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North Ridgeville council amends, adopts tax-abatement revenue-sharing agreement with schools
Summary
City council amended an intergovernmental agreement with the North Ridgeville City School District to update its effective date and adopted the ordinance to continue the city'school process for handling tax abatements and revenue-sharing arrangements.
North Ridgeville City Council on Feb. 18 amended and adopted Ordinance 2025-16 to renew the city'school agreement that governs how tax revenues affected by business tax abatements are shared with the North Ridgeville City School District.
The measure was amended on the council floor to change the effective date in provision 1 to Jan. 1, 2025, and then adopted during the Feb. 18 meeting after the amended ordinance was presented for final action.
Council members said the agreement is the standard five-year renewal the city…
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