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Council debates Miller Farms development financing; TIF and NCA options on table
Summary
Council members discussed proposed Miller Farms development financing options including residential and commercial TIFs and a New Community Authority (NCA). No formal votes were taken; staff provided preliminary revenue modeling and council expressed mixed support.
Canal Winchester councilmembers spent an extended portion of the March 17 meeting discussing financing tools for the proposed Miller Farms development, including tax increment financing (TIF) and a New Community Authority (NCA). No binding decisions were made; council asked staff for further modeling and confirmed they retain leverage until development agreements are executed.
Development staff described options for combining a residential TIF, commercial TIF and an NCA to fund infrastructure and reimburse developer costs. Development Director Luke Hare and City Administrator Matt…
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