(A) A Community Reinvestment Area Housing Council shall be created, consisting of:
(1) Two members appointed by the Mayor;
(2) Two members appointed by the Village Council; and
(3) One member appointed by the Village Planning Commission; and
(4) The majority of the members shall then appoint two additional members who shall be residents within the area.
(B) Terms of the members of the Housing Council shall be for three 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.
(C) A Tax Incentive Review Council (TIRC) shall be established pursuant to R.C. § 5709.85 and shall consist of:
(1) Three representatives appointed by the Board of County Commissioners;
(2) Two representatives of the municipal corporation, appointed by the Mayor with Council concurrence;
(3) The County Auditor or designee; and
(4) A representative of each affected Board of Education.
(D) At least two members must be residents of the village. (Members of the TIRC for the village CRA may be the same individuals that serve on the village’s Enterprise Zone TIRC.) The Tax Incentive Review Council shall review annually the compliance of all agreements involving the granting of exemptions for commercial or industrial real property improvements under R.C. § 3735.671 and make written recommendations to the Council as to continuing, modifying, or terminating said agreement based upon the performance of the agreement.
(Ord. 1331, passed 7-19-2005)