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Hilliard council approves 12-year CRA tax abatement for Riggins Court industrial project over dissent
Summary
Council approved a 12-year, 75% community reinvestment area (CRA) tax abatement for a proposed 72,000-square-foot industrial building at Riggins Court, citing job creation potential; two council members voted no, questioning whether taxpayers should subsidize private development.
Hilliard City Council voted 5–2 on April 27 to approve a 12-year, 75% community reinvestment area tax abatement for a planned 72,000-square-foot speculative industrial building at the end of Riggins Court.
City staff told council the project represents roughly a $12 million investment with a minimum commitment of 75 jobs; staff also said the city expects more payroll and job growth as tenants lease space. The resolution authorizes a tax-abatement agreement with Riggins Court Holdings LLC and delegates execution authority to the…
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