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Ordinance 2014-51
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Ordinance 2014-51
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Last modified
11/17/2014 8:21:32 AM
Creation date
9/16/2014 11:30:36 AM
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North Olmsted Legislation
Legislation Number
2014-51
Legislation Date
8/5/2014
Legislation Title
Amend and Re-Establish Chapter 171 Community Reinvestment Tax Abatements
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notification and, if applicable, approval procedures and requirements involving the Board of <br />Education, the County Auditor and the Ohio Department of Development. City Council shall <br />approve no tax exemption agreement pursuant to this section unless the agreement includes a <br />provision which states that the applicant shall require all contractors and subcontractors on the <br />project to pay prevailing wages, as that term is described in Ohio R.C. 4115.05, to all laborers, <br />workmen and mechanics who work on the project. <br />(e) After a tax exemption agreement is finally approved, the City's Tax Incentive Council <br />shall thereafter monitor the property owner's compliance with all of the provisions of the <br />agreement, and make recommendations to the City Council, as provided for by state law. <br />
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