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Council starts tax‑increment financing process for Garfield Avenue overlay, schedules public hearing
Summary
Council authorized drafting an ordinance to delineate an overlay and adopt an economic development plan to enable a Garfield Avenue incentive district (TIF); public hearing was set for Aug. 19, 2025.
Council voted on July 15 to begin the statutory process needed to pursue tax‑increment financing (TIF) for an area around Garfield Avenue, adopting an economic development plan and setting a public hearing for Aug. 19, 2025.
City staff said the proposal would create an overlay of parcels (parcel boundaries and a map were attached to the draft ordinance) and adopt a written economic development plan that, if a TIF is later approved, would capture a portion of new property tax value from development to pay for public improvements serving the district. Staff described typical eligible projects as water, sewer and stormwater infrastructure and other public improvements that support development.
The ordinance references Ohio’s Municipal TIF Act (Ohio Rev. Code §5709.40) and requires formal notice to property owners within the overlay and affected school districts. Law Director Brian Pacheco explained the required notifications and certification steps the county and city must follow; the ordinance instructs staff to mail notices to real property owners in the proposed district and to notify the Milford Exempted Village School District and Great Oaks Career Campuses’ board as required by statute.
Council authorized the city engineer to review the economic development plan and certify whether public infrastructure serving the proposed district is inadequate to meet development needs; staff said certification is part of the statutory TIF eligibility findings. The council also approved transmission of required notices and set the public hearing date. If council later proceeds with a formal TIF ordinance, further hearings and statutory steps will follow.
Council emphasized that a TIF shifts growth-related tax revenue to pay for area improvements and that developers and residents should expect additional public hearings and formal opportunities to comment before any tax increment capture is finalized.
