03/03/2026 Meeting Minutes - Laserfiche WebLink

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Council Clerk: Mr. Limpert... oh, I'm sorry. Councilwoman Gilchrist: But I wouldn't think that my final answer would be no, but I just had a couple more questions about it. Thank you. Council Clerk: Mr. Limpert: Yes, with comment. So there's a couple considerations and concerns that I've had in this, throughout the proposal, and one is the ability to have vehicles be able to get left onto Lorain Road. There's currently no left turn option on Crocker. There's also a lot of traffic that comes right at the corner of Lorain and Stearns, turning right onto Lorain. I've talked to the Mayor, and she is aware of that, and definitely shares my concern to make sure that we don't have a traffic issue similar to what happened at the sheets in North Ridgeville near Lear Nagle. So I expect there to be some further evaluation of that when that goes forward, and then just as a matter of philosophy, I'm not a big fan of removing traffic opportunities on Lorain Road to have traffic flow. I know people are always concerned about speed of traffic, but we invested in infrastructure to have that lane, and I think there's probably other ways to do that. But I'm going to trust the engineers here who say that that's the right way to go, and we'll watch and monitor closely. Thank you. Council President Brossard: The motion to approve PDC plan removal of right turn lane onto Stearns Road is approved by a vote of 6 to 1. Council President Brossard: Councilman Scarl, Chairman of the Finance Committee, do you have a report this evening? Finance Committee Councilman Scarl: do, Mr. President. Thank you. The Finance Committee met on Tuesday, February 24, 2026, at 7:25 p.m. Present were all of Council, the Directors of Finance, HR, Rec, Chief of Staff, and guests. • The first item on the agenda was Ordinance 2026-14 — R6 Motors / Sears Redevelopment TIF. The Finance Committee reviewed a proposed development agreement with R6 Motors, Inc. for demolition of the former Sears building and construction of a new grocery/supercenter at Great Northern Mall. The agreement includes a $600,000 demolition grant payable only after a certificate of occupancy is issued and establishes a 30-year Urban Redevelopment (41) TIF. Under the TIF structure, the base property tax value remains with all taxing entities, while incremental tax revenue would first satisfy school obligations, then reimburse any City administrative costs, with remaining funds reimbursing the developer for eligible, documented construction costs. Council discussed the temporary transfer of title required to establish the TIF, funding sources for the demolition grant, precedent for future mall 03.03-26 Council Meeting Minutes Page