(A) Supplemental documentation. The village must find “…that the enterprise submitting the proposal is qualified by financial responsibility and business experience to create and preserve employment opportunities in the zone…” according to the R.C. § 5709.62(C). In order to meet these and other obligations, we are requiring the following documentation:
(1) Company financial statements for the previous three fiscal years including both profit and loss statements and balance sheet; or three year Pro Forms projections if a startup;
(2) Brief history of company and description of the business:
(3) Copy of the most recent tangible personal property tax filing to county or state; and
(4) Legal description of property, including taxing district and parcel numbers.
(B) Definition. For the purpose of this section, the following definition shall apply unless the context clearly indicates or requires a different meaning.
FACILITY. An enterprise’s place of business in a zone, including land buildings, machinery, equipment and other material used in business.
(Ord. 93-8, passed 8-23-1993)