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with the applicant and subsequently submitting the same to City Council for approval, the City <br />shall comply with all of the requirements of Sections 3735.65 et seq. and Sections 5709.82 et <br />seq. of the Ohio Revised Code, which are applicable to pre-1994 CRAs as provided for by SB <br />19, including, but not limited, to notification and, if applicable, approval procedures and <br />requirement involving the Board of Education, the County Auditor and the Ohio Department <br />of Development. City Council shall approve no tax exemption agreement pursuant to this <br />Section unless the agreement includes a provision which states that the applicant shall require <br />all contractors and subcontractors on the project to pay prevailing wages, as that term is <br />described in Section 4115.05 of the Ohio Revised Code, to all laborers, workmen and <br />mechanics who work on the project. <br />(E) After a tax exemption agreement is finally approved, the City's Tax Incentive <br />Council shall thereafter monitor the property owner's compliance with all of the provisions of <br />the agreement, and make recommendations to the City Council, as provided for by state law." <br />Be amended, and, as amended, shall read as follows: <br />"171.06 APPLICATIONS FOR EXEMPTION; PROCEDURE. <br />(A) Every application for exemption from real property taxation shall be made to the <br />Housing Officer. If the application involves the remodeling of a single family or two family <br />house, then the Housing Officer shall process the application in strict accordance with the <br />provisions of Sections 3735.65 et seq. of the Ohio Revised Code as applicable to pre-1994 <br />CRAs. If the application involves the remodeling of residential property containing more than <br />two units, or the construction or remodeling of commercial or industrial property, excluding <br />properties primarily used in making retail sales, then the Housing Officer shall immediately <br />forward such application to the Housing Council for its review, analysis and recommendation <br />to the Mayor. <br />(B) Applicants for tax exemption in connection with the remodeling of single family or <br />two family houses shall be charged no application fee. All other applicants shall be charged <br />the following fees: <br />(1) Application fee in the amount of five hundred dollars, which the City shall pay <br />over to the Director of the Ohio Department of Development; and <br />(2) Annual monitoring fee equal to the greater of one percent of the total amount of <br />taxes exempted or five hundred dollars; provided, however, that if the total amount of the <br />taxes exempted exceeds two hundred fifty thousand dollars, the fee shall not exceed two <br />thousand five hundred dollars. This fee shall be paid into the City's Economic Development <br />Fund. <br />(C) The Housing Council shall review all applications for tax exemption within the <br />City's Community Reinvestment Area, except applications involving single family or two <br />3 <br />