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A RESOLUTION TO ACCEPT THE RECOMMENDATIONS OF THE 2022 GROVEPORT TAX INCENTIVE REVIEW COUNCIL (TIRC) REGARDING THE CONTINUATION, MODIFICATION, OR CANCELLATION OF ALL PROPERTY TAX INCENTIVES BASED ON THE EVALUATION OF REPORTING YEAR 2021, AND THE DECLARATION OF AN EMERGENCY
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The annual City of Groveport (the “City”) Tax Incentive Review Council (the “TIRC”) was held on June 23, 2022 to evaluate the compliance status of the City’s property tax related incentives - Enterprise Zone Abatement Agreements, Pre-1994 Community Reinvestment Area Abatements (not memorialized in agreements), Post-1994 Community Reinvestment Area Abatement Agreements, and Tax Increment Financing Districts - for Reporting Year 2021 (defined as the period from January 1, 2021 to December 31, 2021).
Ohio Revised Code Section 5709.85 stipulates that the TIRC shall meet to determine whether the agreement (if applicable) complies with the requirements of Ohio Revised Code Section 5709.28 or before the first day of September of each year, the TIRC must submit to the legislative authority written recommendations for continuation, modification, or cancellation of each property tax related incentive. Additionally, a legislative authority that receives such recommendations must, within sixty (60) days of receipt, hold a meeting and vote to accept, reject, or modify all or any portion of the recommendations. This action was not taken by the City of Groveport within the required time period in 2022. This resolution is presented to rectify that oversight.
The recommendations of the TIRC were presented to Groveport City Council (“City Council”) in a document from the Groveport Development Director dated March 26, 2024 titled “2022 Groveport Tax Incentive Review Council Recommendations Memorandum.” This resolution is requested to be considered to fulfill the stipulations set forth in Section 5709.85 of the Ohio Revised Code and by this resolution will accept the recommendations of the 2022 TIR...
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