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Submitted By  Meeting Date:Type   _Title___________________________________________  _Department________________
08/07/2012:AD  Montgomery County - New TIF District  Economic Development
  This agenda item is for discussion of the creation of a new Tax Increment Financing (TIF) district in Huber Heights (Montgomery County).  The phe roposed TIF district would be situated along Bellefontaine Road beginning at the Fishburg Road intersection and encompassing 64 acres heading north to the Chambersburg Road intersection. 
08/07/2012:AD  Miami County - New TIF Districts  Economic Development
  This agenda item is for discussion of the creation of two new Tax Increment Financing (TIF) districts in Huber Heights (Miami County). 

The first proposed TIF district would be situated along U.S. Route 40 beginning at the Westfield Drive intersection near the Windbrooke subdivision and encompassing 20+/- acres heading west toward State Route 202. 

The second proposed TIF district would be situated along State Route 202 beginning near Laserplane Lane and encompassing 39 acres heading north past the Parktowne subdivision. 
Donnie Jones 09/10/2012:CC  Supplement to DEC Amended and Restated Development Agreement  Economic Development
  This ordinance supplements the current agreement with DEC regarding Carriage Trails.  This agreement allows the City Manager to enter into a supplemental agreement, a land purchase agreement and a land option agreement.  The City will purchase Sections 1 and 3 of the Carriage Trails subdivision (approximately 60 acres of multi-family designated land) and allow DEC an option to repurchase the land at a later date.  DEC will agree to construct additional 73 lots in Sections 4, 5, 9, and 15 using their own or private funds.
Donnie Jones 09/24/2012:CC  Issuance of Notes - $1,900,000 - DEC  Economic Development
  This ordinance allows the City to issue notes in an amount ont to exceed $1.9 million to fund the purchase of 60 acres of land to be used for commercial purposes in the Carriage Trails development.  The authority to purchase this land was passed at a prior meeting.  Should the purchase transaction not close, the City will use these funds to repay the notes.
Donnie Jones 09/24/2012:CC  Issuance of Notes - $600,000 - PECo  Economic Development
  This ordinance allows the City to issue notes in an amount not to exceed $600,000 to fund the purchase of approximately 31 acres of land in Miami County to be used for commercial purposes in support of the PECo expansion.  The authority to purchase this land was passed at a prior meeting.  Should the purchase transaction not close or the City not finalize a development agreement, the City will use these funds to repay the notes.
Donnie Jones 10/02/2012:AD  Public Hearing - Issuance of Notes/Bonds  Economic Development
  There is a public hearing scheduled for October 8, 2012 by the Huber Heights City Council for the purpose of considering the approval of the issuance of not to exceed $17,000,000 in Multifamily Housing Mortgage Revenue Bonds pursuant to Ohio Revised Code Chapter 133.51.  The issuance of these types of bonds require the City to hold a public hearing prior to passage of legislation authorizing the bonds. 
 
The bonds do not represent or constitute a debt or pledge of the faith and credit or the taxing power of the City of Huber Heights.  The proceeds of the notes will be loaned to Alcore Huber, LLC for the purpose of financing the costs of acquisition, construction, installation and equipping of a 78 unit senior living campus located on approximately 18 acres at the intersection of Fishburg Road and Bellefontaine Road.
Donnie Jones 10/08/2012:CC  AlcoreSenior - Issuance of Notes/Bonds  Economic Development
  This legislation is to approve the issuance of not to exceed $17,000,000 in Multifamily Housing Mortgage Revenue Bonds pursuant to Ohio Revised Code Chapter 133.51.  The bonds do not represent or constitute a debt or pledge of the faith and credit or the taxing power of the City of Huber Heights.  The proceeds of the notes will be loaned to Alcore Huber, LLC for the purpose of financing the costs of acqusition, construction, installation and equipping of a 78 unit senior living campus located on approximately 18 acres at the intersection of Fishburg Road and Bellefontaine Road.
Donnie Jones 10/08/2012:CC  TEFRA Public Hearing - Issuance of Notes/Bonds - AlcoreSenior - ZC 12-34  Economic Development
  There is a public hearing scheduled for October 8, 2012 by the Huber Heights City Council for the purpose of considering the approval of the issuance of not to exceed $17,000,000 in Multifamily Housing Mortgage Revenue Bonds pursuant to Ohio Revised Code Chapter 133.51.  The issuance of these types of bonds require the City to hold a public hearing prior to passage of legislation authorizing the bonds. 
 
