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Notice of Passage of Ordinances

On Monday, April 15, 2024, the Council of the City of Franklin, Ohio adopted the following Ordinances:

A.    ORDINANCE 2024-06 DECLARING THE IMPROVEMENT OF CERTAIN REAL PROPERTY LOCATED IN THE CITY OF FRANKLIN, WARREN COUNTY, OHIO TO BE A PUBLIC PURPOSE; DECLARING SUCH PROPERTY TO BE EXEMPT FROM REAL PROPERTY TAXATION; DESIGNATING SPECIFIC PUBLIC INFRASTRUCTURE IMPROVEMENTS THAT, ONCE MADE, WILL DIRECTLY BENEFIT THE PARCELS FOR WHICH IMPROVEMENT IS DECLARED TO BE A PUBLIC PURPOSE; REQUIRING ANNUAL SERVICE PAYMENTS IN LIEU OF TAXES; ESTABLISHING A MUNICIPAL PUBLIC IMPROVEMENT TAX INCREMENT EQUIVALENT FUND; AUTHORIZING PAYMENTS TO THE FRANKLIN CITY SCHOOL DISTRICT AND THE WARREN COUNTY CAREER CENTER; AUTHORIZING THE EXECUTION OF A TAX INCREMENT FINANCING AGREEMENT; AND PROVIDING RELATED AUTHORIZATIONS PURSUANT TO OHIO REVISED CODE SECTIONS 5709.40(B), 5709.42, 5709.43, 5709.832 AND 5709.85.
This Ordinance authorizes a Tax Increment Financing (TIF) Agreement between the City of Franklin and FRANKLIN WATKINS GLEN, LLC. The development is located in the City of Franklin, consisting of Warren County Auditor parcel number 0836200056, for the construction of new restaurant, convenience store, and fuel station operating as a Sheetz.  The Property is currently located within the City’s “Community Reinvestment Area #3”. Community Reinvestment Area #3 authorizes exemptions from real property taxes for 100% of the assessed value of improvements on the Property for a period of up to 15 years.
The owner of the parcel will make annual service payments in lieu of taxes with respect to any Improvement to the Warren County Treasurer, which Service Payments will be distributed, in part, to the Franklin City School District, and the Warren County Career Center in amounts equal to the real property taxes that the School Districts, to reimburse the Developer for costs of the Public Infrastructure Improvements, and for such other purposes as may be authorized by law.

B.    ORDINANCE 2024-07 APPROPRIATIONS FOR CURRENT EXPENSES AND OTHER EXPENDITURES FOR THE CITY OF FRANKLIN, OHIO, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024, AND DECLARING AN EMERGENCY
This ordinance will adjust appropriations to the following funds:
General Fund 
  • Decrease Municipal Court Other in the general fund by $70,000 for the administrative purposes. 
  • Increase the Law Department Other in the general fund by $77,500 for administrative purposes.  
  • Increase the Income Tax Other in the general fund by $400,000 for income tax refunds. 
  • Increase the Building Division Other by $70,000 for Fire Loss Disbursement.
  • Increase the City Manager Other by $10,000 for recruitment.
  • Increase the General Fund Police Division Other by $12,000 for a cruiser. 
  • Increase the General Fund Transfers by $168,000 
E-911 Fund 
  • Increase of $63,860, to the E-911 Other account line for CAD Integration ($34,860) and a recording upgrade of ($27,789).
Capital Improvement 
  • Increase the Capital Improvement Fund Other line item by $75,000 for the Streetscape project. 
Economic Development Fund
  • Increase the Economic Development Fund Other by $93,000.
Water Fund 
  • Increase of $5,000 to the Water Fund Other for utility billing fees and postage. 
Trash Fund
  • Increase of $8,300 to the Water Fund Other for utility billing fees and postage. 
Stormwater Fund 
  • Increase of $3,000 to the Water Fund Other for utility billing fees and postage.

Khristi Dunn
Clerk of Council