Agenda Item # 1

A RESOLUTION
NO._____

A RESOLUTION BY THE COUNCIL OF COLUMBUS, GEORGIA TO CREATE COLUMBUS, GEORGIA CONSOLIDATED GOVERNMENT TAX ALLOCATION DISTRICT #1: BENNING TECHNOLOGY PARK; TO DESIGNATE THE BOUNDARIES OF THE REDEVELOPMENT AREA AND TAX ALLOCATION DISTRICT; TO ESTABLISH THE TAX INCREMENT BASE AND ADOPT A REDEVELOPMENT PLAN FOR THE AREA; TO ESTABLISH THE INTENT TO ISSUE AND SELL TAX ALLOCATION BONDS AS NECESSARY TO EFFECTUATE THE REDEVELOPMENT OF THE AREA; AND FOR OTHER PURPOSES.

WHEREAS, the Redevelopment Powers Law, O.C.G.A. 36-44-1 et seq., provides for the exercise of redevelopment powers and the creation of redevelopment plans and tax allocation districts by counties, municipalities, and consolidated governments in the State of Georgia; and,

WHEREAS, the purpose of the Redevelopment Powers Law is to improve economic and social conditions within economically and socially depressed urban areas that contribute to or cause unemployment, limit the tax resources of local governing authorities while creating a greater demand for government services, and have deleterious effect upon the public health, safety, morals, and welfare; and,

WHEREAS, in accordance with O.C.G.A. 36-44-4(a), the Columbus Council (“Council”) previously designated itself as the redevelopment agency to exercise the provisions of the Redevelopment Plan and the Redevelopment Powers Law with the delegation of certain administrative functions to the Columbus Development Authority (Ordinance No.15-51); and,

WHEREAS, it is in the public interest of the Columbus, Georgia Consolidated Government (the “CCG”) that the Redevelopment Powers Law be exercised to enable public-private partnerships to improve economic and social conditions in certain areas of Southeast Columbus constituting 1,230 acres (hereinafter the “Southeast Columbus Redevelopment Area”) by supporting development of the planned Benning Technology Park, a 183 acre development site located between I-185 and Fort Benning all as more fully described in the Redevelopment Plan (as defined herein), attached hereto as Exhibit “A”, in order to abate or eliminate deleterious effects of its current depressed state; and,

WHEREAS, Council recognizes that the Southeast Columbus Redevelopment Area is an area located within a developed area that is substantially underutilized and is adversely affected by environmental factors that retard and impair redevelopment and that the area substantially impairs the sound growth of the community (O.C.G.A. 36-44-3(7)); and,

WHEREAS, the Council has determined that it is in the best interest of the CCG and its citizens, and that redevelopment of the Southeast Columbus Redevelopment Area will best be served by the separation and creation of one or more smaller Tax Allocation Districts within the boundaries of the overall Redevelopment Area, and has designated the boundaries of Tax Allocation District #1: Benning Technology Park (the “TAD”)to include 51 tax parcels and 299 acres located within the boundaries of the Southeast Columbus Redevelopment Area; and,

WHEREAS, the Columbus, Georgia Consolidated Government Tax Allocation District #1: Fort Benning Technology Park/Southeast Columbus Redevelopment Plan (the “Redevelopment Plan”) has been prepared for the Southeast Columbus Redevelopment Area in accordance with the requirements of O.C.G.A 36-44-3(9); and,

WHEREAS, the Council held public hearings at the meetings of December 8, 2015 and December 15, 2015 duly noticed as prescribed by law and published in the Columbus Ledger Enquirer and as set forth in the minutes of said meetings. The purpose of the meetings was to receive suggestions and comments on the proposed redevelopment plan and tax allocation district; and,

WHEREAS, Council desires to adopt the Redevelopment Plan and create the Columbus, Georgia Consolidated Government Tax Allocation District#: Benning Technology Park (the “TAD”).

NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA HEREBY RESOLVES AS FOLLOWS:

Section 1. Council finds that the Southeast Columbus Redevelopment Area has not been subject to growth and development through private enterprise and would not reasonably be anticipated to be developed without the approval of the Redevelopment Plan.

Section 2. Council finds that the improvement of the Southeast Columbus Redevelopment Area is likely to enhance the value of a substantial portion of other real property in the area.

Section 3. Council adopts the attached Redevelopment Plan, attached to this Resolution as Exhibit “A” and incorporated herein by reference, as the Redevelopment Plan for the aforesaid area.

Section 4. Council creates the TAD pursuant to the Redevelopment Plan and the Redevelopment Powers Law and designates the boundaries of the district as indicated in the Redevelopment Plan.

Section 5. The TAD is hereby created as of December 31, 2015, and shall continue in existence until all redevelopment costs, including financing costs, are paid in full.


Section 6. The CCG hereby establishes the estimated Tax Allocation Increment Base to be $2,339,293, subject to the certification of the State of Georgia’s revenue commissioner as provided O.C.G.A. 36-44-10. The property taxes to be used for computing tax allocation increments for the Columbus, Georgia Consolidated Government shall include all M&O Millage on real property within the TAD as specified in the attached Redevelopment Plan and incorporated herein by reference. Any property taxes levied to repay bonded indebtedness, property taxes on personal property or motor vehicles and ad valorem taxes collect from public utilities and railroad companies will be excluded from the Tax Allocation Increment Base in accordance with O.C.G.A. 36-44-3(1).

Section 7. Council intends where feasible and cost effective to authorize the issuance of Tax Allocation Bonds or other forms of financing as determined by CCG for any and all eligible uses as permitted under the Redevelopment Powers Law as may be necessary to implement provisions of the Redevelopment Plan.


Section 8. The property proposed to be pledged for payment or as security for payment of tax allocation bonds will include the positive ad valorem tax allocation increments derived from real property within the TAD for the life of the district.

Section 9. All resolutions and parts of resolutions in conflict with this resolution are hereby rescinded to the extent of any such conflict.
_____________

Introduced at a regular meeting of the Council of Columbus, Georgia held on the 15th day of December, 2015, and adopted at said meeting by the affirmative vote of ______ members of Council.

Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Buck voting __________.
Councilor Davis voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor Thomas voting __________.
Councilor Turner Pugh voting __________.
Councilor Woodson voting __________.




_______________________________ __________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor
EXHIBIT “A”

REDEVELOPMENT PLAN
20151211155014125.pdf