Agenda Item # 1
A RESOLUTION BY THE COUNCIL OF COLUMBUS, GEORGIA TO CREATE COLUMBUS, GEORGIA CONSOLIDATED GOVERNMENT TAX ALLOCATION DISTRICT #7: MIDLAND COMMONS; TO DESIGNATE THE BOUNDARIES OF THE REDEVELOPMENT AREA AND TAX ALLOCATION DISTRICT; TO ESTABLISH THE LAST KNOWN 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.
the Redevelopment Powers Law, O.C.G.A. § 36-44-1,
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,
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,
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,
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 Midland, Columbus constituting approximately 289 acres (the “Midland Commons Redevelopment Area”) by supporting redevelopment of the Midland Commons Redevelopment Area as more fully described and mapped in the Redevelopment Plan (as defined herein), attached hereto as
, in order to insure that such areas be developed to the maximum extent practicable to improve economic and social conditions therein in order to abate or eliminate deleterious effects to the public health, safety, morals and welfare; and
Council recognizes that the Midland Commons 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), specifically subparagraphs A(v), B(iii), B(iv), and B(vi); and,
the Council has determined that it is in the best interest of the CCG and its citizens, and that redevelopment of the Midland Commons Redevelopment Area will best be served by the separation and creation of one Tax Allocation District within the boundaries of the overall Redevelopment Area, and has designated the boundaries of Tax Allocation District #7: Midland Commons (the “TAD”)to include five (5) tax parcels and approximately 289 acres located within the boundaries of the Midland Commons Redevelopment Area; and,
the Columbus, Georgia Consolidated Government Midland Commons Tax Allocation District #7 Redevelopment Plan (the “Redevelopment Plan”) has been prepared for the Midland Commons Redevelopment Area in accordance with the requirements of O.C.G.A § 36-44-3(9); and,
, the Council held public hearings at the meetings of January 23, 2018, and February 13, 2018, 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 the tax allocation districts described therein; and,
Council desires to adopt the Redevelopment Plan and create the Columbus, Georgia Consolidated Government Tax Allocation District#7: Midland Commons (the “TAD”).
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA HEREBY RESOLVES AS FOLLOWS:
Council finds that many properties in the Midland Commons Redevelopment Area have not been subject to growth or redevelopment through private enterprise and would not reasonably be anticipated to be developed with the same quality and within the same timeframe without the approval of the Redevelopment Plan.
Council finds that the improvement of the Midland Commons Redevelopment Area is likely to enhance the value of a substantial portion of other real property in the area.
Council adopts the Redevelopment Plan, attached to this Resolution as
and incorporated herein by reference, as the Redevelopment Plan for the aforesaid area.
Council creates Tax Allocation District#7: Midland Commons pursuant to the Redevelopment Plan and the Redevelopment Powers Law and designates the boundaries of the TAD as described in the Redevelopment Plan and shown on the map attached hereto as Exhibit “B”.
The TAD is hereby created as of December 31, 2018, and shall continue in existence until all redevelopment costs, including financing costs, are paid in full.
The CCG hereby establishes the estimated Tax Allocation Increment Base to be $3,396,024 based on the last known assessed valuation of the TAD which was as of December 31,2017, subject to updating the estimate using the 2018 digest numbers when available and the certification of the Revenue Commissioner in accordance with 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 collected 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).
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.
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.
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 the _________ day of _____________, 2018 and adopted at said meeting by the affirmative vote of ____________ members of said Council.
Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Davis voting __________.
Councilor Garrett 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
Midland Commons TAD Redevelopment Plan Final Final 20918.pdf