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Waverly approves TREX transfer enabling Aldi to buy local liquor license
Summary
Council approved Resolution 53-2026, authorizing an economic development transfer form (TREX) so Aldi Incorporated Ohio can purchase a liquor license from Parmar Oil Company; Mayor Richard Henderson was authorized to sign the TREX on the village's behalf.
The Waverly City Council approved an economic development transfer (TREX) allowing Aldi Incorporated Ohio to purchase a liquor license from Parmar Oil Company. The TREX form was described in the resolution text and attached as an exhibit; council authorized Mayor Richard Henderson to sign the form on behalf of the village and the resolution passed by roll call.
Council did not discuss the terms of the retail transaction at length in the recorded discussion; the resolution states the TREX is attached as exhibit A and the mayor is authorized to sign. The action authorizes the local approval step required for the economic development transfer associated with the license purchase and took effect as soon as allowed by law, per the resolution text.
