority November 12, 2025 Page 2 of 3 Figure 1 The New Community Authority is governed by a seven-member Board of Trustees with four members appointed by Dublin City Council and three appointed by the developer. Pursuant to provision in the related Revised Code the NCA has legal authority to acquire property, fund improvements, issue debt, and collect community development charges within the District. The NCA levies community development charges on certain types of businesses located with the NCA District. The current established charges include a 0.5% fee on restaurant and retail receipts and a 1% fee on hotel bills and assessed valuation-based charges on residential properties in the District. The revenue from the charges primarily fund debt service charges, programming, and long-term maintenance of facilities located in the Bridge Park District. The NCA charges are remitted to the County Auditor and distributed to the City for allocation to the corresponding developments within the Bridge Park District. The estimated revenue from these charges is expected to total $3.1 million in 2025. Resolution to Determine Sufficiency of Consent to Expand the NCA The written Consents add two development blocks to the NCA and allow for a modification of how developer members are appointed to the NCA. The J Block Development Agreement and Y Block Development Agreement provide, among other things, for the expansion of the territory of the Authority (the “District”) to include J Block and Y Block, as provided herein. All property owners including the Central Ohio Transit Authority, the City of Dublin, Crawford Hoying Development Partners, LLC, and development entities (LLCs) under control of Crawford Hoying have provided written consent for the addition of property to the District, including the properties labeled as J Block and Y Block. A copy of the written consent signed by all property owners has been included with the agenda item. The City and Developer have identified certain discrepancies between the real property identified in the Original Petition and the real property that has been developed within the District prior to the creation date of the NCA. These discrepancies resulted from the replatting/creation of new parcels and legal descriptions and land swaps among the City, the Developer, and its affiliates in connection Determining the Sufficiency of the Consent to Expand the Bridge Park New Community Authority November 12, 2025 Page 3 of 3 with the development of the District. All such properties were owned by the City, the Developer, or entities under common control with the Developer at the time of the Original Petition. For avoidance of doubt, the Developer will agree to amend the Original Petition to include all real property identified on Exhibit E of the Written Consent and Amendment, including but not limited to newly-created parcels described on Exhibit F of the that document, and the Developer confirms that it does not object to the addition of the parcels to the District. A map of the expanded District is provided in Figure 2 below and a full sized map has been included with the agenda item materials. Figure 2 Section 6 of the Original Petition provides that the Developer shall appoint three developer members (each, a “Developer Appointee”) to the Board of Trustees of the Authority (the “NCA Board”). Under Section 9.1 of the J Block Development Agreement, the Developer agreed that the City may assign the right to appoint one Developer Appointee to a third-party entity (the “Additional Developer”) developing property within the Bridge Street District (the “Additional Development Site”). The Developer hereby amends Section 6 of the Original Petition to provide that, upon the addition of the Additional Development Site to the District, and written notification by the City to the Developer and the Secretary of the NCA Board, the Developer shall have the right to appoint two Developer Appointees, and the Additional Developer designated by the City shall have the right to appoint one Developer Appointee. Resolution 63-25, determining that the consents to expansion of the Bridge Park New Community Authority comply with the requirements of the Ohio Revised Code and setting a hearing date has been placed on the November 17, 2025 Council agenda for approval. The sufficiency Resolution determines that the written consents provide by all property owners complies with Revised Code 349.03 and sets a date for a public hearing on the expansion of the NCA of December 8, 2025. If Council approves the Resolution a hearing will be held at the December 8, 20025 meeting in conjunction with the consideration of Ordinance 51-25 that approves the expansion and amends the method of selecting developer members of the NCA Board of Directors per the Consents. Recommendation Staff recommends that Council adopt Resolution 63-25 at the introduction/public hearing on November 17, 2025.