888.04   COMPLIANCE WITH STATE APPLICATION FEE REQUIREMENTS.
   All commercial and industrial projects are required to comply with the State application fee requirements of Ohio R.C. 3735.62(C) and the local annual monitoring fee of one percent of the amount of taxes exempted under the agreement - a minimum of five hundred dollars ($500.00) up to a maximum of two thousand five hundred dollars ($2,500.00) annually. Council may choose to way the local annual monitoring fee on a case-by-case basis.
(Ord. 21-03. Passed 4-28-03.)