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Troy council approves cooperative agreement with Dayton‑Montgomery County Port Authority for Como America project
Summary
Council adopted a resolution allowing the city to enter a cooperative agreement with the Dayton‑Montgomery County Port Authority so the authority can issue a sales tax exemption for construction at the Como America Co. project in Troy; city said it would bear no financial responsibility under the agreement.
The Troy City Council on Monday adopted a resolution authorizing a cooperative agreement with the Dayton‑Montgomery County Port Authority so the port authority can issue a sales‑tax exemption for the hard construction costs of the Como America Co. Inc. warehouse project in Troy.
The council’s Finance Committee recommended preparing legislation approving the agreement after noting the project will be located in the city and outside the immediate jurisdiction of the port authority. The committee said the city would not be…
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