There is hereby established a Tax Abatement Commission consisting of seven (7) members to be appointed by the Mayor, and approved by the Council. Three (3) of the initial appointments shall be for terms ending one (1) year after the date the appointments were approved. The remaining initial appointments shall be for a term ending two (2) years after the date of the appointments were approved. Thereafter, terms of office shall be for two (2) years, with each term ending on the same date of the same month as did the term that it succeeds.
(Ord. No. 2010-88. Passed 10-10-88, eff. 10-13-88)
The Tax Abatement Commission shall evaluate, develop and recommend a commercial tax abatement policy to the Mayor and review proposed commercial tax abatement projects of significance. The commercial tax abatement policy report from the Commission must be submitted to the Mayor within forty-five (45) days after appointment of the seven (7) members to the Commission. All specific proposal review shall be submitted to the Mayor within forty-five (45) days of receipt by the Commission of the proposal.
(Ord. No. 2010-88. Passed 10-10-88, eff. 10-13-88)
An application for tax abatement of real property taxes for a community urban redevelopment corporation qualifying under RC Chapter 1728 shall be addressed and submitted to the Mayor on a form certifying such facts and data as are prescribed by the Director of Economic Development.
(Ord. No. 821-89. Passed 4-10-89, eff. 4-14-89)
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