CC Parking

To serve a public purpose and seek the improvement of urban conditions, including without limitation the elimination of urban blight, through direct and indirect participation in activities relating to development, redevelopment, and other projects located in (I) the geographic area located in the city of columbus, Ohio, that is bounded generally on the north by route 670, on the east by route 71, on the south by route 70 and on the west by the railroad properties and rights of way separating franklinton from the scioto peninsula, and (ii) such other geographic areas as shall be approved from time to time, by the city council of the city of columbus, Ohio. The purposes for which the corporation is formed are exclusively charitable and educational purposes, including without limitation, (a) combating community deterioration and juvenile delinquency, (b) lessening the burdens of government, and (c) making distributions to organizations that qualify as a exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended (or the corresponding provision of any future United States internal revenue law) and (ii) agree to apply such distributions exclusively for charitable or educational purposes in franklin county, Ohio.