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HomeMy WebLinkAbout06-90 Resolution RECORD OF RESOLUTIONS National Graphics Corp" Cols" 0, '*~.}, nr~~bs Form No. 6233-A Resolution No. 06-90 Passed 19u - A RESOLUTION ESTABLISHING A TIME PERIOD FOR THE POST ROAD COMMUNITY REINVESTMENT AREA WITHIN THE CITY OF DUBLIN WHEREAS, the Ohio Revised Code empowers municipal corporations to designate areas as community reinvestment areas; and WHEREAS, it is in the best interests of the citizens of Dublin to designate an area known as the Post Road Community Reinvestment Area as established in Resolution No. 09-87; and WHEREAS, the State law requires that the reinvestment area shall exist for a time period designated by the municipality. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of Ohio, 6 of the elected members concurring that: Section 1. Within the Post Road Community Reinvestment Area established in Resolution No. 09-87, tax exemptions for improvements to real property as described in Section 3735.67 of the Revised Code will be granted for one half (50 percent) of the taxes for a period of five (5) years for the construction of every commercial or industrial structure as described in division C. Section 2. This Resolution be, and the same hereby is, declared to be an emergency measure for the preservation of the public peace, health and safety, and therefore, shall take effect and be in force immediately upon its passage. Passed this 19th day of February , 1990. Attest: /7 JM;uM7~ 'i{~ Clerk of Co ncil I, Frances M. Urban Clerk of Council, hereby' cerffy flat th~ foregoing is a true copy of~fl)OOf{e/Resorl.lt:on Ho,~~6-=9_~_____ duly adopted by the (ound of the City of Dublin, Ohio, on the -! 9t!! day of February 1990 , . ~~~, f{f~ L Clerk of Council, ublin, Ohio