Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Evendale council amends and adopts Community Reinvestment Area with 8‑year, 100% tax abatement
Summary
Evendale Village Council amended and adopted Ordinance 26‑08 to create a Community Reinvestment Area (CRA), changing the tax‑abatement term from an 8‑year 50% abatement to an 8‑year 100% abatement; council adopted the ordinance as an emergency and will forward it to the State of Ohio for review.
Evendale Village Council voted to amend and adopt Ordinance 26‑08, establishing a Community Reinvestment Area under provisions cited from the Ohio Revised Code and designating an administering officer and a Community Reinvestment Housing Council.
David (staff member) told council that the Community Investment Committee supported changing the previously discussed 8‑year, 50% tax abatement to an 8‑year, 100% abatement. "If you were to construct a new $500,000 home in the village, an 8‑year 100%…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
