(A) The Ohio Enterprise Zone Act (“the Act”), under R.C. §§ 5709.61 through 5709.69 has authorized counties, with the consent and agreement of affected municipalities and townships therein, to amend areas of Enterprise Zones and to execute agreements with certain enterprises for the purpose of establishing, expanding, renovating or occupying facilities and hiring new employees and preserving jobs within said zones in exchange for specified local tax incentives granted by the county.
(B) The Village Council, upon due consideration, desires to implements said Act and to designate an Enterprise Zone within the boundaries of the village to promote economic welfare of said municipality.
(C) It is necessary for the Council to formally request from the County Commissioners (“The Board”) the inclusion of the municipality in an Enterprise Zone amendment and to include such an ordinance in a petition to the Director of Development of the state to certify the area described as such a zone.
(D) The Council finds and determines that designation of the zone pursuant to the R.C. § 5709.632 will promote economic welfare of the residents of the municipality by creating new jobs and retaining and preserving existing jobs and opportunities within such areas and is in the best interest of said municipality.
(E) The Council understands that the Board of County Commissioners is required by law to administered all Enterprise Zones and agreements within the county and will therefore appoint a designee to be responsible for:
(1) The establishment and operation of the Tax Incentive Review Council as specified in R.C. § 5709.85;
(2) To ensure that the Enterprise Zone Agreements contain the information required in R.C. § 5709.632, including, but not limited to, a description of the project, the amount, to be invested, the number of jobs created and/or retained, the annual new payroll associated with these jobs, and the specific percentage and term of the tax exemptions being granted toward real and/or person property;
(3) To forward copies of all Enterprise Zone Incentive Agreements to both the State Department of Development and the State Department of Taxation within 15 days after the agreement is entered into, as specified in the Ohio Revised Code;
(4) To notify affected school boards of proposed projects a minimum of 14 days prior to formal local legislative consideration and to include comments by the school boards as part of the review process are required under R.C. § 5709.83;
(5) To maintain a centralized record of all aspects of the Zone, including copies of the agreements, a list of the members of the Tax Incentive Review Council, and a summary of the Tax Incentive Review Council’s annual review of each agreement; and
(6) To submit a comprehensive annual zone activities on or before March 31 of each year pursuant to R.C. § 5709.68.
(F) The Council is requesting amendment of an Enterprise Zone which includes all or part of the municipal corporation and meets the population boundary and distress requirements to be certified as an Enterprise Zone under R.C. § 5709.632.
(Ord. 1315-04, passed 5-17-2004)