Reynoldsburg City Council on June 9 approved an emergency ordinance authorizing the mayor to reimburse Trivium Development LLC $1,124,312.50 for capital improvements at the Paragon (formerly Happy Dragon) property at Lancaster and Main, the council said during its meeting in Council Chambers.
The payment fulfills a prior development agreement and, according to Mayor Joe Begany, will ensure the site has the required parking and public improvements for upcoming city events. "This will fulfill our obligation, and, they will continue to move on and have plenty of parking for all of our events this summer," Mayor Begany said.
The item was presented during the Public Service and Transportation Committee and forwarded to council for emergency approval. At the council meeting, Council Member Baker made the motion to approve and Council Member Pacquiao seconded. The clerk recorded an 8-0 roll call vote in favor; the ordinance carries.
Why it matters: the payment closes out the city's commitment under the original agreement with the developer and is intended to guarantee the public improvements and parking required by the city for the Paragon development, which the mayor said is now complete and ready to serve downtown events.
Details and process: the mayor told council the project is complete and met required parking and public-improvement specifications. The ordinance was labeled emergency legislation and was approved by unanimous roll call (8 ayes, 0 nays). The motion as recorded in the meeting: a motion to approve the ordinance authorizing the mayor to reimburse Trivium Development LLC; mover: Council Member Baker; second: Council Member Pacquiao; outcome: approved.
No further conditions, amendments, or funding sources were stated on the record. The council did not attach additional reporting requirements or defer follow-up to staff during the meeting.
What to watch next: the reimbursement completes the city's obligation under the development agreement; the city and developer will proceed with the site's public uses and events this summer, per the mayor's remarks.