195.07 HOUSING COUNCIL/TAX INCENTIVE REVIEW COUNCIL (TIRC).
   (a)   Community Reinvestment Area Housing Council. A Community Reinvestment Area Housing Council consisting of eight (8) members shall be created as outlined in Ohio R.C. 3735.69. The Housing Council shall consist of residents of the Village of Ottawa of which two members shall be appointed by the Village Council, two (2) members by the Mayor, and one (1) member appointed by the Planning Commission and the Ottawa-Glandorf School Board. The majority of the members shall then appoint two (2) additional members. Terms of the members of the Housing Council shall be for three (3) years. An unexpired term resulting from a vacancy in the Housing Council shall be filled in the same manner as the initial appointment was made. The original committee appointments shall include three (3) one year terms and four (4) three year terms, to insure overlapping terms. The Mayor, Village Council and the Housing Council shall each appoint one member to a three (3) year term.
   (b)   Tax Incentive Review Council (TIRC). A Tax Incentive Review Council (TIRC) shall be established pursuant to Ohio R.C. 5709.85, and shall consist of three (3) representatives appointed by the Board of County Commissioners, two (2) representatives of the municipal corporation, appointed by the Mayor with Council concurrence, the County Auditor or designee, and a representative of each affected Board of Education. At least two (2) members must be residents of the Village of Ottawa. The TIRC 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 the Village Council as to continuing, modifying or terminating said agreement based upon the performance of the agreement. (The existing TIRC may be used.)
(Ord. 14-20. Passed 11-24-14.)