Special Improvement Districts

Chapter 1710 of the Ohio Revised Code provides for the creation, organization and power of special improvement districts (SID) for economic development and redevelopment purposes. A SID is a self-help tool created by a petition of property owners within the proposed district that allows them to assess themselves for area-wide services and capital improvements. A SID is a true partnership between the private and public sectors. The Argus team leads clients through the process of establishing a SID and assists with the administrative functions that are vital to the SIDs proper management and success.

Argus SID services also do the following:

  • Assist with all aspects of the formation and governance of the SID
  • Analyze all allowable assessment methodologies to achieve appropriate funding
  • Assist with the implementation and imposition of the special assessment
  • Work closely with the county auditor to ensure that proper records of SID parcels are maintained and that assessments are distributed appropriately
  • Prepare and submit annual reports to the governing body and property owners within the SID