Title
TO ADOPT THE MODIFIED CITY OF GAHANNA OFFICE & INDUSTRIAL INCENTIVE PROGRAM GUIDELINES PREPARED BY THE DEPARTMENT OF DEVELOPMENT.
Version
dj
Body
WHEREAS, ORD-0212-2002 created the City of Gahanna Office & Industrial Incentive Program Guidelines, which is a statement of policy designed to increase employment opportunities and encourage the establishment of new jobs; and
WHEREAS, the Office & Industrial Incentive Program has been an effective economic development tool used to attract job growth and investment to our community; and
WHEREAS, the Development Department wishes to make modifications to the program guidelines, to expand the targeted areas and types of projects, to expand the considerations for application, to drop the $1 million minimum payroll requirement, and generally increase the flexibility of the program; and
WHEREAS, Council has reviewed the proposed modifications to the City of Gahanna Office & Industrial Incentive Program Guidelines, and is ready to move forward with the adoption of said program guidelines;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That this Council hereby adopts the modified City of Gahanna Office & Industrial Incentive Program Guidelines, prepared by The Department of Development, attached to this ordinance as EXHIBIT A and a part hereof.
Section 2. That this ordinance shall be in full force and effect after passage by this Council and 30 days after date of signature approval by the Mayor.