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2026-007 Resolution
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2026-007 Resolution
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Last modified
9/16/2026 3:29:20 PM
Creation date
9/9/2026 1:46:31 PM
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North Olmsted Legislation
Legislation Number
2026-007
Legislation Date
9/8/2026
Year
2026
Legislation Title
Olmsted Township JEDD Agreement - FAILED
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EXHIBIT C <br />ECONONMICI)EVELOP-MENT PLANS FOR DISTRICT <br />The District is created for the establishment of a new project site that will allow for the <br />construction. of the Mixed -use Project depicted in the accompanying Master Plan rendering. The <br />District will allow prospective businesses to expand or locate operations to the District, including <br />retail, restaurant, service, office, and residential components (together with various amenities, <br />including walking traits, outdoor gathering spaces, and recreation areas'). This development is <br />being constructed in response to changes in the market conditions. Establishment of the District <br />will significantly strengthen the tax base for local, county, and state governments for the <br />t <br />foreseeable future. <br />In connection therewith, the following public improvements may be completed: <br />- Maintenance, repair, and improvements to public roadways, intersections., and other <br />public infrastructure surrounding the development parcel(s) including, but not limited to; <br />paving, water lines, sanitary sewer, storm water systems, and all appurtenances thereto. <br />Maintenance and repair of public infrastructure constructed in conjunction with the <br />development, <br />- Other public improvements to be installed by the developer(s). <br />'I"he creation of the District and the development which occurs wilt help to foster <br />economic development, improve property values, strengthen the local tax base. and bring needed <br />investment into our Communities. <br />
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