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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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Substitute Exhibit B — August 5, 2014 <br />CHAPTER 171 <br />Community Reinvestment <br />171.01 Community Reinvestment Area established. <br />171.02 Territory included. <br />171.03 Tax exemptions. <br />171.04 Housing Officer designated. <br />171.05 North Olmsted Community Reinvestment Area Housing Council and Tax <br />Incentive Review Council established. <br />171.01 COMMUNITY REINVESTMENT AREA ESTABLISHED <br />For the purposes of fulfilling the requirements of the Act, Council hereby establishes the "North <br />Olmsted Community Reinvestment Area," as a community reinvestment area within the meaning <br />of Ohio R.C. 3735.65(B). <br />171.02 TERRITORY INCLUDED <br />Pursuant to ORC Section 3735.66, the North Olmsted Community Reinvestment Area shall <br />consist of all parcels of land within the corporate limits of the City. Upon the inclusion of any <br />
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