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Ordinance 034-15RECORD OF ORDINANCES Dayton Legal Blan Inc. Forth No. 30043 34 -15 Ordinance No. Passed _ . 20 , AN ORDINANCE AMENDING ORDINANCE NO. 57 -94 PASSED JUNE 20, 1994, AS SUBSEQUENTLY AMENDED, TO SUPPLEMENT THE PUBLIC IMPROVEMENTS TO BE MADE TO BENEFIT THE PARCELS IDENTIFIED IN THAT ORDINANCE. WHEREAS, pursuant to Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43, this Council passed Ordinance No. 57 -94 on June 20, 1994 (the "Original 77F Ordinancdo, and subsequently amended the Original TIF Ordinance by passage of Ordinance No. 62 -94 on June 27, 1994, Ordinance No. 44 -03 on April 21, 2003 and Ordinance No. 86 -08 on December 8, 2008 (the Original TIF Ordinance collectively with such amendments, the "TIF Ordinancd� thereby declaring improvements to parcels of certain real property located in the City (as described and depicted in the TIF Ordinance and referred to therein as the Property) to be a public purpose, exempting those improvements from real property taxation for a period of time, specifying public infrastructure improvements (as described in the TIF Ordinance and referred to therein as the Infrastructure Improvements) to be made to benefit those parcels, providing for the making of service payments in lieu of taxes (the "Service Paymen&o by the owner(s) thereof, and establishing a municipal public improvement tax increment equivalent fund into which those Service Payments were to be deposited; and WHEREAS, this Council desires to specify additional public infrastructure improvements that will directly benefit the Property; and WHEREAS, notice of this amendment to the TIF Ordinance has been timely delivered to the Dublin City School District and the Tolles Career and Technical Center in accordance with Ohio Revised Code Sections 5709.40 and 5709.83; NOW, THE FORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, of the elected members concurring, that: Section 1 . The public infrastructure improvements set forth in Exhibit B to the Original TIF Ordinance (as heretofore amended) and to be made or caused to be made by the City shall also include those public infrastructure improvements identified on ExHiBiT A attached hereto which the City hereby determines will directly benefit the Property. Section 2 . Except as provided herein, all other provisions of the TIF Ordinance shall remain in full force and effect and the City Manager and Director of Finance are directed to make such arrangements as are necessary and proper for collection of the Service Payments. Those City officials are further authorized to provide such information and to execute, certify or fumish such other documents, and to do all of the things as are necessary for and incidental to carrying out the provisions of this Ordinance. Section 3 . Pursuant to Section 5709.40 of the Ohio Revised Code, the Clerk of Council is hereby directed to deliver a copy of this Ordinance to the Director of the Development Services Agency of the State of Ohio within fifteen days after its passage. Section 4 . This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this Council and that all deliberations of this Council that resulted in those formal actions were in meetings open to the public in compliance with the law. RECORD OF ORDINANCES Dayton Lega Blank, Inc 34 -15 Ordinance No. Form No.30043 Page 2of2 Passed . 20 Section 5 . This Ordinance shall be in full force and effect on the earliest date permitted by law. j Officer Attest: j2jj�a� 0, 0"z Clerk of Council Passed: i l l a 2015 Effective: 7 , 2015 Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 -1090 City of Dublin Phone: 614 - 410 -4400 • Fax: 614- 410 -4490 To: Members of Dublin City Council From: Dana L. McDaniel, City M 700PI Date: April 30, 2015 Initiated By: Angel L. Mumma, Director of Finance Memo Re: Ordinance 34 -15 - Amending Ordinance 57 -94 passed June 20, 1994, as subsequently amended, to supplement the public improvements to be made to benefit the parcels identified in that Ordinance (McKitrick) Summary Ordinance No. 34 -15 provides for amendments to the existing legislation that established the McKitrick TIF district. The McKitrick TIF District was established in 1994 to provide a funding mechanism for the construction of Emerald Parkway Phase I and Phase II, connecting Dublin Road to Coffman Road. The construction of the roadway was a critical component of the incentive package assembled for Cardinal Health Inc. and Verizon, then Cellular One. In 2003, Council approved modifications to the McKitrick TIF (Ordinance No. 44 -03). The modifications provided for the implementation of a "non- school TIF" after the terms of the "straight TIP' expired and addition of Emerald Parkway from Riverside Drive to Sawmill Road to the description of the Public Improvements. This final phase of Emerald Parkway was constructed in 2014. In 2008, Council approved modifications, which permitted the public infrastructure improvements to include (1) the redirection of Post Road to Commerce Parkway; (2) the reconfiguration of the southbound lanes of Emerald Parkway at Post Road to include two left turn lanes; and (3) the reconfiguration of the lanes on Post Road to create two eastbound lanes and other related improvements. Service payments for Emerald Parkway Phase I converted from a "straight TIP' to a "non- school TIP' in tax year 2003. The service payments for Emerald Parkway Phase 2 converted to a " "non- school TIP' in tax year 2010. It will remain a "non - school TIP' until its expiration in 2024. Staff is currently proposing another amendment to the TIF, which will allow for the public infrastructure improvements to include the relocation of Riverside Drive, including improvements to the Riverside Drive/Tuller Road intersection as well as John Shields Parkway /Riverside Drive. This construction is anticipated to commence in late April /early May 2015. The required notice has been sent to the Dublin City School District and Tolles Career & Technical Center. Copies of Ordinance Nos. 86 -08, 44 -03, 62 -94 and 57 -94 as well as a TIF map are attached for reference. Recommendation Staff recommends that Council adopt Ordinance No. 34 -15 at the second reading /public hearing on May 18, 2015. ORDINANCE NO. 57 -94 AN ORDINANCE DECLARING IMPROVEMENTS TO A CERTAIN PARCEL OF REAL PROPERTY TO BE A PUBLIC PURPOSE, DESCRIBING THE PUBLIC INFRASTRUCTURE IMPROVEMENTS TO BE MADE TO BENEFIT THAT PARCEL, REQUIRING THE OWNERS THEREOF TO MAKE SERVICE PAYMENTS IN LIEU OF TAXES, AND ESTABLISHING A MUNICIPAL PUBLIC IMPROVEMENT TAX INCREMENT EQUIVALENT FUND, FOR THE DEPOSIT OF SUCH SERVICE PAYMENTS, AND DECLARING AN EMERGENCY. WHEREAS, Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43 provide that this Council may declare improvements to a parcel of real property located in the City to be a public purpose, thereby exempting those improvements from real property taxation for a period of time, specify public infrastructure improvements to be made to benefit that parcel, provide for the making of service payments in lieu of taxes by the owner thereof, and establish a municipal public improvement tax increment equivalent fund into which such service payments shall be deposited; and WHEREAS, a developer of office buildings (the Developer) intends to acquire certain real property located in the City, which property is described in Exhibit A hereto (the Property), and contemplates making improvements to the Property and this Council expects to make the public infrastructure improvements described in Exhibit B hereto, that once made would benefit the Property; and WHEREAS, the City has determined that it is necessary and appropriate and in the best interests of the City to provide for service payments in lieu of taxes with respect to the Property pursuant to Section 5709.42 of the Ohio Revised Code; and WHEREAS, notice of this proposed ordinance has been delivered to the Board of Education of each affected School District in accordance with Section 5709.40 of the Ohio Revised Code; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, Franklin, Union and Delaware Counties, Ohio, that: Section 1. Pursuant to and in accordance with the provisions of Ohio Revised Code Section 5709.40, this Council hereby finds and determines that 100% of the increase in true value of the Property subsequent to the effective date of this ordinance (which increase in true value is hereinafter referred to as the "Improvement" as defined in Section 5709.40) is a public purpose, and all of said Improvement is hereby declared to be a public purpose for a period of 30 years and exempt from taxation commencing on the date of passage of this ordinance and ending on the earlier of 30 years from such date or on the date on which the City can no longer require service payments in lieu of taxes under Sections 5709.40 and 5709.42 of the Revised Code, all in accordance with the requirements of said Sections 5709.40 and 4709.42. Section 2. The public infrastructure improvements set forth in Exhibit B hereto and to be made by the City are hereby designated as those public infrastructure improvements that Mllefll, or that once made wlii benefit, the Property (the Infrastructure Improvements). Section 3. As provided in Section 5709.42 of the Revised Code, the owner of the Improvement is hereby required to, and shall make, service payments in lieu of taxes to the County Treasurer on or before the final dates for payment of real property taxes, which service payments shall be deposited in the McKitrick Project Municipal Public Improvement Tax Increment Equivalent Fund established in Section 4 hereof. The Agreement between the City and the Developer, in the form presently on file with the Clerk of Council, providing for, among other things, the payment of such service payments, is hereby approved and authorized with changes therein not inconsistent with this ordinance and not substantially adverse to this City and which shall be approved by the City Manager and Director of Finance. The City Manager and Director of Finance, for and in the name of this City, are hereby authorized to execute that Agreement, provided further that the approval of changes thereto by those officials, and their character as not being substantially adverse to the City, shall be evidenced conclusively by their execution thereof. This Council further hereby authorizes and directs the City Manager, the Clerk of Council, the Director of Law, the Director of Finance, or other appropriate officers of the City, to make such arrangements as are necessary and proper for collection from the owner of said service payments in lieu of taxes. Section 4. This Council hereby establishes pursuant to and in accordance with the �` provisions of Section 5709.43 of the Ohio Revised Code, the McKitrick Project Municipal Public Improvement Tax Increment Equivalent Fund (the Fund), into which shall be deposited all of the service payments in lieu of taxes distributed to the City with respect to the