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Commissioners approve Eaton Township incentive district and TIF agreements amid public questions about maps and school impacts
Summary
The board approved creating an incentive district in Eaton Township and authorized tax-increment financing and related compensation agreements; a public commenter asked whether maps and school-district impacts are included in the record.
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…
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