District Signs Historic Land Agreement with Columbus City Schools
100-year agreement to protect District residents and commercial tax base.
The Groveport Madison Local Schools (GMLS) Board of Education approved a comprehensive territory transfer and revenue sharing agreement with Columbus City Schools (CCS). This agreement addresses many of the concerns the District has with the current “Win-Win” agreement in place with CCS, GMLS and other central Ohio school districts.
Addressing “any and all boundary transfers” between the two school school districts, the agreement essentially secures the Groveport Madison’s boundaries from transfer into CCS upon the property’s annexation into the City of Columbus. The agreement states, “The defined boundaries are to be permanent and all properties within the current boundaries are Protected Territory.” The agreement is for a term of 50 years, with a 50-year renewal.
“This agreement provides predictability and stability to the District, not only protecting residential areas from being transferred into Columbus City Schools; it also protects extremely valuable commercial growth areas that are in the immediate proximity of the Rickenbacker Regional Airport,” said Board President Bryan Shoemaker.
The agreement identifies specific property parcels adjacent to the airport property in which GMLS and CCS will share tax revenue from existing and future development, as well as two parcels in which CCS will receive the full amount of taxable value of the properties.
“Our legal counsel has been working very hard on behalf of the District to create an agreement that meets the current and future needs of both CCS and GMLS,” said Superintendent Garilee Ogden. “This is a historical agreement for which our entire community should be extremely proud.”
The Columbus City Schools Board of Education approved the agreement at their November 20, 2018 meeting.