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payments in lieu of real property taxes; establishing an urban redevelopment tax increment equivalent fund for the deposit of service payments, making related authorizations pursuant to Ohio Revised Code Sections5709.41, 5709.42, 5709.43 AND 5709.83; and authorizing a service payment agreement in connection with the same. (pg. 32) President O'Malley noted that the Housing, Planning, & Development Committee has heard past legislation related to tax increment financing and has become very knowledgeable on the subject matter, which inclined him to refer Ordinance 06-2021 to that committee. President O'Malley made a motion, seconded by Vice President Litten to refer Ordinance 06- 2021 to the Housing, Planning, & Development Committee. A roll call vote was taken as follows: Yeas —Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner Nays —None Motion passed. Ordinance 06-2021 was referred to the Housing, Planning, & Development Committee. 11. ORDINANCE 07-2021 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, declaring improvement to real property within the City of Lakewood, Ohio to be a public purpose; exempting such improvement from real property taxation; requiring the owners of the property to make service payments in lieu of real property taxes; establishing an urban redevelopment tax increment equivalent fund for the deposit of service payments, making related authorizations pursuant to Ohio Revised Code Sections5709.41, 5709.42, 5709.43 AND 5709.83; and authorizing a service payment agreement in connection with the same. (pg. 54) President O'Malley made a motion, seconded by Vice President Litten to refer Ordinance 07- 2021 to the Housing, Planning, & Development Committee. A roll call vote was taken as follows: Yeas —Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner Nays —None Motion passed. Ordinance 07-2021 was referred to the Housing, Planning, & Development Committee. ....LIQUOR PERMITS.... 12. Liquor permit notice regarding Sacred Hour Inc 17917-19 Detroit Ave. (pg. 76)