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Finance committee backs emergency measure to let Port Authority offer sales-tax exemption for COMEO project
Summary
On June 9 the Finance Committee authorized staff to sign an agreement with the Dayton Montgomery County Port Authority to permit a sales-tax exemption for COMEOfor an upcoming project and asked that emergency legislation be introduced at the next council meeting.
June 9 at approximately 6 p.m., the Finance Committee authorized staff to sign an agreement with the Dayton Montgomery County Port Authority that would let the port authority provide a sales-tax exemption to COMEO for an upcoming project and requested emergency legislation at the next council meeting.
The move was presented by Tiddenton, a staff member, who said, "We're asking for authorization to sign an agreement with Dayton Montgomery County Port authority that's related to, them being able to provide a sales tax exemption to COMEO for their, upcoming project, this year." Tiddenton told the committee the arrangement is not new: "Over the last 20 years, we've done a couple of projects with the Port Authority." He added that "by signing an agreement, we are not assuming any financial or coordination or management, supervision or responsibility related to the project."
Chairman Todd Seavitt, chairman of the finance committee, opened the meeting and framed the item as an administrative authorization. An unidentified council member told the committee, "I mean, if we really can save 7% sales tax, you know, go for it." Committee member Jeff Schilling expressed agreement with moving forward. No public commenters spoke on the item during the committee session.
Committee members said staff had received final project information in the last "week or two" and urged that the legislation be handled on an emergency basis so the Port Authority could act promptly. The committee agreed to proceed; members asked that the authorization and emergency ordinance be placed on the next council meeting agenda. The committee chair then adjourned the meeting.
The record in the committee notes that authorizing the agreement would permit the Port Authority to apply its statutory or administrative authority to offer a sales-tax exemption to the project; Tiddenton emphasized the city (or committee) would not assume financial or project-management obligations by signing the agreement. The transcript does not specify the project timeline, the exact dollar value of the exemption, or any formal roll-call vote; committee agreement was recorded by voice and by members' concurrence.