Improvements on the Property by or on behalf of the County Treasurer as provided in Section 5709.42 of the Ohio Revised Code, and hereby provides that all of the moneys deposited in the Fund shall be used solely for the following purposes: (i) To pay the cost of constructing the Infrastructure Improvements; and (ii) To pay the interest on and principal of bonds or notes issued by the City in order to finance the Infrastructure Improvements until such notes or bonds are paid in full. The Fund shall remain in existence so long as such service payments are collected and used for the aforesaid purposes, after which said Fund shall be dissolved in accordance with said Section 5709.43. Section 5. Pursuant to Section 5709.40 of the Ohio Revised Code, the Clerk of this Council is hereby directed to deliver a copy of this ordinance to the Director of the Department of Development of the State of Ohio within fifteen days after its passage. On or before March 31 of each year that the exemption set forth in Section 1 hereof remains in effect, the Clerk or other authorized officer of this City shall prepare and submit to the Director of the Department of Development of the State of Ohio the status report required under Section 5709.40(D) of the Ohio Revised Code. Section 6. This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this ordinance were taken in an open meeting of this Council and that all deliberations of this Council that resulted in those formal actions were in meetings open to the public in compliance with the law. Section 7. This ordinance is declared to be an emergency measure necessary for the immediate preservation of the public peace, health, safety or welfare of this City and for the further reason that this ordinance is required to be immediately effective in order to provide for the funding for the Infrastructure Improvements so that the Infrastructure Improvements may be constructed as quickly as possible; thereby permitting the Improvement to be constructed as quickly as possible, providing necessary jobs and employment opportunities and improving the economic welfare of the people of the City; wherefore, this ordinance shall be in full force and effect immediately upon its passage. Signed: Passed: 0 D 1994 Effective: p 1994 k-4-4m residing Officer Attest: Clerk of Council I hereby certify that copies of this Ordinance /Reatuttarrwere posted in the City of Dublin in accordance with Section 731.25 of the Wo Revised Code. Clerk of Council, Dublin, Ohio -2- EXHIBIT A LEGAL DESCRIPTION OF PROPERTY TiFSC71Ft1c^. c•: ar F�.::.;::rE Tract r c: Jchn L. *;ci;j trier: et al . Situated in the State of Ohio, County of Franklin, tillage of Dublin, and _ being part of that same tract deeded by Luther C. Hitchell, Administrator, to John L. HcRitrick, as the same is shown of record in Deed Book 1089, page 485, Recorder's Office, Franklin County, State of Ohio, and being more fully described as follows: Commencin,g at a point 150.00' left of Station 751+02.90 of the centerline of survey for Interstate Route 270, Section 7.47 North, said point being on the -northerly limited access right of— way line for Interstate Route 270: thence, South 81 ° 06'28" West a distance of 13.27 feet to a railroad spike in the center State Route 745, said spike being the true point of beginning; thence, along the northerly limited access right —of —way line of Interstate Route 270 South 81 ° 0628" West a distance of 428.99 feet to an iron pin, set; thence, on said northerly limited access line, along a curve to the left having a radius of 7623.36 feet and a chord of 1360.45 feet bearing South 75 ° 59'19" West to an iron pin set, said iron pin being 150.00 feet left of Station 733 +25.18 Interstate Route 270, said iron pin being the southeasterly corner of a 72.702 acre tract deeded to John L. Mc1.itrick by deed recorded in Deed Book 3557, page 460, Franklin County Recorder's Office; thence. with the above 72.702 Acre Tract boundary the following seven courses: 1. 2. 3. 4. ° - ►M - i S. 6. 3 3._5 3Ac.r,- 7. )TT Q F 2�q thence, Jv BLI 1. r2 p 2. 3_ North 33 ° 33'27" East a distance of 75.35 feet to an iron pin North 70 ° 03'42" West a distance of 296:67 feet to an iron pin North 45 ° 48'12" West a distance of 205.53 feet to an iron pin North 05'37'19" East•a distance of 511.30 feet to an iron pin North 12'38'43" nest a distance of 205.92 feet to an iron pin North .53'41'54" West a distance of 204.66 feet to an iron pin North 39 ° 19'12" West a distance of 192.48 feet to an iron pin in the northeasterly corner of said 72.702 Acre Tract and in the south line of a tract of land deeded to Bonna B. Starkey by deed of record in Deed book 2561, page 166, Franklin County Recorder's Office; with the above Starkey tract boundary the following three courses: South 87'57'40" East a distance of 295.97 feet to a fence corner North 02'04'01" West-a distance of 755.95 feet to an iron pin North 88'26'48" East a distance of 1717.79 -feet to a railroad spike in the centerline Dhio State Route 745 (Dublin Bellepoint Road); CE'i.E: I1'TIf C`: OJI E 7L "+( f r y ? , C LL' 1. SU tT. ](`50'54'+ East a di stance o; 724.40% feei ic a 7a 1Ioa, �Llf :E 2. South )6 37'19'+ East a distance of 418.6/ fE Et to a ra11rOO6 sPi�CE 3. South 09 0 09'41" East a distance of 595.98 feet to the point of beginning, containing 83.373 acres more or less. Subject to all legal easements and rights- cf —way of record. The Plat of Survey is an - integral part of this description and shall not be separated from it. This description is based on a field survey wade by Dodson Lindblom Associates, Inc., Consulting Engineers, Columbus, Ohio. Robert D: McCoy Registered Surveyor No. 3283 June 18, 1983 DLScriPti i of a 71.967 .Sere Tract For John L. YcKitrick et ea. Situated in the State of Ohio, County of Franklin, tillage of Dublin, and bounded and described as follows: Being part of Virginia Military Surveys No. 2542 and 2543; also being part of Parcel 1 shown of record in Deed Book 2193, page 428 and Parcels 2 and 3 shown of record in Deed Book 2186, page 554 and 555, the aforementioned references being to a 22.179 Acre Tract and part of a certain 32.59 Acre Tract, shown of record in Deed Book 1106, page 444, and part of a certain 21 Acre Tract, shown of record as Parcel 2, in Deed Book 2193, page 428, and as Parcel 1 in Deed Book 2186, page 554, all of the aforementioned records being to the records of the Recorder's Office, Franklin County, Ohio and being more particularly described as follows: Beginning at a spike in the .centerline of Coffman Road, said spike being at the southwesterly corner of the aforementioned 22.179 -Acre Tract, said spike also being South 00'16' Jest a distance of 3,354.70 feet from the centerline of Brand Road; thence, North 0'16' Last along the westerly line of the aforementioned 22.179 Acre Tract and along the centerline of Coffman Road, a distance of 676.61 feet, to a point, said point being the southwesterly corner of a certain 30 foot strip conveyed to Bonns B. Starkey, by Deed of Record in Deed Book 2561, page 166; thence, North 85 ° 16' East along the southerly line of the aforementioned 30 foot strip passing an iron pin at 23.55 feet, a distance of 1,305.80 feet to a point, said point being southerly a distance of 30 feet fro= a stone post; thence, North 85 ° 49'18" East, and continuing along the southerly line of the aforementioned 30 foot strip, a distance of 895.37 feet to a point; thence. North 4 ° 10'42" West. a distance of 30.0 feet to a point in the northerly line of the aforementioned 32.59 Acre Tract, shown of as Parcel 1 in Deed Book 1106, page 444; thence, North 85 ° 49'18" East, passing a concrete post at 213.84 feet, mow a distance of 329.20 feet, to a point in the north fork of Indian Run and in the -easterly line of the aforementioned 32.59 Acre Tract; thence, South 42 °19' East, along the centerline of said north fork of Indian Run, a distance of 192.48 feet, to a point; thence, South 56'41'42" East, a distance of 204.66 feet, to a point in the centerline of said Run; thence, South 15'38'31" East, a distance of 205.92 feet to a point; thence, South 2'37'31" West,.a distance of 511.30 feet to an iron pin in the centerline of said Run; thE - 'ILE L:. ti{�ti�' =c i� c C1�TancE oJ 2 0 5. JT• the ccni e73 inf- o said 1:u^.; thence, South: 7-;'03'30" East, a distance of 296.67 feet tc. a Lr1E centerline of said Run; thence, South 30 ° 33'39" West, a distance of 75.35 feet to a point in the northerly right -of - way line of Interstate Route I -270; thence, with a curve to the left, having a radius of 7,623.36 feet, and along the northerly right -of -way line of Interstate Route 1 -270, the central angle being.5 ° 53'36" the chord to which bears South 64 ° 55'20" West, a chord distance of 784.79 feet to a point in the southerly line of the aforementioned 21 Acre Tract, shou-n of record as Parcel 2 in Deed Book 2193, page 428; thence, South 82'51'30" West and along the southerly line of said 21 Acre Tract, a dist..ance of 819.41 feet to an iron pin in the easterly line of a tract of land now or formerly owned by The Board of Education of the Washington Local School District; thence, North 23 ° 11 1 05" West a distance of 543.72 feet to an iron pin set in the southeasterly corner-of a 13.832 Acre Tract of .land now or formerly owned by Welcome Inn Farms, Inc.; thence, North 11'04' West along the easterly line of said 13.832 Acre Tract, a distance of 411.05 feet to an iron pin at the northeasterly corner of said 13.832 Acre Tract; thence, along the northerly line of said 13.832 Acre Tract South 85'10' West a distance of 1444.81 feet to the place of beginning, containing 71.967 acres more or less; subject to all legal rights-of-way. easements and restrictions of record. The Plat of Survey is an integral part of this description, and is not to be separated from it. 0 -108 -G C) - io "7 -J WASH, DUOLI l aRP. - Lz; 33 � � ZY 4' Robert D. McCoy .Registered Surveyor No. 5283 June 17, . 1983 Excepting therefrom the following described 21.284 acre tract: x x Situate in the State of Ohio, County of Franklin, Village of Dublin, being located in Virginia Military Survey No. 2543 and being part of the 71.967 acre tract conveyed to I -270 Investment Co., by deed of record in Official Record 03012 E -16, all refer- ences being to records in the Recorder's Office, Franklin County, Ohio, and bounded and described as follows: Beginning at an iron pin in the centerline. of Coffman Road at the northwesterly corner of said 71.967 acre tract, the south- westerly corner of that tract of land conveyed to Bona B. Stark- ey, by deed of record in Deed.Book 2561, Page 166; thence' North 85 16' 00' East, along the southerly line of said Bona B. Starkey tract, a distance of 1305.80 feet to an angle point in said line; thence North 85 49' 18' East, continuing along said south- erly line of the Bona B. Starkey tract, a distance of 5.51 feet to a point; thence South 11° 04' 00' East, a distance of 675.58 feet to a point at the northeasterly corner of the 13.832 acre tract conveyed to John W. McRitrick, et.al.