All commercial and industrial projects are required to comply with the state application fee requirements of R.C. § 3735.672(C), (currently $750 payable to the state’s Department of Development). Also, as provided for in R.C. § 3735.671(D), all commercial and industrial projects will be subject to a local annual monitoring fee equal to 1% of the amount of taxes exempted annually under the agreement, or a minimum of $500, whichever is greater, up to a maximum of $2,500.
(Ord. 1331, passed 7-19-2005)