Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Incentives Tif topic
No spam. Unsubscribe anytime.
Hilliard council adopts TIRC report recommending termination of one CRA abatement for missed job commitments
Summary
Council adopted resolution 25R74 implementing the Tax Incentive Review Council's annual recommendations; staff found 14 community reinvestment areas/TIF projects in compliance except Granite Inliner, which failed to meet job commitments and drew a termination recommendation.
Hilliard City Council on Sept. 22 adopted Resolution 25R74 to accept the 2025 recommendations of the Tax Incentive Review Council (TIRC), which reviewed community reinvestment area (CRA) and tax increment financing (TIF) projects for compliance in the 2024 tax year.
David (staff) reported that 14 CRAs were reviewed and that staff recommended each project be found in compliance except one: a CRA agreement with Granite Inliner, which constructed a building on Weaver Court North and failed to meet its job commitment requirement. The TIRC accepted staff's recommendation to terminate that agreement.
Staff also noted a table entry showing an apparent TIF final year of Feb. 2007 for an ADS project. Staff explained the discrepancy: a TIF passed at the same time as an abatement meant TIF collections paused while the abatement was active; collections resumed after the abatement expired, creating a new final year (staff said 2034). Staff also clarified the resumed TIF revenue is not directed to TruePoint.
Council asked a clarifying question about the ADS final year; staff provided the explanation and the roll call vote was 7–0 in favor of the resolution.
Resolution 25R74 took effect at the earliest lawful date, per the clerk.
