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First reading held on commercial TIF for Alton Place development; second reading set for April 28
Summary
Council heard a staff report on Ordinance 25-08, a commercial tax increment financing (TIF) measure for the Alton Place HCD development. The ordinance was read by title; council scheduled a second reading/public hearing for April 28.
HILLIARD, Ohio — Council took up Ordinance 25-08 on April 14, a measure that would establish a commercial tax increment financing (TIF) district and related service payment and compensation agreements for the Alton Place HCD development.
Dee read the ordinance by title. City staff summarized background: a rezoning and development agreement approved in 2020 anticipated a commercial TIF to fund public infrastructure such as streets and utilities. Staff said the proposed TIF will be a 30‑year commercial, non‑school TIF and will include compensation to Brown Township under a separate…
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