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Pataskala committee debates TIF terms and a city-led NCA in housing incentive policy update
Summary
At a Pataskala City development committee meeting, staff presented proposed changes to the housing incentive policy focusing on TIF terms and compensation to the fire district.
At a Pataskala City development committee meeting, staff presented proposed changes to the city's housing incentive policy, focusing on tax-increment financing (TIF) terms and how developers and local service districts would be compensated.
Nate Green, staff member, said the draft continues the "hundred percent 30 year non school TIF" structure and described a proposed pilot to provide the Western Licking Joint Fire District with a payment equal to 30% of what the fire district would have received without the TIF in place. "One of the things that we have discussed was doing a pilot... essentially a 30%…
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