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Elyria council approves CRA agreement and special-assessment ordinance on emergency basis
Summary
On July 22 the council passed two economic-development ordinances on first reading under suspension of rules and declared each an emergency: a Community Reinvestment Area agreement with Elyria Block Development LLC and a special-assessment plan for an energy special improvement district.
Elyria City Council on July 22 passed two ordinances related to economic development and infrastructure financing.
The first ordinance authorized the mayor to enter into a Community Reinvestment Area (CRA) agreement with Elyria Block Development LLC and declared an emergency to allow immediate effect. The ordinance sponsor was the Community Development Department; Councilman Schneider asked that the measure be passed on first reading under…
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