The Village Council reserves the right to re-evaluate the Ottawa Community Reinvestment Area annually at which time the Village Council may direct the Housing Officer not to accept any new applications for exemptions as described in Ohio R.C. 3735.67. In the event that Council would change the benefits in this chapter, any project that would qualify will qualify until the next tax year and would be eligible. A completed project would consist of receiving a permit for occupancy during that calendar year of eligibility. The eligible party would utilize the current authorized limits at the date of application for exemption.
(Ord. 14-20. Passed 11-24-14.)
(Ord. 14-20. Passed 11-24-14.)