(3), by deed of record in Official Record 02317 F -04; thence South 85 10' 00' West, along the northerly line of said 13.832 acre tract, a distance of 1444.81 feet to a railroad spike in the centerline of Coffman Road and being the northwest- erly corner of said 13.832 acre tract; thence North 0' 16' 00' East, elona said centerline of Coffman Road, a distance of 676.61 feet to the place of begin- ning, containing 21.284 acres, more or less. Subject, however, to all legal rights -of -way and /or ease- ments, if any, of previous record. i)tsc-lr•ticr, Of t 2.St. L.trL 7 *act r c- Jon-: L. ? ;cKitricI E: Situated in the State of Ohio, County of Franklin, Village cif Dublin, being part of Survey Number 2542, Vir ginia Military Lands, and being part of that same tract deeded to John L. Y,cKitrick, designated Second Parcel, by Geed recorded in Deed Book 1589, page 280, Recorder's Office, Franklin County, Ohic, and being more fully described as follows: Commencing at a railroad'spike in the centerline of Coffman Road at the southwesterly corner of a 71.967 acre tract of land now or formerly owned by John L. McKitrick et al., said spike being South DO °16' West 3,354.70 feet along the centerline of Coffman Road from the centerline of Brand Road; thence, North 85'10' East a distance of 1444.81 feet to an iron pin; thence, South 11 °04' East a distance of 411.05 feet to an iron pin; thence, South 23 ° 11'05" East a distance of 543.72 feet to an iron pin, said iron pin being the True Point of Beginning; thence, Korth 82 ° 51'30" East, along the southerly line of the above mentioned 71.967 acre tract, a distance of 819.41 feet to a point in the northerly limited access right -of way line of Interstate Route 270; thence, along the northerly limited access right- of -way line of Interstate Route 270 on a curve to the left having a radius of 7623.36 feet, a chord which bears South 58 °57'40" West a chord distance of 794.96 feet to the southeasterly s corner of a tract of land owned by The Board of Education of the Washington focal School District; _ C thence, Korth 23 ° 11'05" West, with the .easterly boundary of said board of Education tract, a distance of 335.08 feet to the True Point of be €inning, H containing 2.966 acres of land more or less, subject to all legal rights- of -kay, easements and restrictions of record. The Plat of Survey is an integral part of this description and is not to be separated from it. This description is based upon a field survey made by Dodson - Lindblom � r`,550Cia:es, i: C., 2S2 . CDC +!mbVS, O h io. n By' \ Robert D. Hc Registered Surveyor No. 5283 June 18, 1983 1 SOUTHERLY 23.669 ACRE TRACT Situate in the State of Ohio, County of Franklin, village of Dublin, being located in Virginia Military Survey Nos. 2542 and 2543 and being part of the 34.453 acre tract and Fart of the 15.532 acre tract conveyed to Board of Education of the*Washing- tcn Local School District, by deeds of record in Deed Book 2855, Page 68 and Deed Book 2855, Page 65, respectively, all references being to records in the Recorder's Office, Franklin County, Ohio, and hounded and deEcribed as follows: beginninc at a railroad spike -In the centerline of Coffman Road at a southwesterly corner of said 34.453 acre tract, the northwesterly corner of the 1.199 acre tract conveyed to E.L. Blankenship, by deed of record in Deed Book 3149, Page 493; thence North 15' 30' 33' East, along said centerline of Coffman Road, 131.41 feet to a point; thence South 82 5?' 42" East, 347.79 feet to a point of curvature of a curve to the left; thence along the arc of said curve ( Delte w 66' 01' O1 Radius - 800.0 feet), a chord bearing and distance of North 64- 05' 48" East, 871.62 feet to a point of tangency; thence North 31 05' 17' East, 760.00 feet to a point of curvature of a curve to the right; thence rlonc the rrc of said curve (Suh -Delta < 3 54' 39-, Radiur - 1400.0 feet), a chord bearing and distance of North 33 02' 37' Fast, 1 95.54 feet to an iron pin at the southeasterly corner of the 1:.F32 acre tract conveyed to John 1.. F cYitrici - , 1,1. deed of record ir: official T [12317 F - 04 anc. be i tic in the westerly line of the '71 .9(7 acre tract cnnvFV_ F to ? - 2.t• 2nvcstr1(nt Ca., h} c;FFr of reeorc 1r: Officis? Fecorc 0301: F -If ; thencf Sout? 23' 11' C'S' East, slang sEid westerly line cf the 71.967 acre tract ant the westerly line of the 2.96f acre tract conveyee to I -270 Irvestmer.t Ce., by deed of recorr� in Official Record 03012 F -06, a distance of S78-SO feet to an iron pin at the southwesterly s corner of said 2.966 acre tract and being in th riorthw i i i� , �ted wccess rig -of -wa line _ o,' Interstate Route 270; thence along said right -of -way line of Interstate Route 270, being the arc of a curve to the left (Sub -Delta - 12 $2' 08 ", RadiuF - 7623.36 feet), a chord bearing and distance of South 49 32' 26" Kest, 1708.63 feet to an iron pin at the southeasterly corner of *WILLOW GROVE OF DUBLIN CONDCWINIOF; HONES, PHASE 2 -F ", of record in Official Record 04758 A -08; Continued.... Page 2 - thence North 5' 5 33' nest, along the easterly line of said 'WILLOW GROVE OF DUBLIN CONDOMINIUM HONES, PHASES 2 - A, 2 - D, 2 -E and 2 -F, a distance of 657.57 feet to the northeasterly corner of 'WILLOW GROVE OF DUBLIN CONDOMINIUM HOMES, PHASE 2 -P.', of record in Official Record 03661 E -071 thence North 84. 22' 02' nest, along the northerly line of said Con6ominiur: and the northerly line of "WILLOW GROVE OF rUBLIN CONDOM -INIUY HOMES, . PHASE 2 - , of record in Official Record 04350" B -01, r distarce of 223.02 feet to an iron pin at the northeasterly corner of the F.L. Elenkenshir 1.199 acre tract; thence North 82 53' 42' West, along the northerly line of srid 1.199 acre tract, a distance of 367..00 feet to the place of beginning, containing 23.669 acres, more or less. �r • • • fr w � R i ! • � ! ! t • Continued.... Exhibit B: Description of Public Infrastructure Improvements MCKITRICK OFFICE BUILDING Public Improvements The public improvements consist of constructing all or a portion of a new east -west street to ultimately connect Coffman Road with Dublin Road, with that improvement extending approximately 3,000 lineal feet east from Coffman Road, from a point south of Dublin Coffman I1igh School. The public roadway improvements include three -lane pavement, curbs and gutters, a bridge/culvert crossing over the Indian Run at the eastern end of the street extension, street lighting, storm sewers, sanitary sewers, water mains, sidewalk and/or bikeways, and landscaping within the right -of -way. Also included are any necessary improvements to Coffman Road to connect the new street to existing pavement. In addition, the public improvements include design and other related costs, any required land acquisition needed for right -of -way, final plat preparation as required, erosion and sediment control measures, traffic control devices, grading and other related work, survey work, soil engineering for the public street, construction staking and all other matters and activities necessary and appurtenant to those public improvements. I Al .. June 27, 1994 (McKitnck Office Building Project TIF Amending Ordinance) ORDINANCE NO. 6. �, 94 AN ORDINANCE AMENDING ORDINANCE NO. 57 -94 PASSED JUNE 20, 1994 DECLARING IMPROVEMENTS TO A CERTAIN PARCEL OF REAL PROPERTY A PUBLIC PURPOSE TO ADJUST THE DESCRIPTION OF THE PUBLIC INFRASTRUCTURE IMPROVEMENTS TO BE MADE BY THE CITY TO BENEFIT THAT PARCEL, AND DECLARING AN EMERGENCY. WHEREAS, pursuant to Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43 this Council by Ordinance No. 57 -94 passed June 20, 1994 (the "TIF Ordinance ") declared certain improvements to a parcel of real property (the "Property ") located in the City to be a public purpose thereby exempting those improvements from real property taxation for a period of time, specified public infrastructure improvements to be made to benefit that parcel, provided for the making of service payments in lieu of taxes by the owner thereof, and established a municipal public improvement tax increment equivalent fund into which those service payments shall be deposited, all as to be further evidenced by a Tax Increment Financing Agreement (the "Agreement "), to be made and entered into between the City and the owner of the Property (the "Developer "); and WHEREAS, this Council desires to adjust the public infrastructure improvements specified in Exhibit B to the TIF Ordinance, to be made to benefit the Property, to be those public infrastructure improvements specified in Exhibit B to this proposed Ordinance; and WHEREAS, notice of this proposed ordinance has been delivered to the Board of Education of each affected School District in accordance with Section 5709.40 of the Ohio Revised Code; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, Franklin, Union and Delaware Counties, Ohio, that: Section 1. This Council hereby confirms the findings and determinations in the TIF Ordinance, pursuant to and in accordance with the provisions of Ohio Revised Code Section 5709.40, that 100% of the increase in true value of the Property subsequent to the effective date of the TIF Ordinance (which increase in true value is referred to as the "Improvement" as defined in Section 5709.40) is a public purpose, and that all of that Improvement is a public purpose for a period of 30 years and exempt from taxation commencing on the date of passage of the TIF Ordinance and ending on the earlier of 30 years from such date or on the date on which the City can no longer require service payments in lieu of taxes under Sections 5709.40 and 5709.42 of the Revised Code, all in accordance with the requirements of said Sections 5709.40 and 5709.42. Section 2. The public infrastructure improvements set forth in Exhibit B to the TIF Ordinance and to be made by the City are hereby amended to be those public infrastructure improvements provided in Exhibit B to this Ordinance, and those public infrastructure f . improvements specified in attached Exhibit B are designated as public infrastructure ;—rovemer_ts that benefit, or that once trade Kill benefit, the Pmperty and -I--' I and arc deemed to be the "Infrastructure Improvements" as defined in the TIF Ordinance. Section 3. Pursuant to Section 5709.40 of the Ohio Revised Code, the Clerk of this Council is hereby directed to deliver a copy of this ordinance to the Director of the Department of Development of the State of Ohio within fifteen days after its passage. On or before March 31 of each year that the exemption set forth in Section 1 hereof remains in effect, the Clerk or other authorized officer of this City shall prepare and submit to the Director of the Department of Development of the State of Ohio the status report required under Section 5709.40(D) of the Ohio Revised Code. Section 4. This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this ordinance were taken in an open meeting of this Council and