09-87 ResolutionRECORD OF RESOLUTIONS
National Graphics Corp., Cols., O. ^x~' ^gfa~jl'GS
Form No. 6233-A
09-87
P~tsserl ----------------------------------------------19--------
A RESOLUTION ESTABLISHING A
COMMUNITY REINVESTMENT AREA
WITHIN "d'HE VILLAGE, OF DUBLIN
WHEREAS, the Ohio Revised Code empowers municipal corporations to
designate areas as community reinvestment areas; and
WHEREAS, it is in the best interests of the citizens of Dublin to
designate an area known as Post Road Community
Reinvestment Area ,
and more fully described in the document entitled "Boundaries of
Community Reinvestment Area" which is attached hereto and incorporated
herein as Exhibit "A" as a community reinvestment area; and
WHEREAS, the above-referenced area includes housing facilities or
structures of historical significance and new housing or repair of
existing facilities is discouraged; and
WHEREAS, Council has previously caused to be conducted various
surveys of this and other areas of the Village including but not
limited to traffic and master planning studies;
NOW, THEREFORE, BE IT RESOLVED by the Council of the Village of Dublin,
State of Ohio, 6 of its elected members concurring that:
Section 1. Council hereby designates the above referenced area as a
Community Reinvestment Area.
Section 2. Village Manager or designee is hereby designated to serve
as the "Housing Officer" as required by law.
Passed this 1st day of June
Mayor - Presiding Officer
Attest
~~~?~o~ ~~ ~~~~~
~Glerk of Co~~unci~l
1987.
1 hereby certify that copies of this Ordinance~Resolutinn
were posted in the Village of Dublin in accordance with
Section 1315 of the Ohio Revised Code.
Clerk of Council
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HA1d1.TON J. TEAFORIK
JEFPRHY A. Rlai•
idmRffiiC8 A. HII9Q5•+
J. GRAY GOPFMAN
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SIEVfiN J. CELEBREZZfi
PARK A. LE[ENDECKER
MARCUS S SHORE
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May 13, 1987
Mitchell Banchefsky, Esq.
Smith Fc Hill
5354 Cemetery Road
P.O. Box 7
Hilliard OH 43026
Hand Deliver
Dear Mr. Banchefsky:
RE: Dublin Local Schools
Tax Abatement
+ALSO ADMITTED DISTRICT'
OF COLU6lBIA BAR
'ALSO ADMITTED FLORIDA SAR
ROBERT E TEAPOAD
COUNSEL
Pursuant to our telephone conference of May 12, 1987, we are sending you this
letter. At that time, we explained that the Board of Education was desirous of obtaining
something in return for our agreeing to support fully the five year 50% real property tax
abatement on the new building to be constructed by White Consolidated Industries, off
Post Road. If the building is valued as indicated by Mayor Close, we would lose about
$75,000 a year in real property taxes, or over the five year period, $375,000. If the
payroll is as high as indicated by the Mayor, you will have a substantial windfall, while we
would be losing the aforementioned amount of money. Therefore, we suggested to the
Mayor that we wanted some agreement to, in some manner, have the Village share with
the Board of Education during that five year period some of the benefits that the Village
receives in payroll tax, in return for our working with the Council to support this
abatement.
No matter how well intentioned our abatement may be, there are always elements in
the community who will perceive this in a negative fashion. Thus, we feel it is important
to show that both our clients are working together for the betterment of Dublin. This
type of sharing agreement will clearly show that the community and its facilities will not
suffer from the abatement, but, rather, will be enhanced because of our efforts
Therefore, we have developed the following proposal. FVe understand that at the
Village Council Meeting on May 18, 1987, legislation will be proposed to create a
Community Reinvestment District which would include this White Consolidated site, and
Mitchell Banchefsky, Esq.
May 13, 1987
Page 2
several adjoining homes, which would allow within that district certain areas, i.e. the
White Consolidated property, to have its new improvements abated at 50% of the real
estate tax for five years. We suggest that you add to that legislation the following
paragraph:
'~ "Consistent with the powers granted to the Village in Article u
Section 2.04(A), and Article VII, Section 7.03(A), of the Charter of
the Village of Dublin, and Ohio Revised Code 5755.16, the Village
hereby sets aside 37 1/2 percent of all Village income tax receipts
from employees working within this Community Reinvestment
District during any abatement period granted hereunder to be used
in conjunction with the Dublin Local Schools for the joint
acquisition, development, management, and operation of parks,
playgrounds, gymnasiums, swimming pools, indoor recreational
centers, or other public purpose facilities as allowed by law."
We hope that you will distribute this letter to the members of the Village Council as
soon as possible in order to determine whether or not they are willing to add this to the
legislation. As indicated, we intend to keep this proposal confidential until the Council
has had time to review same. We feel that this would be a positive step forward in
community acceptance of the abatement-program and look forward to your early reply.
- ~3dffcev A. Rich
JAR:prs
cc: Joe Riedel, Superintendent
Dublin Local Schools