Council adopts two TIF ordinances to support economic development
Council approved two third‑reading ordinances declaring North End and Geyers Chapel TIF areas to be public purposes and allowing collection of service payments; staff said TIF revenues can be spent off‑site to support related improvements.
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On Oct. 5, council adopted Ordinance 2026‑16 (North End non‑school TIF) and Ordinance 2026‑17 (Geyers Chapel non‑school TIF) on their third readings. Both ordinances declare improvements to certain parcels as public purposes and enable collection and deposit of service payments under ORC procedures; the legislation also included immediate enactment clauses for administrative purposes.
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