that all deliberations of this Council that resulted in those formal actions were in meetings open to the public in compliance with the law. Section 5. This ordinance is declared to be an emergency measure necessary for the immediate preservation of the public peace, health, safety or welfare of this City and for the further reason that this ordinance is required to be immediately effective in order to provide for the funding for the Infrastructure Improvements so that the Infrastructure Improvements may be constructed as quickly as possible; thereby permitting the Improvement to be constructed as quickly as possible, providing necessary jobs and employment opportunities and improving the economic welfare of the people; wherefore, this ordinance shall be in full force and effect immediately upon its passage. .Ell 1. • E 1 • Attest: C Clerk of Council Passed: r / , 1994 Effective: , 1994 I Irerel *! ., �'S },, ca;, e> of 111'3 G'�•i nax "lgawi:i;� We podw in tho City of D:`.: ^ 'a a<<er!erce c :: 5e:i.an 131.25 of ft : o Rerised Code• Clerk of Coanal, Dublin, Ohio - 2 - EXHIBIT A LEGAL DESCRIPTION OF PROPERTY r lie�criptinr. c•i a^ £3.f73nCrE Tract Fr: John L. NO- itrick et al. Situated in the State of Ohio, County of Franklin, Village of Dublin, and being part of that same tract deeded by Lvther C. Mitchell, Administrator, to John L. McKitrick, as the same is shoran of record in Deed Book 1089, page 485, Recorder's Office, Franklin County, State of Ohio, and being more fully described as follows: Commencing at a point 150.00' left of Station 751+02.90 of the centerline of survey for Interstate Route 270, Section 7.47 North, said point being on the -northerly limited access rigbt- of -6-ay line for Interstate Route 270: thence, South 81•'06'28" West a distance. of 13.27 feet to a railroad spike in the center State Route 745. said spike being the true point of beginning; aw thence, along the northerly limited access rigbt- of-way line of Interstate Route 270 South 81'06'28" West a distance of 428.99 feet to an iron pin, set; thence, on said northerly limited access line, along a curve to the left having a radius of 7623.36 feet and a chord of 1360.45 feet bearing South 75 ° 59'19" West to as iron pin set. said iron pin being 150.00 feet left of Station 733 +25.18 Interstate Route 270, said iron pin being the southeasterly corner of a 72.702 acre tract deeded to John L. Mc%l trick by deed recorded in Deed Book 3557, page 460. Franklin County Recorder's Office; thence, with the above 72.702 Acre Tract boundary the following seven courses: I. North 33'33'27" East a distance of 75.35 feet to an iron pin 2. North 70 ° 03'42" West a distance of 296.67 feet to an iron pin 3. North 45'48'12" West a distance of 205.53 feet to an iron pin 0_'M 4. North 05'37'19" East•a distance of 511.30 feet to an iron pin _ i 5. North 12'38'43" West a distance of 205.92 feet to an iron pin J 6. North .53'41'54" West a distance of 204.66 feet to an iron pin 333 73A - 7. North 39'19'12" West a distance of 192.48 feet to an iron pin in the northeasterly corner of said 72.702 Acre Tract and in C) 1- the south line of a tract of land deeded to Sonna E. Starkey by deed of record in Deed Book 2561. page 166, Franklin County 2�� Recorder's Office; l� N. - thence, with the above Starkey tract boundary the following three courses: -YU BU lJ I. South 87'57'40" Fast a distance of 295.97 feet to a fence ( aP , P, corner 2. North 02'04'01" West•a distance of 755.95 feet to an iron pin 3. North 88'26'48" Fast a distance of 1717-79 -feet to a railroad �d3 • spike in the centerline of OMo State Route 745 (Dublin " Bellepoint Road); 1 !'�f7.t E �' ::. ii•i Ct:.t E71 ii1C C. . F.PUIE 74� 0,i fC�i1 QL 177F i:�r tE CC�L•7f C•S: 1. Scrut'. 1G`5U'S4" East a distance of 724.40 feet tC• a railroad Spike 2. South 16`37 East a distance of 418.67 feet to a railroad spike 3. South 09 0 09 1 41" East a distance of 595.98 feet to the point of beginning, containing 83.373 acres more or less. Subject to all legal easements and rights -of way of record. The Plat of Survey is an-integral part of this description and shall not be separated from it. This description is based on a field survey made by Dodson- Lindblom Associates, Inc.. Consulting Engineers, Columbus. Ohio. C $y • 'Robert D: McCoy Registered Surveyor No. 5283 June 18, 1983 12 urscrirtion of a 71.967 Acre Tract For John L. McKitrick et al. Situated in the State of Ohio, county of Franklin, Village of Dublin, and bounded and described as follows: Being part of Virginia Military Surveys No. 2542 and 2543; also being part of Parcel 1 shown of record in Deed Book 2193. page 428 and Parcels 2 and 3 shown of record in Deed Book 2186, page 554 and 555. the aforementioned references being to a 22.179 Acre Tract and part of a certain 32.59 Acre Tract. shown of record in Deed Book 1106, page 444, and part of a certain 21 Acre Tract, shown of record as Parcel 2. 3n Deed Book 2193. page 428, and as Parcel 1 In Deed Book 2186. page 554, all of the aforementioned records being to the records of the Recorder's Office, Franklin County, Ohio and being more particularly described as follows: Beginning at a spike in the centerline of Coffman Road. said spike being at the southwesterly corner of the aforementioned 22.179 Acre Tract. said spike also being South 00'16' West a distance of 3.354.70 feet from the centerline of Brand Road; thence. North 0'16' East along the westerly line of the aforementioned 22.179 Acre Tract and along the centerline of Coffman Road, a distance of 676.61 feet. to a point. said point being the southwesterly corner of a certain 30 foot strip conveyed to Sonna S. Starkey. by Deed of Record in Deed Book 2561. page 166; thence, North 85 0 16' East along the southerly line of the aforementioned 30 foot strip passing an iron pin at 23.55 feet, a distance of 1.305.80 feet to a point. said point being southerly a distance of 30 feet fro= a stone post; thence, North 85'49'18" East. and continuing along the southerly line of the aforementioned 30 foot strip, a distance of 895.37 feet to a point; thence. North 4'10'42" hest. a distance of 30.0 feet to a point in the northerly line of the aforementioned 32.59 Acre Tract. shown of• record as' Parcel I in Deed Book 1106. page 444; thence. North 85'49'18" East. passing a concrete post at 213.84 feet. a distance of 329.20 feet, to a point in the north fork of Indian Run and in the -easterly line of the aforementioned 32.59 Acre Tract; thence. South 42'19' East, along the centerline of said north fork of Indian Run, a distance of 192.48 feet. to a point; thence, South 56'41'42" East. a distance of 204.66 feet, to a point in the centerline of said Run; thence, South 15'38'31" East, a distance of 205.92 feet to a point; thence. South 2'37'31" West,.a distance of 511.30 feet to an iron pin in the centerline of said Run; AM, 0 .. IhtncL, FJut]. 4!'4E' EEL' , a distance of 20 .53 :Lt l, SC ar. j ?;• 7i tht cc—.I erl jnr of caj c l:u. thence, SOUti: 7:`03'30" East, a distance of 296.67 feet to a pint j:, t'r,E centerline of said Run; thence, South 30 0 33'39" West, a distance of 75.35 feet to a point in the northerly right- of -way line of Interstate Route I -270; thence, with a curve to the left, having a radius of 7,623.36 feet, and along the northerly right -of -way line of Interstate Route I -270 the central angle being.5 ° 53'36" the chord to which bears South 64 ° 55 1 20" West. a chord distance of 784.79 feet to a point in the southerly line of the aforementioned 21 Acre Tract, shown of record as Parcel 2 in Deed Book 2193, page 428; thence, South 82 ° 51'30" West and along the southerly line of said 21 Acre Tract, a distance of 819.41 feet to an iron pin in the easterly line of a tract of land mw or formerly owned by The Board of Education of the Washington Local School District; thence. ]worth 23 ° 11'05" West a distance of 543.72 feet to an iron pin set in the southeasterly corner. of a 13.832 Acre Tract of .land now or formerly owned by Welcome Inn Farms. Inc.; thence. Forth 11 West along the easterly line of said 13.832 Acre Tract, a distance of 411.05 feet to an iron pin at the northeasterly corner of said 13.832 Acre Tract; thence, along the northerly line of said 13.832 Acre Tract South 85 ° 10' West a distance of 1444.81 feet to the place of beginning. containing 71.967 acres more or less; subject to all legal rigbts- of -way. easements and restrictions of record. The Plat of Survey is an integral part of this description and is not to be separated from it. Robert D. "cCoy .Registered Surveyor No. 5283 June 17. • 1983 WAS44 . Dc1 OL W CORP. Excepting therefrom the following described 21.284 acre tract: . Situate in the State of Ohio, County of Franklin, Village of Dublin, being located in Virginia Military Survey No. 2543 and being part of the 71.967 acre tract conveyed to I -270 Investment Co., by deed of record in Official Record 03012 E -16, all'refer- ences being to records in the Recorder's Office, Franklin County, Ohio, and bounded and described as follows: Beginning at an iron pin in the centerline. of Coffman Road at the northwesterly corner of said 71.967'acre tract, the south- westerly corner of that tract of land conveyed to Bona B. Stark- ey, by deed of record in Deed.Book 2561, Page 166; thence North 85 16" 00' East, along the southerly line of said Bona B. Starkey tract, a distance of 1305.80 feet to an angle point in said line; thence North 85' 49' 18' East, continuing along said south- erly line of the Bona B. Starkey tract, a distance of 5.51 feet to a point; thence South 11' 04,' 00' East, a distance of 675.58 feet to a point at the northeasterly corner of the 13.832 acre tract conveyed to John W. llcRitrick, et.al.(3), by deed of record in Official Record 02317 F -04; thence South 85 10' 00' West, along the northerly line of said 13.832 acre tract, a distance of 1444.81 feet to a railroad spike in the centerline of Coffman Road and being the northwest- erly corner of said 13.832 acre tract; thence North 0' 16' 00' East, alono said centerline of Coffman Road, a distance of 676.61 feet to the place of begin- ning, containing 21.284 acres, more or less. Subject, however, to all legal rights -of -tray and /or ease- ments, if any, of previous record. i�tsrij: ion c•f r 2.9t( 'iac: Tor Jon-: L. X: :KJtricl: c: Situated in the State of Onio, County of Franklin, Village of Dublin, being part of Survey Number 2542, Virginia Military Lands, and being part of that same tract deeded to John L. McKitrick, designated Second Parcel, by deed recorded in Deed Book 1589, page 280, Recorder's Office, Franklin County, Ohio, and being more fully described as follows: Commencing at a railroad spike in the centerline of Coffman Road at the southwesterly corner of a 71.967 acre tract of land now or formerly owned by John L. McKitrick et al., said spike being South .00'16' West 3,354.70 feet along the centerline of Coffman Road from the centerline of Brand Road; thence, North 85'10' East a distance of 1444.81 feet to an iron pin; thence, South 11'04' East a distance of 411.05 feet to an iron pin; thence, South 23'11'05" Fast a distance of 543.72 feet to an iron pin, said iron pin being the True Point of Beginning; thence, North 82'51'30" East, along the southerly line of the above mentioned 71.967 acre tract, a distance of 819.41 feet to a point in the northerly limited access right- of-way line of Interstate Route 270; thence. along the northerly limited access right -of --way line of Interstate Route 270 on a curve to the left having a radius of 7623.36 feet, a chord which bears South 58'57'40" West a chord distance of 794.96 feet to the southeasterly )_'� corner of a tract of land owned by The 'Board of Education of the Wasbington focal School District; C) r.