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Pataskala development committee endorses study of New Community Authority, expands housing incentive policy scope
Summary
The Pataskala City development committee on Wednesday discussed revisions to the city’s housing incentive policy and directed city administration to prepare a framework for a New Community Authority (NCA) to present to council within 90 days.
The Pataskala City development committee on Wednesday discussed revisions to the city’s housing incentive policy and directed city administration to prepare a framework for a New Community Authority (NCA) to present to council within 90 days.
Committee members and staff focused on two substantive policy changes: including a 30% pilot payment tied to tax increment financing (TIF) for the Western Licking Fire District, and a proposal that the city establish NCAs on property the city owns and require incoming developers to join those NCAs.
The 30% pilot payment would return roughly 30% of the incremental tax value that otherwise would be abated under a TIF agreement to the fire district. Committee members said the Western Licking Fire District indicated a preference for…
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