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(a) Based upon the factual data, reports and conditions of the area designated as an Enterprise Zone, Council hereby finds and determines the area meets the requirements for designation and Council hereby designates the area shown in Exhibit “A” and described in Exhibit “B” to original Ordinance 6-95 as an Enterprise Zone of the City of Fairborn pursuant to and in accordance with requirements of the Act (Ohio R.C. 5709.61 through 5709.69).
(b) Based upon the factual data, reports and conditions of the area designated as an Enterprise Zone, Council hereby finds and determines that the proposed zone has a population of at least 4,000 persons according to the best and most recent data available to the Director of Development and the zone meets the characteristics outlined in Ohio R.C. 5709.61(A). The development of the area proposed as the Enterprise Zone would create and preserve employment opportunities in the zone and would improve the economic climate of the Municipality.
(c) Council hereby petitions the State of Ohio Director of Development to certify that the proposed zone meets the necessary characteristics of Ohio R.C. 5709.61 and certify the area as an Enterprise Zone.
(Ord. 6-95. Passed 3-6-95.)