Ordinance No. OR2023-6-63 an Ordinance Modifying and Restating

ORDINANCE NO. OR2023-6-63 AN ORDINANCE MODIFYING AND RESTATING THE TERMS OF THE HAMILTON CITY COMMUNITY REINVESTMENT AREA AND REMOVING PARCELS FROM THAT AREA. WHEREAS, pursuant to Ohio Revised Code ("ORC") Sections 3735.65 et seq., this Council, on July 3, 2012, passed its Emergency Ordinance No. EOR2012-7-57, as previously amended by Ordinance No. OR2013-2-25, passed February 27, 2013 and by Ordinance No. 2016-7-62, passed July 13, 2016 (collectively, the "Original CRA Ordinance"), in which it found that certain areas located within the City (as described and depicted in the Original CRA Ordinance, the "CRA") contained housing facilities, or structures of historical significance, wherein new housing construction and repair of existing facilities or structures were being discouraged, and that maintenance and construction of those structures would serve to encourage economic stability, maintain real property values and generate new employment opportunities, and established the CRA coextensive with the boundaries of that area to provide real property tax exemptions for certain improvements to real property within that area; and WHEREAS, this Council desires to modify and restate the terms of the real property tax exemptions granted for certain improvements to real property in the Original CRA Ordinance to encourage the use of green building standards; and WHEREAS, this Council further desires to remove certain parcels from the CRA due to the expansion of the Main-High Corridor Community Reinvestment Area; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Hamilton, Ohio: SECTION I: That the operative sections of the Original CRA Ordinance is hereby amended and restated in its entirety to read as set forth in Exhibit No. 1 attached hereto, incorporated herein, with added language denoted by bold underlining and deleted language denoted by bold strike-through. SECTION II: The boundaries of the CRA are hereby amended and restated as depicted in Exhibit No.2 attached hereto in order to remove certain parcels from the CRA due to their inclusion in the Main-High CRA. This Council hereby confirms its findings that the area included within the CRA as set forth and shown on Exhibit No. 2 hereto, is one in which housing facilities or structures of historical significance are located and new housing construction and repair of existing facilities or structures are discouraged. SECTION Ill: For the purposes of fulfilling the requirements set forth under ORC Sections 3735.65 to 3735.70, this Council affirms its adoption of the findings of the Housing Survey dated October 1, 2011, on file with the Clerk of Council and reestablishes the CRA. The findings of the Housing Survey are hereby incorporated into this ordinance. SECTION IV: The City's Economic Development Director and other appropriate officers of the City are hereby authorized to take all actions necessary to implement this ordinance. All previous actions taken by such officers are hereby ratified. SECTION V: This Council finds and determines that all formal actions of this Council and any of its committees concerning and relating to the passage of this ordinance were taken in an open meeting of this Council or its committees, and that all deliberations of this Council and any of its committees that resulted in those formal actions were in meetings open to the public, all in compliance with the law including ORC Section 121.22. SECTION VI: This ordinance shall take effect and be in full force from and after the earliest period allowed by law after its passage. ORDINANCE NO. OR2023-6-63 PASSED: June 28, 2023 Effective Date: July 28, 2023 ATTEST: Daniel Tidyman City Clerk Pat Moeller Mayor CERTIFICATE I, Daniel Tidyman, City Clerk of the City of Hamilton, Butler County, Ohio, hereby certify that the foregoing Ordinance No. OR2023-6-63 was duly published as provided by Section 113.01 of the Codified Ordinances of the City of Hamilton, Ohio, by posting ten days after passage, a copy thereof in the lobby of City Hall for a period of ten days. POSTED: June 28, 2023 Daniel Tidyman, City Clerk CITY OF HAMILTON, OHIO 8-29/2023