- ?6 thence. North 23'11'05" West, with the easterly boundary of said board of Education tract, a distance of 335.08 feet to the True Point of beginning 5 H containing 2.966 acres of land more or less, subject to all legal rights -of -way, easements and restrictions of record. 08L.I L) The Plat of Survey is an integral part of this description and is not to be separated from it. This description is based upon a field survey made by Dodson -- Lindblom Associates. Inc.. Consulting Engineers, Columbus. Ohio. By Robert D. McCoy Registered Surveyor No. 5283 June 18. 1983 1, SOUTHERLY 23.669 ACRE 4RACT Situate in the State of Ohio, County of Franklin, Village of Dublin, being located in Virginia Military Survey Nos. 2542 and 2543 and being part of the 34.453 acre tract and part of the 15.532 acre tract conveyed to Board of Education of the• ik°ashing- ten Local School District, by deeds of record in Deed Book 2655, Page 68 and Deed Book 2855, Page 65, respectively, all references being to records in the Recorder's Office, Franklin County, Ohio, and hounded and described as follows: beginning at a railroad spike -in the centerline of Coffman Road at a southwesterly corner of said 34.453 acre tract, the northwesterly corner of the 1.199 acre tract conveyed to E.L. Blankenship, by deed of record in Deed Book 3149 Page 493; thence North 15" 30' 33" East, along said centerline of Coffman Road, 131.41 feet to a points thence South 82" 53' 42" East, 347.79 feet to a point of r". curvature of a curve to the left; thence along the are of said curve (Delta w 66. O1' 01", Radius - 800.0 feet), a chord bearing and distance of Nortb 64" 05' 46" East, 871.62 feet to a point of tangency; thence North 31 05' 17" East, 760.00 feet to a point of curvature of a curve to the right; tt•ence along the arc of said curve (Sub -Delta r 3" $4' 39 ", RAdiuE - 3400.0 feet), a chord bearing and distance of North 33 02' 37" East, ?5.5' feet to an iron pin at the southeasterly corner of the 1:.P32 acre tract conveyed to Johr. t.. VcYltricl hl• deed of record in Official RErore 02317 F -04 and brint in the westerly line of the 71.9(7 acre tract cnnveVFr to I -;7t• lrrestrient Co., hl ePr-e of record` In Official Fecorc 0301: F -1 t thencl Soutt 23" 11' (`5' Last, along Erie westprly line of the 71.467 acre tract and the westerly line of the 2. °6f acre tract conveyer' to I -270 Irvestr^ent Cc., by deed of recare in official Record 03012 F -06, a distance of F U .R0 feet to an iron ... pin at the southwesterly scorner of said 2.966 acre tract and being in the northwest limited isccess right -of -wry line of Interstate Route 270; thence along said right -of -way line of Interstate Route 270, beino the are of a curve to the left (Sub -Delta a 12" 52' 08 RadiiuF - 7623.36 feet), a chord bearing and distance of South 44" 32' 26' West, 1708.63 feet to an iron pin at the southeasterly corner of "WILLOW GROVE OF DUBLIN CONDOMINIUM HOMES, PHAFF 2 -P", of record in Official Record 04758 A -08; Continued.... ..., `r Page 2 - thence North 5' 59' 33' west, along the easterly line of said 'WILLOW; GROVE OF DUBLIN CONDOMINIUM HONES, PHASES 2 -A, 2 -D, 2 -E and 2 -F, a distance of 657.57 feet to the northeasterly corner of 'WILLON GROVE OF DUBLIN CONDOMINIUM HONES, PHASE 2 -A', of record in Official Record 03661 B -071 thence North 84. 22' 02' West, along the northerly line of said Condominiuz< and the northerly line of } h-ILLOW GROVE OF nUBLIN CONDOMINIUM: HOMES,. PHASE 2 -P', of record in Official Record 04350' H -01, r distance of 223.02 feet to an iron pin at the northeasterly corner of the F.L. Blankenship 1.199 acre tract; thence North 82 53 42' Wiest, along the northerly line of said 1.199 acre tract, a distance of 367.00 feet to the place of beginning, containing 23.669 acres, more or less. r� Continued.... EXHIBIT B DESCRIPTION OF PUBLIC INFRASTRUCTURE IMPROVEMENTS „ «;err; M;_ r ;�;�_ «: -1ral :_► !�� vow w. Publolmpommu The pubrolo3provoomonto ooneiet of oonstrtctirAg4 or a portion of a new am - atreat to ooaoeat Coiiimaa Bond with DablmRaad. with that n�u+ mment S app =dmetdy 5,600 Hues( feat east am Coffman Road, ff= a point south efDubon Coil = gbh SdW to Dublin Road The public roadway kgmvm om htrbrde a ppm p sad Ste, s badgdanlvect aros=g war the Ind - Ibm at the eastem and of" atcn.t eo and my sheet atone Bessi% mnitary sewer. Wdac mabik aidm& and/or bnosvmn and hmdu qft within the rlglu-of-+ way, Abo iaciudad am mw ncoeasary bvwveamnas to CoE>9nan Road sad Dublin Road to oonowt the sew strut to aximg pavrmmt. In addkkm. the pub& imptoveunenta incdade design and other related costa, my required l acquidam needed for ask-of- way. &d Plat prqmxbm as requh* eroa m std sedm g oo,,&d m=ue,, tl& oamRrol dowel , gradigg and other related work smvey wusiy eon =&mhv for the p *rw sue, conanctim staking aad all other matters sad eaavities aecemy and Wrtenm to those PubHo Via. low CtSLI AN = v lu NEWS PROOF OF PUBLICATION August 11, 1994 CITY OF DUBLIN ATTN: FINANCE DIRECTOR 6665 COFFMAN ROAD DUBLIN OH 43017 STATE OF OHIO ] COUNTY OF FRANKLIN Being duly sworn, Karen Mazzone says as follows: �ai5257S�crRd. P O. Box 29912 blumhus, OR 43229 I hereby certify that the advertising copy /copies of %MWi14)785 -1212 which being hereto attached was published in: Westerville Office: THE DUBLIN NEWS 130 Graphic Way Westerville, OR 43081 (614)882 -2244 a Suburban News Publication on: East Office 07/20/94 1 -40 INCH AD @ 288.00 1415D S. Hamilton Rd 07/27/94 1 -7 INCH AD @ 50.40 Columbus, OR 43227 (614)237 -2500 Canal Winchester: 24 N. High St. P.O. Box 184 Canal Winchester, OH 43110 (614) 837 -3441 Hilliard Office: 5314 Center St. P.O. Box 56 Hilliard, OH 43026 (614 )876 -5607 �rr and circulated generally in the city of DUBLIN and Franklin County, Ohio. Karen zzone Sworn to and subscribed in my presence this 11th day of August, 1994. Notary Public, Franklin County, Oh o STEVEN E. SCHW i t ViRFS aar nuut"M r APRIL . 19H RECORD OF ORDINANCES 1- Ordinance No. 44-03 (Amende Passed 20 AN ORDINANCE AMENDING ORDINANCE NO. 57-94 PASSED JUNE 20, 1994, AS AMENDED BY ORDINANCE NO. 62 -94 PASSED JUNE 27, 1994, TO SUPPLEMENT THE PUBLIC IMPROVEMENTS TO BE MADE TO BENEFIT THE PARCELS IDENTIFIED IN THAT ORDINANCE AND PROVIDE FOR PAYMENT OF A PORTION OF THE SERVICE PAYMENTS RECEIVED TO THE DUBLIN CITY SCHOOL DISTRICT. WHEREAS, pursuant to Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43, this Council on June 20, 1994 passed Ordinance No. 57 -94 and amended such ordinance by its Ordinance No. 62 -94 passed on June 27, 1994 (collectively and as amended, the TIF Ordinance) thereby declaring improvements to parcels of certain real property located in the City (as described and depicted in the TIF Ordinance and referred to therein as the Property) to be a public purpose, exempting those improvements from real property taxation for a period of time, specifying public infrastructure improvements (as described in the TIF Ordinance and referred to therein as the Infrastructure Improvements) to be made to benefit those parcels, providing for the making of service payments in lieu of taxes (the Service Payments) by the owner(s) thereof, and establishing a municipal public improvement tax increment equivalent fund (the Fund) into which those Service Payments were to be deposited; and WHEREAS, this Council desires to specify additional public infrastructure improvements benefiting those parcels and provide for payments to the Dublin City School District out of those Service Payments; and WHEREAS, notice of this amendment to the TIF Ordinance has been timely delivered to the Dublin City School District and the Central Ohio Joint Vocational School District in accordance with Ohio Revised Code Section 5709.83; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, Delaware, Franklin and Union Counties, Ohio, —s6 of the elected members concurring that: Section 1 . Section 1 of the TIF Ordinance is hereby amended to provide as follows: "Section 1. Pursuant to and in accordance with the provisions of Ohio Revised Code Section 5709.40, this Council hereby finds and determines that 100% of the increase in true value of the Property subsequent to the effective date of this ordinance (which increase in true value is hereinafter referred to as the "Improvement" as defined in Section 5709.40) is a public purpose, and all of said Improvement is hereby declared to be a public purpose for a period of 30 years and exempt from taxation commencing on the date of passage of this ordinance and ending on the earlier of 30 years from such date or on the date o n w hich t he C ity c an n o t onger r equire service p ayments i n l ieu o f taxes u rider Section 5709.40 and 5709.42 of the Revised Code, all in accordance with the requirements of said Sections 5709.40 and 5709.42. The indicated portion of those service payments in lieu of taxes shall be distributed to the Dublin City School District as follows: (i) Commencing with tax year 2003 (collection year 2004), the City shall distribute to the Dublin City School District from the service payments in lieu of taxes received from the Headquarters Building (located on parcel 273 -007487) amounts equal to the amounts that School District would otherwise receive as real property tax payments derived from the Headquarters Building Improvements absent the passage of this Ordinance. (ii) Commencing with the tax collection year next following the year in which the City Director of Finance certifies in writing that the City has been fully reimbursed out of the service payments in lieu of taxes for all costs of the Phase I and Phase H Public Improvements including any debt service on bonds or notes issued to finance the costs of those Public Improvements and any other costs of permanent improvements as defined in Ohio Revised Code Section 133.15(B), Ohio, the Franklin County Treasurer shall distribute to the Dublin City School District from those payments in lieu of taxes provided for in Section 3 of this Ordinance, and at the same time and in the same manner as real property tax payments, amounts equal to the amounts that School District would otherwise receive as real property tax payments derived from the Improvement absent the passage of this Ordinance. The remaining RECORD OF ORDINANCES