In a recent council meeting, the Newark City Council approved a significant resolution authorizing the Mayor to enter into an Enterprise Zone Agreement with Oglesby Construction Inc. This agreement, designated as 24-1, will facilitate the expansion of Oglesby’s manufacturing facility within Newark, involving an investment of $7.1 million in new construction and equipment. The project is expected to create new employment opportunities, contingent upon the availability of development incentives to ensure its economic viability.
The resolution was passed unanimously after a motion by Councilwoman Wilhelm and a second by Councilman Duncan. The council confirmed that proper notifications regarding the enterprise zone abatement had been communicated to local school boards, a requirement under the relevant Ohio Revised Code.
Additionally, the council addressed an ordinance concerning the hours of operation for parks within the city. This ordinance, identified as 24-071A, was also approved without discussion. It includes provisions that exempt individuals engaged in fishing or hunting migratory waterfowl from certain operational restrictions.
The meeting concluded with a commitment to ensure that the new regulations and agreements will be implemented promptly, reflecting the council's ongoing efforts to support local economic development and community engagement.