The bonds do not represent or constitute a debt or pledge of the faith and credit or the taxing power of the City of Huber Heights.  The proceeds of the notes will be loaned to Alcore Huber, LLC for the purpose of financing the costs of acqusition, construction, installation and equipping of a 78 unit senior living campus located on approximately 18 acres at the intersection of Fishburg Road and Bellefontaine Road.
Donnie Jones 10/08/2012:CC  DEC Infrastructure - $1,900,000 - Issuance of Notes/Bonds  Economic Development
  This ordinance will allow the City to issue notes to finance a portion of the public infrastructure at Carriage Trails.  Ultimately, these bonds will be repaid by future TIF revenue.  This issue will be tax exempt and will be used only for public infrastructure to help develope 126 lots within Carriage Trails.  The City will recieve 60 acres of commercial land within Carriage Trails as additional security for this financing.
Donnie Jones 10/08/2012:CC  DEC Development Agreement - Repeal and Amendment  Economic Development
  This ordinance repeals Ordinance No. 2012-O-1977 which allowed the City to purchase 60 acres of land within the Carriage Trails subdivision for $1.8 million and allowed DEC the option to repurchase the land at a later date if they so desired.  This ordinance repeals that ordinance and continues to allow the City to advance TIF revenue to the project in the amount of $1.8 million in additional funds.  The City will use these funds to reimburse the developer for the cost of public infrastructure within the property.  The developer will agree to produce 126 new lots by this time next year.  The developer will also agree to donate 60 acres of land to the City free of all encumbrances and the City will offer an option to the developer to repurchase the land should they see fit within two years at a cost of $30,000 per acre. 
Donnie Jones 10/22/2012:CC  DEC Development Agreement - Repeal and Amendment  Economic Development
  This ordinance repeals Ordinance No. 2012-O-1977 which allowed the City to purchase 60 acres of land within the Carriage Trails subdivision for $1.8 million and allowed DEC the option to repurchase the land at a later date if they so desired.  This ordinance repeals that ordinance and continues to allow the City to advance TIF revenue to the project in the amount of $1.8 million in additional funds.  The City will use these funds to reimburse the developer for the cost of public infrastructure within the property.  The developer will agree to produce 126 new lots by this time next year.  The developer will also agree to donate 60 acres of land to the City free of all encumbrances and the City will offer an option to the developer to repurchase the land should they see fit within two years at a cost of $30,000 per acre. 
Anthony Rodgers 10/17/2012:AD  DEC - Carriage Trails - Special Assessments - Section 9-1 and DEC Development Agreement Amendment  City Council
  DEC has petitioned the City to construct certain public infrastructure in Section 9-1 of their Carriage Trails subdivision.  This legislation accepts this petition, acknowledges the necessity of constructing public improvements within Section 9-1 of Carriage Trails subdivision, and allows for the assessment of a portion of the cost of installing the public infrastructure to be paid by the City and then recovered by assessing the lots benefited by the public improvements.  The assessments will be at $6,000 per lot for 20 lots for a total of $120,000 plus interest to be assessed to the property.  The annual amount of the assessments will be $450.00 per year for 25 years.

There is also a need to repeal the legislation to approve an amendment to the DEC agreement that was passed by City Council on September 10, 2012.  The agreement has been modified to include the change in the donation of the 60 acres of land and other changes.  There is legislation to repeal the previously passed ordinance and then a new ordinance to approve the new amendment to the DEC agreement with the supporting documentation.

 












Donnie Jones 10/22/2012:CC  DEC Development Agreement - Repeal  Economic Development
  This ordinance repeals Ordinance No. 2012-O-1977 which allowed the City to purchase 60 acres of land within the Carriage Trails subdivision for $1.8 million and allowed DEC the option to repurchase the land at a later date if they so desired.  This ordinance repeals that ordinance and continues to allow the City to advance TIF revenue to the project in the amount of $1.8 million in additional funds.  The City will use these funds to reimburse the developer for the cost of public infrastructure within the property.  The developer will agree to produce 126 new lots by this time next year.  The developer will also agree to donate 60 acres of land to the City free of all encumbrances and the City will offer an option to the developer to repurchase the land should they see fit within two years at a cost of $30,000 per acre. 
Donnie Jones 10/22/2012:CC  DEC Development Agreement - Sixth Amendment  Economic Development
  This ordinance replaces Ordinance No. 2012-O-1977 which allowed the City to purchase 60 acres of land within the Carriage Trails subdivision for $1.8 million and allowed DEC the option to repurchase the land at a later date if they so desired.  This ordinance replaces that ordinance and continues to allow the City to advance TIF revenue to the project in the amount of $1.8 million in additional funds.  The City will use these funds to reimburse the developer for the cost of public infrastructure within the property.  The developer will agree to produce 126 new lots by this time next year.  The developer will also agree to donate 60 acres of land to the City free of all encumbrances and the City will offer an option to the developer to repurchase the land should they see fit within two years at a cost of $30,000 per acre.