Ordinance No. 44 -03 (amend edl Passed Page 2. monies shall be deposited into the Fund and used for the purposes set forth in Section 3 of this Ordinance. Reference is made to that certain Tax Increment Financing and Economic Development Agreement dated as of June 30, 1995 between The Alter Group Ltd., New Par and the City (the Alter Agreement). Capitalized terms not otherwise defined herein have the meanings given in the Alter Agreement. " Se ction 2. Existing Section 1 of the TIF Ordinance is hereby repealed. Section 3 . The public infrastructure improvements set forth in Exhibit B to the TIF Ordinance and to be made or caused to be made by the City shall also include (i) extending and improving Emerald Parkway east of the River to its terminus by widening, grading, draining, curbing and paving, together with all necessary appurtenances, and acquiring real estate and interests in real estate therefore, and (ii) acquiring real estate for parks and recreational purposes, which benefits, or that once made will benefit, the Property (as defined in the TIF Ordinance). Section 4 . Except as provided herein, all other provisions of the TIF Ordinance shall remain in full force and effect and the City Manager and Director of Finance are directed to make such arrangements as are necessary and proper for collection of the Service Payments. The City Manager and the Director of Finance are authorized to prepare or cause to be prepared and to submit to this Council for approval (a) any agreement between the City and the Dublin City School District necessary to implement clause (i) of Section 1 of the TIF Ordinance as amended, and (b)any amendments or supplements to the Alter Agreement and that certain Tax Increment Financing and Economic Development Agreement among the City, Whitmire Distribution Corporation and Cardinal Health, Inc. dated June 30, 1995, which amendments or supplements may be in the form of a separate agreement, and providing for the payment of further costs of the Public Infrastructure Improvement permitted and contemplated by this Ordinance. Those City officials are further authorized to provide such information and to execute, certify or furnish such other documents, and to do all of the things as are necessary for and incidental to carrying out the provisions of this Ordinance. Section 5 . Pursuant to Section 5709.40 of the Ohio Revised Code, the Clerk of Council is hereby directed to deliver a copy of this Ordinance to the Director of the Department of Development of the State of Ohio within fifteen days after its passage. Section 6 . This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this Council and that all deliberations of this Council that resulted in those formal actions were in meetings open to the public in compliance with the law. Section T This Ordinance shall be in full force and effect on the earliest date permitted bylaw. Signed: - Presiding Officer Attest: Clerk of Council Passed: / , 2003 Effective: , 2003 I hereby certify that copies of thi:" Ordinance/Resolution were posted in th' City of Dublin in accordance with Section 731.25 of the Ohio Revised Code. agaciEpf Council, Dublin, Ohio CITY 4F DUBLIN Director of Finance 5200 Emerald Parkway - Dublin, OH 43017 Phone: 614 -410 -4400 - Fax: 614 -410 -4490 To: Members of Dublin City Council From: Jane S. Brautigam, City Manager�� is. Date: April 14, 2003 Initiated By: Marsha I. Grigsby, Director of Finance ` Memo Re: Ordinance No. 44 -03, An Ordinance Amending Ordinance No. 57 -94 As Amended by Ordinance No. 62 -94 (McKitrick Tax Increment Financing (TIF) District) SUMMARY: As mentioned at the April 7, 2003 City Council meeting, Ordinance No. 44 -03 has been amended to clarify the timing associated with the implementation of a "non- school TIF" after the terms of the "straight TIF" expire. The implementation of a "non - school TIF" will be based on the City's reimbursement of the Phase I and Phase II public improvements. Section 1 has been amended to distinguish between the timing associated with the two (2) phases. The City will be reimbursed for the Phase I improvements after the service payments for tax year 2002 have been received in 2003. The added language identifies that the "non- school TIF" will be implemented for the parcel associated with the Phase I improvements commencing with tax year 2003. A "red - lined" copy of the Ordinance is also attached for reference. RECOMMENDATION: It is recommended the Ordinance No. 44 -03, as amended, be adopted by City Council at the second reading on April 21, 2003. T:\2003 \034 -0RD -044 -03 MEMO- Amend.doc CITY OF DUBLIN Director of Finance 5200 Emerald Parkway • Dublin, OH 43017 Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490 To: Members of Dublin City Council From: Jane S. Brautigam, City Manager. A Date: April 2, 2003 Initiated By: Marsha I. Grigsby, Director of Finance Memo Re: Ordinance No. 44 -03, An Ordinance Amending Ordinance No. 57 -94 As Amended by Ordinance No. 62 -94 (McKitrick Tax Increment Financing (TIF) District) SUMMARY: Ordinance No. 44 -03 provides for amendments to the existing legislation that established the McKitrick TIF District. The McKitrick TIF District was established in 1994 to provide a funding mechanism for the construction of Emerald Parkway Phase I and Phase II, connecting Dublin Road to Coffinan Road. The construction of the roadway was a critical component of the incentive package assembled for Cardinal Health Inc. and Verizon, then Cellular One. The modifications proposed by Ordinance No. 44 -03 provide for the implementation of a "non- school TIF" after the terms of the "straight TIF" expire and the addition of Emerald Parkway from Riverside Drive to Sawmill Road to the Description of the Public Improvements. These modifications will extend the period of time that service payments will be received and allow the service payments that will be received from the "non - school TIF" to be utilized for costs related to the construction of Emerald Parkway east of Riverside Drive, including acquisition and design costs. The construction of Emerald Parkway from Riverside Drive to Hard Road is not currently in the City's five -year Capital Improvements Program and the portion of Emerald Parkway from Hard Road to Sawmill Road will be development driven and may occur in the near future. Modifying the existing legislation will allow the City to begin collecting and reserving the service payments from the "non- school TIF" for the future construction of this roadway as identified in the City's Thorough Fare Plan. The existing TIF is separated based on Phase I and Phase II improvements as identified in the TIF Agreements executed in 1995. The City will be reimbursed for the Phase I improvements, the first 2,000 feet of Emerald Parkway east of Coffman Road, at the end of 2003. Ordinance No. 44 -03 will allow the City to continue receiving service payments in 2004 based on the non - school district millage and reserve those funds for the future project. It is currently estimated that the City will be reimbursed for the Emerald Phase II improvements at the end of 2009. Based on current building values and millages, the Phase I non - school TIF will generate approximately $140,000 per year in service payments and the Phase II non - school TIF will generate approximately $560,000 per year in service payments. Very preliminary estimates for the construction of the roadway are $12 million. We also anticipate a future TIF district will be established for the commercial property along the new roadway. Memorandum April 2, 2003 Page Two The modification of the TIF district and the reservation of the service payments from the non - school TIF do not result in any obligation to initiate the construction of Emerald Parkway east of Riverside within a certain period of time. The required notice has been sent to the Dublin City School District and the Central Ohio Joint Vocational School District. We have also discussed the modifications with Cardinal Health and the owners of two Verizon Buildings. The construction of Emerald Parkway east of Riverside Drive is an important future roadway for the City. With Cardinal Health's potential for future expansion it will be important to begin planning for the construction of this roadway. RECOMMENDATION: It is recommended that Ordinance No. 44 -03 be adopted at the public hearing scheduled for April 21, 2003. T:\2003W30 -ORD -044 -03 MEMO.doc T6PNab ® RWWTP - mmav - nomn Prepared by the CQy of NO Dhslon of Nwnom Technology GwpP Ldlaf Mm December 2002 1.Pe WENT U` UPPERMff110 PUNS LFERRIMCENM 11 SIVIVFQ1111M f. bETATEC /T. P(ONBmvwpLp=owm @0R I. RUFm 13 WOeRNMTPAiTe 6./DPl ®TEpNC1A0Y N TNCYA11m19H1 a LkglRlpt to OW REALTY MYF1ET1 W T eUBM8YW= WROMiDRDAD 1.0001®IRMTAURWM 17 CARDNALNFN.IN -GC CMWF VAELO WI S&RM61IN WT AGAMPUS fF.NIBT MOUSILNPAMM N City of Dublin 3500 7000 Parcels 0 1 iF T6PNab ® RWWTP - mmav - nomn Prepared by the CQy of NO Dhslon of Nwnom Technology GwpP Ldlaf Mm December 2002 RECORD OF ORDINANCES 86 -08 Ordinance No. Passed 20 AN ORDINANCE AMENDING ORDINANCE NO. 57-94 PASSED JUNE 20,1994, AS SUBSEQUENTLY AMENDED, TO SUPPLEMENT THE PUBLIC IMPROVEMENTS TO BE MADE TO BENEFIT THE PARCELS IDENTIFIED IN THAT ORDINANCE (MCKITRICK). WHEREAS, pursuant to Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43, this Council on June 20, 1994 passed Ordinance No. 57 -94, as amended by Ordinance No. 62 -94 passed on June 27, 1994 and Ordinance No. 44 -03 passed on April 21, 2003 (collectively and as amended, the "TIF Ordinance ") thereby declaring improvements to parcels of certain real property located in the City (as described and depicted in the TIF Ordinance and referred to therein as the Property) to be a public purpose, exempting those improvements from real property taxation for a period of time, specifying public infrastructure improvements (as described in the TIF Ordinance and referred to therein as the Infrastructure Improvements) to be made to benefit those parcels, providing for the making of service payments in lieu of taxes (the "Service Payments ") by the owner(s) thereof, and establishing a municipal public improvement tax increment equivalent fund (the "Fund") into which those Service Payments were to be deposited; and WHEREAS, this Council desires to specify additional public infrastructure improvements benefiting those parcels; and WHEREAS, notice of this amendment to the TIF Ordinance has been timely delivered to the Dublin City School District and the Tolles Career & Technical Center in accordance with Ohio Revised Code Sections 5709.40 and 5709.83; NOW, THEREFORE, BE IT ORDAINED b the Council of the City of Dublin, Delaware, Franklin and Union Counties, Ohio, of the elected members concurring, that: Section 1 . The public infrastructure improvements set forth in Exhibit B to the TIF Ordinance and to be made or caused to be made by the City shall also include (a) the redirection of Post Road to Commerce Parkway (b) the reconfiguration of the southbound lanes of Emerald