An ordinance declaring improvement to real property within the City of Middleburg Heights, Ohio to be a public purpose; exempting such improvement from real property taxation; requiring the owners of the property to make service payments in lieu of real property taxes; establishing an urban redevelopment tax increment equivalent fund for the deposit of service payments; approving a tax increment financing agreement; making related authorizations pursuant to Ohio Revised Code Sections 5709.41, 5709.42, 5709.43 and 5709.83; and declaring an emergency

Delivered: September 8, 2022
Ordinance No. 2022-76
Introduced By: Mayor Matthew J. Castelli