A Tax Incentive Review Council (the "TIRC") shall be established pursuant to Ohio R.C. 5709.85. The TIRC shall consist of three representatives appointed by the county, two representatives appointed by the Mayor with concurrence of City Council, the County Fiscal Officer (or his/her designee) and a representative of each affected board of education located in the City CRA, including any joint vocational school district. At least two members of the TIRC shall be residents of the City. 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 City Council as to continuing, modifying or terminating said agreement based upon the performance of the agreement.
(Ord. 2016-2. Passed 2-8-16.)