City of Hudson, Ohio - File #: 18-66

• File #: 18-66
• Version: 2
• Type: Resolution
• Status: Failed
• File created: 4/25/2018
• In control: City Council
• On agenda: 12/4/2018
• Final action: 12/4/2018
• Title: A RESOLUTION TO SUBMIT TO THE ELECTORS OF THE CITY THE QUESTION OF THE ISSUANCE OF IMPROVEMENT BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $21,000,000 FOR THE CONSTRUCTION OF A COMMUNITY-WIDE FIBER NETWORK AND A PROPERTY TAX LEVY TO SUPPORT THE BONDS. (As Revised 5/15/2018) Executive Summary: This Resolution is to allow Hudson voters to determine whether or not they support funding the capital buildout of a community-wide fiber network through a property tax levy.
• Sponsors: David A. Basil
• Indexes: Administration, Finance - General, Innovation & Technology
• Related files: 18-65

Date	Ver.	Action By	Action	Result
12/4/2018	2	City Council	adopted	Fail
6/5/2018	2	City Council	third reading
6/5/2018	2	City Council	postponed to a date certain	Pass
5/15/2018	2	City Council	second reading
5/15/2018	2	City Council	to suspend the rule requiring three readings	Fail
5/8/2018	1	City Council Workshop	item forwarded
5/1/2018	1	City Council	first reading

Title

A RESOLUTION TO SUBMIT TO THE ELECTORS OF THE CITY THE QUESTION OF THE ISSUANCE OF IMPROVEMENT BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $21,000,000 FOR THE CONSTRUCTION OF A COMMUNITY-WIDE FIBER NETWORK AND A PROPERTY TAX LEVY TO SUPPORT THE BONDS. (As Revised 5/15/2018)

Executive Summary:  This Resolution is to allow Hudson voters to determine whether or not they support funding the capital buildout of a community-wide fiber network through a property tax levy.

Body

Legislative History

Resolution No. 18-65, declaring it necessary to place levy issue on November 6, 2018 ballot; being considered concurrently.

Purpose & Explanation

In considering the Community-Wide Fiber initiative, Council has laid out the following schedule for review and solicitation of public input regarding this matter:

Tues. May 1                     Resolution of Necessity - 1^st reading

                     Resolution to place the levy on the ballot - 1^st reading

Tues. May 15                     Resolution of Necessity - 2^nd reading

                     Resolution to place the levy on the ballot - 2^nd reading

Tues. May 22                     Resolution of Necessity - 3^rd reading (and passage)

Tues. June 5                     Resolution to place the levy on the ballot - 3^rd reading (and passage)

Wed. Aug. 8                     Due date for certification of Res. No. 18-66 to Board of Elections

                     (90 days prior to Election Day)

Tues. Nov. 6                     Election Day

Timing Considerations

As directed by Council.

Fiscal Impact

                       Currently Budgeted

                       Supplemental Appropriation Required

  X                       Appropriation Not Required.

Recommendation

Suggested Action

Staff recommends City Council pass the Resolution to submit to the voters.

Submitted by,

Jane Howington, City Manager

Jeff Knoblauch, Assistant City Manager/Finance