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AN ORDINANCE AUTHORIZING THE ADMINISTRATOR TO ENTER INTO A DEVELOPMENT AND INCENTIVE AGREEMENT WITH TRI-TECH LABORATORIES, LLC PURSUANT TO O.R.C. SECTION 718.15 AS AUTHORIZED BY ARTICLE VIII, SECTION 13 OF THE OHIO CONSTITUTION, AND THE DECLARATION OF AN EMERGENCY
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WHEREAS, Council has determined it necessary to provide a local tax incentive as enticement for Tri-Tech Laboratories, LLC to expand and create new jobs and investment in the community.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GROVEPORT, FRANKLIN COUNTY, OHIO, A MAJORITY OF ITS MEMBERS CONCURRING:
Section 1: That, pursuant to O.R.C. Section 718.15, the Administrator is hereby authorized to enter into a Development and Incentive Agreement as authorized by Article VIII, Section 13 of the Ohio Constitution with Tri-Tech Laboratories, LLC, pursuant to the terms as set forth in the Agreement.
Section 2: That this Ordinance be deemed an emergency measure necessary for the preservation of the health, safety, and general welfare of the community as said legislation must be enacted in a timely manner in order for the City to facilitate the immediate creation of new jobs and investment in the City of Groveport; WHEREFORE, this ordinance shall take effect and be in full force upon its passage by Council and signature of the Mayor.
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Lance Westcamp, Mayor
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Ruthanne Sargus Ross, CMC
Clerk of Council
Approved as to form:
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Kevin C. Shannon, Law Director