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The Lorain County Board of Commissioners on Dec. 5 approved a resolution establishing an incentive district in unincorporated Eaton Township and authorized related tax-increment financing agreements for infrastructure and service payments in lieu of taxes.
During presentation, staff referenced Ohio statutory sections cited in the agenda (5709.83 and 5709.85) and described the incentive district mechanism and a related tax-increment (TIF) financing agreement with Springvale Development Company. Commissioners said these economic-development tools use expected future tax revenues to fund public infrastructure that will serve new development in the district.
A member of the public, Gerald Phillips of Avon Lake, asked whether the agenda item included a map showing the district boundaries, which townships would be affected and whether school districts would be made whole. He requested the resolution and any maps be made available as public records. Commissioners responded by asking staff to "show them that" during the meeting; staff indicated Eaton Township as the location. The board voted to approve the incentive district and related agreements by voice vote.
The board also voted to approve compensation agreements related to development in Eden Township and a TIF authorization for projects described as benefiting Beavercreek and Eden Township. County officials described these tools as funded from future tax streams and maintained there would be no immediate tax increase to existing residents; one commissioner noted the development classification of the land could change from agricultural to residential or commercial as projects are built.
The meeting record does not include a detailed map posted on the agenda packet in public view; members of the public asked for that information and indicated they may make public-records requests for resolutions and maps.
Commissioners recorded their approval by voice and the motions passed.
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