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Sandusky commission approves causeway waterline deal, new Battery Park TIF and $9M bonds for recreation center
Summary
On Feb. 9 the Sandusky City Commission approved a package of ordinances: a development agreement with Six Flags/Cedar Fair for a causeway waterline (estimated $3 million funded from emissions/parking taxes), creation of a Battery Park TIF with a 16.5% school share and a $9 million bond issue for a recreation center, along with several procurement and infrastructure contracts.
The Sandusky City Commission on Feb. 9 approved a series of ordinances covering infrastructure, economic development and capital spending.
Causeway waterline and Cedar Fair development agreement: The commission passed an ordinance authorizing the city manager to enter into a development agreement with Six Flags Entertainment Corporation related to the Cedar Point Causeway waterline project. Staff said the $3,000,000 figure reflected an engineering estimate and that the funds were originally identified when the city adopted an emissions and parking tax increase earmarked for the causeway. Staff emphasized the city owns the water lines — which serve the causeway and nearby properties — noted multiple water-main breaks in recent years and said the work will be timed to tie into the larger causeway construction so it will not immediately impact water rates.
Battery Park TIF and school compensation: Commissioners adopted an ordinance removing certain parcels from the downtown TIF…
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