11/26/13 3:40 p.m.
Contracts awarded for water and sewer for the Ohio Logistics Business Park on Findlay’s north end have made its financing a lot less expensive. The Courier reports that the contracts came in about 34 percent less than expected which will cut the proposed tax increment financing plan from 15 years to 10 years with 75 percent of the taxes on improvements made to the properties being diverted.
The change eliminates the need for Van Buren school board’s approval of the project. Ohio law requires the approval of school districts affected by tax increment financing plans of more than ten years.
The commissioners are expected to vote December 19 on the financing plan, proposed by the Findlay-Hancock County Alliance.Read More →