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Council advances Roosevelt Ridge TIF process after public hearing
Summary
Council held a public hearing for the Roosevelt Ridge 10‑year, 75% incentive district and moved the legislative schedule forward; staff said the TIF would reimburse public infrastructure tied to a 20‑lot single‑family development on the former Roosevelt School site.
MIDDLETOWN, Ohio — City Council opened a public hearing on Aug. 5 to begin the statutory process to establish a 10‑year, 75% tax increment financing (TIF) incentive district for the Roosevelt Ridge development and authorized required notices to local taxing authorities.
Jacob Schulte of the Community and Economic Development Department described the TIF as a reimbursement…
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