Parkway at Post Road to include two left turn lanes and (c) the reconfiguration of the lanes on Post Road to create two eastbound lanes, together with all necessary appurtenances thereto, which improvements will benefit the Property (as defined in the TIF Ordinance). Section 2 . Except as provided herein, all other provisions of the TIF Ordinance shall remain in full force and effect and the City Manager and Director of Finance are directed to make such arrangements as are necessary and proper for collection of the Service Payments. Those City officials are further authorized to provide such information and to execute, certify or finnish such other documents, and to do all of the things as are necessary for and incidental to carrying out the provisions of this Ordinance. Section 3 . Pursuant to Section 5709.40 of the Ohio Revised Code, the Clerk of Council is hereby directed to deliver a copy of this Ordinance to the Director of the Department of Development of the State of Ohio within fifteen days after its passage. Section 4 . This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this Council and that all deliberations of this Council that resulted in those formal actions were in meetings open to the public in compliance with the law. RECORD OF ORDINANCES Davmn Legal Blank, In Ordinance No. 86 -08 Passed Page 2 20 Section 5 . This Ordinance shall be in full force and effect on the earliest date permitted by law. i gned: Mayor - Presiding Officer Attest: Clerk of Council Passedl e-O—CkKkC✓ J 2008 Effective: Q.h 200? CITY OF DUBLIN,. Office of the City Manager 5200 Emerald Parkway • Dublin, 01-143017-1090 Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490 TO: Members of Dublin City Council FROM: Marsha I. Grigsby, Interim City Manager DATE: December 4, 2008 Memo INITIATED BY: Bryan K. Thurman, Deputy Director of Finance Summary RE: Ordinance No. 86 -08, Amending Ordinance 57 -94 as Amended by Ordinance 62 -94 and Ordinance 44 -03 to Supplement Public Improvements (McKitrick TIF District) As indicated in the previous staff memo, Ordinance 86 -08 provides for amendments to the existing legislation that established the McKitrick TIF District. At the first reading of the legislation, a concern was expressed about the deferral of property tax for Tolles Career & Technical Center (Tolles). Additional information was also requested on funding sources for Tolles. It is important to note that because of concerns that had been expressed by Tolles about TIFs in the past, City staff met with Carl Berg, Superintendent and Steven Hull, Principal in addition to sending Tolles the required notice required by Ohio law. During that discussion, it seemed that Tolles was concerned about the use of the term "non- school" TIF. Because they are a school district, they believe use of that term would not be accurate. Staff expressed the City's desire to work with Tolles on potential alternatives when future TIF districts are established. The following websites were utilized to obtain information: Franklin County Auditor, Ohio Auditor of State, Dublin City Schools and Tolles. Although some limited financial information was received from Tolles for the fiscal year ended June 30, 2008, the financial data used was from their last audited financial statement, which was for the fiscal year ended June 30, 2007. Tolles includes the following seven school districts: Dublin City Schools Fairbanks Local Schools Hilliard City Schools Jefferson Local Schools Jonathan Alder Schools London City Schools Madison Plains Local Schools Services provided by Tolles include instruction, support services, operation and maintenance, student transportation and extracurricular activities. These services are primarily funded by property tax revenues and from intergovernmental revenues, including federal and state grants and other shared revenues. Memo to Council re Ordinance 86 -08- TIP Agreement (McKitrick) December 4, 2008 Page 2 Similar to the City, their General Fund is Tolles' most significant fund. For their fiscal year ended June 30, 2007, their cash basis General Fund revenues totaled $8,381,784.00. Property tax revenues are only credited to the General Fund and totaled $5,274,733.00 or approximately 63 percent of the Fund's total revenues. The property tax revenues for Tolles' fiscal year ended June 30, 2008 increased to $7,461,374.00 or approximately 65 percent of Tolles' General Fund revenues, due to their millage collection rate increase from .5 mills to 1.3 mills for tax year 2006, collected and distributed in March and August of 2007. Per Tolles' June 30, 2007 financial report, their total assessed value for tax year 2006 was $6,434,630,942.00. The City of Dublin's total assessed value for tax year 2006 was $1,920,898,766.00 or approximately 30 percent of Tolles' total assessed valuation. Based on their reported General Fund tax revenue of $5,274,733.00 and the fact that the City's assessed valuation is approximately 30 percent of Tolles' total valuation, it is estimated that 30 percent or $1,582,420.00 of the total property tax revenue received by Tolles for fiscal year ended June 30, 2007 would have been generated by property within the City of Dublin. Based on discussions with their Treasurer, it was learned that 55 of Tolles' total enrollment of 585 are students from the Dublin City School District. It is not known whether these students are located within the corporate limits of Dublin; however, according to the Dublin City Schools, 59.9 percent of their high school enrollment are students who live in the City of Dublin. Using this percentage, approximately 33 students enrolled at Tolles would be from within the Dublin corporate limits. This is roughly 6 percent of Tolles' total enrollment. Staff recognizes the valuable educational opportunities provided by Tolles for Dublin and the surrounding area and will continue discussions regarding potential future partnerships. Based on Dublin's strong property tax base, the City provides approximately 30 percent of the property tax revenue received by Tolles while having an estimated six percent of the students. Recommendation Staff recommends that Ordinance 84 -08 be adopted at its second reading /public hearing on December 8, 2008. Ctrl DR DUBLIN Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490 To: Members of Dublin City Council From: Marsha I. Grigsby, Interim City Manager Date: November 13, 2008 Initiated By: Bryan K. Thunman, Deputy Director of Finance Memo Re: Ordinance 86 -08, Amending Ordinance 57 -94 as Amended by Ordinance 62 -94 and Ordinance 44 -03 fMcKitrick Tax Increment Financing (TIF) District] Summary Ordinance 86 -08 provides for an additional amendment to the McKitrick TIF District legislation. The modifications in Ordinance 44 -03 provided for the implementation of a "non- school" TIF after the terms of the "straight" TIF expire and the addition of Emerald Parkway from Riverside Drive to Sawmill Road to the Description of the Public Improvements. The McKitrick TIE District was established in 1994 to provide a funding mechanism for the construction of Emerald Parkway Phase I and Phase II, connecting Dublin Road to Coffman Road. The construction of the roadway was a critical component of the incentive package assembled for Cardinal Health, Inc. and Verizon, then Cellular One. The modifications proposed by Ordinance 86 -08 provide for public improvements in addition to those included in Ordinance 44 -03. The additional improvements include: (1) the redirection of Post Road to Commerce Parkway; (2) the reconfiguration of the southbound lanes of Emerald Parkway at Post Road to include two left turn lanes; and (3) the reconfiguration of the lanes on Post Road to create two eastbound lanes and other related improvements (as defined in the TIF Ordinance). These improvements are needed as a result of Cardinal's current expansion project. The required notices have been sent to the Dublin City School District and the Tolles Career & Technical Center and we have met with both jurisdictions to discuss the legislation. Based on current building values and millage, the "non- school" TIF will generate approximately S1,130,000 annually in service payments. These service payments will be utilized for Emerald Parkway Phases 5 and 8 and the additional improvements identified in this Ordinance. Service payments for Emerald Parkway Phase I converted from a "straight" TIE to a "non - school" TIF in tax year 2003. We are currently estimating the service payments from Emerald Parkway Phase 2 will convert to a "non- school" TIE in tax year 2009. As you are aware, other governmental jurisdictions are impacted by the establishment of TIF districts. In Franklin County, several agencies have operating levies. For those agencies, the McKitrick TIF will result in the following estimated property tax deferrals: Memorandum re Ordinance 86 -08, TIF - McKitrick November 13, 2008 Page Two • Children's Services $166,200 • ADAMH 81,600 • MRDD 220,000 • Metro Parks 20,200 • Zoo 26,800 • Office on Aging 33,400 • Library 43,500 It is important to keep in mind how these dollars compare to the overall tax revenue collected by these agencies. The total assessed valuation for all of the City's established TIF districts is $371.7 million, less than one and one -half percent of Franklin County's total assessed valuation. The construction of Emerald Parkway has benefited the community and the region by providing an alternative to traveling on I -270 and it has improved traveling in Dublin that benefits all jurisdictions. Washington Township has several operating levies for fire and EMS services. The total additional revenue deferred for these levies is approximately $359,000. The revenue from inside millage is deferred as well. Outside of the School District, the City's impact is the highest at approximately $76,900. The property tax deferred for Tolles Career & Technical Center is approximately $48,200. The City's ability to continue investing in public infrastructure improvements has been a key component of our economic success. TIFs have been a valuable tool in providing funding for these investments. As of the end of 2007, the City has invested in excess of S79 million in public infrastructure utilizing service payments from TIE districts to fund the improvements over time. A map of the City's existing TIF districts is attached, as well as the May 27, 2008 memo addressing the proposed TIF legislation. Recommendation Staff recommends that Ordinance 86 -08 be adopted at the second reading/public hearing scheduled for December 8, 2008. Marsha 1. Grigsby, Deputy City Manager /Director of Finance 5200 Emerald Parkway • Dublin, OH 43017 Phone: 614 - 4104400 • Fax: 614 - 4104490 CITY OF DUBLIN To: Jane S. Brautigam, City Manager From: Marsha I. Grigsby, Deputy City Manager /Director of Finance Date: May 27, 2008 Re: Modifications of Existing Tax Increment Financing (TIF) Districts and Additional TIF Districts Existino TIF Districts Memo As you are aware, the City has been able