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B. New Business  
City Council Special Meeting Agenda Economic Development  
Meeting Date: 12/21/2012  
TIF District - Montgomery County (Central)
Submitted By: Anthony Rodgers
Department: City Council  
Council Committee Review?:   
Date(s) of Committee Review:    12/04/2012  
Audio-Visual Needs:    None
Emergency Legislation?:    Yes
Motion/Ordinance/
Resolution No.:   
2012-O-2009

Information
Agenda Item Description or Legislation Title
An Ordinance Declaring The Improvement To Certain Parcels Of Real Property To Be A Public Purpose And Exempt From Taxation; Establishing A Tax Increment Equivalent Fund And Providing For The Collection And Deposit Of Service Payments Into That Fund; Specifying The Public Infrastructure Improvements Directly Benefiting The Parcels; Authorizing Compensation Payments To The Huber Heights City School District And The Miami Valley Career Technology Center, And Declaring An Emergency.
(first reading)
Purpose and Background
This is legislation to approve a thirty year TIF district in the central part of the City of Huber Heights in Montgomery County.

Fiscal Impact
Source of Funds: N/A
Cost: N/A
Recurring Cost? (Yes/No): N/A
Funds Available in Current Budget? (Yes/No): N/A
Financial Implications:
Attachments
Ordinance
Exhibit A Map
2012-O-2009

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