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Council President Brossard:
<br />Director of Finance Coffer, do you have a report this evening?
<br />Finance Director Copfer:
<br />Yes, I do. A brief one.
<br />The Auditor of State released our 2020 Financial Report today publicly. While it was
<br />done at the end of lune, because we have outside auditors, it has to go through a
<br />desk review, and then it takes up to two weeks after that desk review, to then be
<br />released. So it is on their website and I have a copy of it to go on our website, and I
<br />will be sending out an email. I'm not going to print a copy for each of you because
<br />it's over 200 pages, and I'm sure you could really use it for your book, Bea can make
<br />a copy if you'd like to, and that concludes my report.
<br />Council President Brossard:
<br />Thank you. Moving into Council Committee Reports, Councilman Limpert, Chairman of the
<br />Building Zoning and Development Committee, do you have a report this evening?
<br />Councilman Limpert:
<br />I do, Mr. President, and Madam Mayor, my wife said the exact same thing and I can't
<br />believe we're talking about Trunk or Treat at the beginning of September.
<br />So the Building, Zoning, and Development Committee met on August 27, 2024 at 7:23 p.m.
<br />Present were Committee Members Limpert, Glassburn, Gilchrist. Council Members,
<br />Madden, Scarl, Shymske. The Council President, Mayor, Finance Director, HR Director,
<br />Economic Development Director, Service Director, Safety Director, Special Assistant to the
<br />Mayor, and Guests. On the agenda was PDC Case 85-2024 Schmidt Warehouse, Ordinance
<br />2023-97 Brookpark TIF, Resolution 2023-121 Lorain Corridor Project, Ordinance 2024-62,
<br />the Zoning Text Amendment.
<br />First, the PDC Case 85-2024 Schmidt Warehouse. This was held in committee by a
<br />request of the administration by a vote of 3-0.
<br />Next was Ordinance 2023-97 the Brookpark TIF. Which was a request to establish a
<br />TIF District for certain businesses, residential parks, pools of real estate within the
<br />Brook Park Road area as defined in Exhibit A, and listed in Exhibit B, which is
<br />generally from Columbia Road to the Eastern City border. The TIF is going to cover a
<br />number of uses, with this initial focus being a replacement and increased capacity,
<br />and a waterline crossing under 1-480 to Grace Road, which was driven as part of the
<br />Kingston Townhomes construction project, which is estimated replacement of
<br />approximately $500,000.00. The Economic Development Director provided a benefit
<br />analysis of the TIF and cost of the infrastructure investment and anticipated a
<br />greater than $800,000 benefit for the additional Capital benefits, to be used within
<br />the Brookpark Road TIF. After several discussions on whether the budget could
<br />handle the percentage of that tax base, that would typically go to general fund.
<br />Other questions on how we could use the future capital investment. The TIF was
<br />recommended by Committee by a vote of 3-0.
<br />• Next on the agenda was Resolution 2023-121, the Lorain Corridor Project. This
<br />resolution is a strategic framework with a broad range of improvements for Lorain
<br />Road. A focus on reducing curb cuts, removing visual clutter, improving vehicle,
<br />biking, pedestrian, and public transit experience along the road, and is broken up
<br />into a number of nodes or zones, as we progress through the strategic plan in
<br />09-03-24 Council Meeting Minutes -Page 3
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