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Council clears measure to advance John Carroll University CRA application after negotiation on abatement rate
Summary
After extended discussion, University Heights City Council approved sending John Carroll University’s Community Reinvestment Area (CRA) application to the school board for the statutorily required notice period; council and the university negotiated an amended abatement percentage for the retail parcel.
University Heights City Council voted April 7 to take a CRA-related motion off the table and to approve the council action required to proceed with John Carroll University’s Community Reinvestment Area application for its Gateway redevelopment.
Council first voted to remove the item from the table and then approved the form required under Ohio law to establish the minimum tax-equivalent percentage for the CRA application. Council and university representatives said the application had been revised after negotiations; city council members thanked John Carroll for working with the city and school district on updated terms.
Jerem…
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