Ordinance 78-21
To: Members of Dublin City Council
From: Dana L. McDaniel, City Manager
Date: November 2, 2021
Initiated By: Matthew L. Stiffler, Director of Finance
Re: Ordinance No. 78-21 – Establishing A Tax Increment Financing District
(Primrose School)
Summary
Ordinance No. 78-21 proposes the establishment of the Primrose School TIF. Primrose School is
constructing a new two story, 15,850 square-foot child daycare center located on the 3.53 acre
site zoning Bridge Street District – Office Disctrict on the southern half of the parcel. The City is
proposing to create a Tax Increment Finance (TIF) district as authorized by Ohio Revised Code
Section 5709.40.
The location of the Primrose School TIF is within the defined area of the Bridge Street District
Cooperative Agreement between the Dublin City School District (DCS) and the City. As a reminder,
the Cooperative Agreement permits the City to authorize various tax incentives, including TIFs,
within the BSD that provide for the following (for each incentive authorized):
Years 1 – 15 – DCS agrees to forego 100% of the applicable real estate taxes in respect of
the improvements to any particular parcel within the applicable tax incentive district.
Years 16 – 30 – DCS will receive 10% of what it would have received if the applicable tax
incentive district had not been in place.
Additionally, as part of the Cooperative Agreement, DCS waived any right to receive notification of
the passage of any Ordinance or legislation authorizing the real property tax exemptions, though
the City did provide this notice for this ordinance.
For purposes of projecting potential service payments, staff has estimated that the value of the
private improvements will be approximately $2.2 million. Based on the current millage, it is
estimated the TIF will generate approximately $69,150 annually in years 1 – 15 and $62,235
annually in years 16 – 30. These service payments will provide funding for public infrastructure
improvements serving the Bridge Street District included in the Description of Public Infrastructure
Improvements, Exhibit B to the Ordinance.
Recommendation
Staff recommends that Council adopt Ordinance 78-21 at the second reading/public hearing on
November 15, 2021.
Office of the City Manager
5555 Perimeter Center • Dublin, OH 43017-1090
Phone: 614-410-4400 • Fax: 614-410-4490 Memo
A-1
EXHIBIT A
IDENTIFICATION AND MAP OF THE PARCELS
The outlined area on the following map specifically identifies and depicts the Parcels and
constitutes part of this EXHIBIT A.
B-1
EXHIBIT B
PUBLIC INFRASTRUCTURE IMPROVEMENTS
The Public Infrastructure Improvements include any “public infrastructure improvement”
defined under ORC Section 5709.40(A)(8) and all related costs of those permanent improvements
(including, but not limited to, those costs listed in ORC Section 133.15(B)) and the following:
• Roadways. Construction, reconstruction, extension, opening, improving, maintaining,
widening, grading, draining, curbing or changing of the lines and traffic patterns of roads,
highways, streets, intersections, bridges (both roadway and pedestrian), sidewalks,
bikeways, medians and viaducts accessible to and serving the public, and providing signage
(including traffic signage and informational/promotional signage), lighting systems,
signalization, and traffic controls, and all other appurtenances thereto, including, but not
limited to, construction of a roundabout at the intersection of US 33/Riverside Drive/SR
161.
• Parking. Construction, reconstruction, improving, and equipping of surface or structured
public parking facilities.
• Water/Sewer. Construction, reconstruction or installation of public utility improvements
(including any underground municipally owned utilities), storm and sanitary sewers
(including necessary site grading therefore), water and fire protection systems, and all
appurtenances thereto.
• Environmental/Health. Implementation of environmental remediation measures
necessary to enable the construction of the private improvements on the Parcels or the
Public Infrastructure Improvements, and the construction of public health facilities.
• Utilities. Construction, reconstruction, burial or installation of gas, electric and
communication service facilities and all appurtenances thereto, including, but not limited
to mechanical relocations for electric and communications facilities necessary for the
development of the Property, and those associated with improvements described in
“Roadways” above.
• Stormwater. Construction, reconstruction, relocation, modification and installation of
stormwater and flood remediation projects and facilities, both for storm water quantity and
quality, including the payment and reimbursement for such projects and facilities on private
property when determined to be necessary for public health, safety and welfare.
• Demolition. Demolition, including demolition of the existing structures on the Parcels.
• Parks. Construction or reconstruction of one or more public parks and park or recreational
facilities, including grading, trees and other park plantings, park accessories and related
improvements, multi-use trails and bridges, together with all appurtenances thereto.
• Streetscape/Landscape. Construction or installation of streetscape and landscape
improvements including trees, tree grates, signage, curbs, sidewalks, scenic fencing, street
and sidewalk lighting, trash receptacles, benches, newspaper racks, burial of overhead
utility lines and related improvements, together with all appurtenances thereto, including,
but not limited to streetscape improvements in conjunction with and along the roadway
improvements described in “Roadways” above.
• Real Estate. Acquisition of real estate or interests in real estate (including easements) (a)
necessary to accomplish any of the foregoing improvements or (b) in aid of industry,
commerce, distribution or research, including acquisition of interests in the Parcels
necessary for redevelopment of the Parcels.
• Professional Services. Engineering, consulting, legal, administrative, and other
professional services associated with the planning, design, acquisition, construction and
installation of the foregoing improvements and real estate.