to aggressively fund public infrastructure improvements, in part, through the use of TIFs. As part of administering and annually updating the Capital Improvements Program the TIF districts are reviewed for their ability to fund public infrastructure improvements. As part of this review and discussions related to the public infrastructure improvements needed for the Cardinal Health, Inc. (Cardinal) expansion and the City's desire to widen US 33 /SR 161 from 1 -270 to the Post Road interchange, staff plans to submit legislation to City Council in the near future to amend the legislation that established the following TIF districts: McKitrick; Embassy Suites; Cooker Restaurant and Lees Inn. McKitrick TIF The construction of Cardinal's West Campus building triggered the need for additional public infrastructure, specifically, improvements on existing Emerald Parkway at the entrances to their facilities, the redirection of Post Road at Commerce Parkway, and the reconfiguration of traffic lanes at the intersection of Emerald Parkway and Post Road. See the attached letter to Cardinal from the City. Based on conversations with Chris Franzman from Squire, Sanders & Dempsey, the City's bond counsel, it has been determined that for clarification purposes we need to modify the existing legislation to specifically identify the improvements at Post Road and Commerce Parkway and the reconfiguration of the traffic lanes as public infrastructure improvements allowable to be funded by the TIF district. For update purposes, the debt that was issued for Emerald Parkway — Phase 1 has been retired and the final debt payment for Phase 2 will be made in 2016. Service payments from the existing Cardinal building and the building currently under construction will generate sufficient revenue to retire the annual debt service obligation remaining for Phase 2 and the current estimated annual debt service obligations for Phase 8, Riverside Drive to just north of Bright Road. The estimated funding needed for the Post Road /Commerce Parkway improvements will initially be advanced from the Capital Improvements Tax Fund to the McKitrick TIF Fund as programmed in the current CIP. The advance will be repaid in the future when sufficient service payments are available. It is currently estimated that the advance will be repaid in 2014. Memorandum May 27, 2008 Page Two Embassy Suites, Cooker Restaurant and Lees Inn TIFs These TIF districts were established to fund the construction of Upper Metro Place from Frantz Road to Metro Place North. The public improvements were paid for by the developer with the City reimbursing them as service payments are received. The developer will be reimbursed after the first half distribution of service payments in 2009. In an effort to improve traffic flow along US 33 /SR 161, which improves traffic flow to the parcels in the TIF districts, the city is working to program the widening of US 33 /SR 161 from the 1 -270 interchange to the Post Road interchange. This project is not currently identified in the Description of the Public Infrastructure Improvements supported by the TIF districts, therefore, the legislation establishing the TIF districts will need to be modified in order to utilize the service payments to fund this necessary improvement. These TIF districts are currently generating approximately $300,000 per year. As part of this year's CIP update we will be evaluating the programming of the US 33 /SR 161 widening project. The current estimate for environmental review and design for the project is approximately $1.3 million. Additional TIF Districts Bridae and Hiah TIF As we have discussed, a TIF district will be established for the Bridge and High public improvements being completed as part of the Development Agreement with the Stonehenge Company. Potential Waterford Commons TIF A concept plan was recently reviewed by the Planning and Zoning Commission for the proposed Waterford Commons development. As you are aware, we have discussed the possibility of establishing a TIF district for the commercial portion of this project to assist in funding identified public infrastructure needed to support the development (i.e. traffic signal at SR 161 and Monterey Drive). See the attached map for site location. Potential Avery Road /Shier Rings TIF Dublin Building Systems is currently in the process of obtaining a Conditional Use for the development of a 44,000 square foot office complex on the south side of Shier Rings Road, approximately 500 feet west of Avery Road. We will evaluate the opportunity of establishing a TIF district that could be utilized to assist in the funding to improve the Avery Road /Shier Rings Road intersection. See the attached Planning & Zoning agenda. Attachment TA2008 \015 -TIF and Modifications MEMO.doc RECEIVED CITY OF DUBLIN.. Division of Ingineeriog 5800 Shier -Rings Road Dublin, Ohio 43016.7295 FINANCE DEPT May 8, 2007 Mr. Mark Marsh Cardinal Health 7000 Cardinal Place Dublin, Ohio 43017 Phone: 6144104600 Fax: 614 - 761.6506 Web Site: www.dublin.oh.us RE: Cardinal Health West Campus Dear Mark: Based on the preliminary site and building plans received by the City for review on April 17, Engineering offers the following items to be addressed: Traffic /Roadway • A study is required to determine the effect on traffic at the entry points to the site because of the security systems will need to be performed and should describe how the maximum queue is determined, and show this graphically on a site plan. The placement of the security gates should not require the queue to leave the private property. Also, this will need to be coordinated at the shared access drive with what the adjacent property owner (currently Verizon) needs for their access and security. • We will want all the following improvements to Emerald Parkway shown in one set of Public Improvement drawings as they all need to be in place when the building is granted occupancy. • The median break at the eastern most drive will be removed and this drive becomes restricted to right- in/right -out. The median should be restored to match the existing median in Emerald Parkway. • Add 100 feet to the left turn lane into the east building's main entrance. • Installation of a traffic signal at the east building's main entrance. • Reconfiguring the median at the west building's main drive to the new location. The left turn storage length should be 400 feet. • Installation of a traffic signal at the western shared driveway. • Extend the left turn lane 100 feet at the western shared driveway. • Reconfiguration of the southbound lanes of Emerald Parkway at Post Road to include two left turn lanes. Also reconfiguration of the lanes on Post Road to create two eastbound lanes. This should be coordinated with City staff to be implemented with the redirection of Post Road and is needed when the western building is granted occupancy. • The western shared driveway needs to be striped with one inbound lane and three outbound lanes (one dedicated left, one shared left and right, and one dedicated right). Public street lighting and water appurtenances may exist at the new location of the main entrance drive. Detail survey work should be performed so that it is known what has to be moved. May 8, 2007 Mr. Mark Marsh RE: Cardinal Health West Campus Page 2 of 2 Sanitary CITY OF DUBLIN o The proposed bridge connection between the buildings may impact the existing sanitary manhole. Elevation details of this area will need to be provided for review. o The City passed updated code regarding encroachments to public easements last year. An Easement Encroachment agreement will be needed to outline Cardinal's responsibilities regarding their improvements in this easement. This agreement requires a $300 fee. An example agreement is attached. -► The site plan shows the on -site path system connecting to the public sidewalk at the northeast corner of the property. Previously, it has been our understanding that Cardinal preferred to keep their paths separate. Please review this connectivity. The North Fork Indian Run is a FEMA- studied stream in this area. The floodway, " floodway plus twenty" and the floodplain lines need to be shown on the plans. Any work in this area will be incompliance with our Flood Control and Stormwater Management regulations and will require a Special Flood Hazard Area Development Permit and submission of a $710 fee. The stormwater management for this project will need to meet our current Stormwater Management and Stream Corridor Protection regulations. The site plan shows proposed grading in the limited access right -of -way of I -270. If this is needed, a right -of -way permit from the Ohio Department of Transportation will be required. -+ The address for this site is currently 4875 Emerald Parkway. Please coordinate with Kristin Yorko, PE if you desire this to change. We appreciate being able to provide a preliminary review on this project. Additional comments may occur during the review of the detail site plan and construction drawings. Please let us know if you have any questions. Sincerely, Barbara A. Cox, PE Engineering Manager — Development Attachment Cc Marsha Grigsby, Director of Finance/Deputy City Manager Paul Hammersmith, PE, Director of Engineering/City Engineer Jean -Ellen Willis, PE, Engineering Manager — Transportation Kristin Yorko, PE, Civil Engineer Waterford commons -Monterey Drive and west Bridge street Orfis�O� 42 US, da on -.n -coon WPOWELL RR WPOWELLF /�— l l J K- � �`_ ✓� `�� A MITOHELL-pE T — L LTV' WlT sly spMMl � B - �,- To i 5 — G� $ � 6 r F h b SR 161 S� POSTRD PULLED RD rh f� 9 a m NCO .SS d d /'08 s - DO 276 wDU LI j0 6 M �OPIN 9 1 rl IERRINCS RD 3 � � 'ieraoa — m it E. BL '` h ERMEMD of j LE D a LAM EPL � 1 (gNa8 R0 � U 9 O 0.1N 15 dTON AV " 4 tt0 NiiLE I' 0.1�� \ i 4 CROSSING � (( I PoN65R0� o l 1 TUi'ECR SSIN r\ _ WEST rqs RD So \ \ NAk ° so �O 1 BE NELR PY HM PNN FD — d �� a 1 Perimeter West - SiniIF 15 Duke Realty Investment - Ewired T . 2 Perimeter Center - Non-School IF 16 Rings Road - NOn Sch00l IF 3 Mettec -E,,ed 17 Cardinal Health South Campus -Non School IF 0 RusoIi S 16 III Non School Rings/Rantz Campus -Non School IF 5 Applfetl Innovation - E;nbed 19 Histari c Dublin Parking - Straight IF 6 McKitrick -Stni IF 20 Wendy Parcel -Non School IF ] Embassy Suites Non School IF 21 Indian Place -Non School IF 6 Cooker Resta wants -Stni IF 22 Tartan West -Non School IF 9 Leeslnn - Stni IF 23 Shier Rings Road - Non School IF 10 Upper Metro Place - Non-School IF 20 Perimeter Loop -Non School IF 11 Safety Sol u0 ons. -E,,ed 25 Kra gerCentre -Non School IF 12 Pi7zu0(Metro Place South) - Non SchoolIF 26 Lifetime Fitness -Non School IF 13 Woemer- Tempi e Nor School IF 27 River Riage -Non School IF 10 Thomas/Kohler Non School IF 26 Shamrock Caging -Non School IF 29 Dublin Methodist Hospital -Non School IF " City f Dublin TIF T es w e Y - Nn - School TIF 9 Expir Prepared TIF Parcels crtr oe uueLw Expiretl Prepared By City of Dublin Geographic Information Services January 2003 Mp