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Grove City council approves CRA boundary and tax agreement to clear way for MWI industrial project
Summary
Council approved an ordinance creating Community Reinvestment Area No. 5 and a companion agreement with developer MWI Properties that offers a 10-year, 75% abatement and commits baseline payroll and infrastructure investments; supporters said the project will spur jobs and utilities in an underinvested northeast area.
Grove City Council approved an ordinance establishing Community Reinvestment Area (CRA) No. 5 and, in a separate vote, authorized a CRA agreement with MWI Properties to support a speculative two-building industrial development in the city’s northeast quadrant.
Chairman Halinga opened the lands committee discussion by reading Ordinance C0126, which staff described as the city’s first post‑1994 CRA. Administration representative Mr. Rausch told council the designation would offer a 10‑year tax abatement capped at 75% for new construction and remodeling, compared with older CRAs that provided 15‑year, 100% abatement for new construction and shorter terms for remodels. Rausch said the goal was to attract private investment where the city has seen…
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