A Tax Incentive Review Council has been established pursuant to Ohio R.C. 5709.85 and consists of three representatives appointed by the Board of County Commissioners, two representatives of the Municipal Corporation, appointed by the Mayor with City Council concurrence, the County Auditor or designee, a representative of each affected board of education, and two members of each affected township appointed by the Board of Township Trustees. At least two members must be residents of the City of Chillicothe. The Tax Incentive Review Council shall review annually the compliance of all agreements involving the granting of exemptions for commercial or industrial real property improvements under Ohio R.C. 3735.671 and make written recommendations to City Council for continuation, modification or cancellation of said agreement based upon the performance of the agreement.
(Ord. 20-11. Passed 2-28-11.)