(A) The area designated as the Area No. 1 Community Reinvestment Area constitutes an area in which housing facilities or structures of historical significance are located, and in which new construction or repair of existing facilities has been discouraged.
(B) Pursuant to R.C. § 3735.66, Area No. 1 Community Reinvestment Area, is hereby established in the following described area: All properties in the zoning classification of E-1 as delineated on the official Mt. Healthy Zoning Map. (See Exhibit B attached to Ordinance No. 98-1237)
(1) The Community Reinvestment Area is approximately depicted as the cross-hatched area on the map attached to Ordinance 98-1237, marked Exhibit B, and by this reference incorporated herein.
(2) Only residential, commercial and/or industrial properties consistent with the applicable zoning regulations within the designated Community Reinvestment Area will be eligible for exemptions under this program.
(C) All properties identified in Exhibit A and Exhibit B as being within the designated Community Reinvestment Area are eligible for this incentive. This proposal is a public/private partnership intended to promote and expand conforming uses in the designated area. As part of the project, the city intends to undertake supporting public improvements in the designated area.
(Ord. 98-1237, passed 2-17-98)