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City staff explains enterprise zones; none currently active in Lorain

5766487 · February 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At the Feb. 13 meeting staff described enterprise zone agreements as a job-creation focused incentive the city can offer developers; no enterprise zones are currently in effect and the department said it may offer this tool for future projects.

City staff told the Tax Incentive Review Council on Feb. 13 that the enterprise zone is a flexible economic incentive the city can use to encourage development, particularly projects that create jobs.

Matt Kuzner, representing the city’s building, housing and…

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