PUBLIC HEARING

AGENDA

City of Stow, OH Logo
STOW PUBLIC HEARING
Council Chambers
3760 Darrow Rd.
Stow, OH

MARCH 6, 2025

TIME: 5:00 P.M.

1.

Call to Order

 

2.

Roll Call

 

3.

Consideration of Business Items 

 

a.

25-064 AN ORDINANCE CREATING THE MILLER’S LANDING TAX INCREMENT FINANCING INCENTIVE DISTRICTS, DECLARING IMPROVEMENTS TO THE PARCELS WITHIN EACH INCENTIVE DISTRICT TO BE A PUBLIC PURPOSE AND EXEMPT FROM REAL PROPERTY TAXATION, REQUIRING THE OWNERS OF THOSE PARCELS TO MAKE SERVICE PAYMENTS IN LIEU OF TAXES, ESTABLISHING A MUNICIPAL PUBLIC IMPROVEMENT TAX INCREMENT EQUIVALENT FUND FOR THE DEPOSIT OF THOSE SERVICE PAYMENTS, AUTHORIZING SCHOOL AND LIBRARY COMPENSATION PAYMENTS, SPECIFYING THE PUBLIC INFRASTRUCTURE IMPROVEMENTS THAT BENEFIT OR SERVE PARCELS IN THE INCENTIVE DISTRICT, AND DECLARING AN EMERGENCY

 

First Reading 2/20/2025

Public Hearing: 3/6/2025

25-064 Millers Land TIF.pdf
Tax Increment (TIF) Fact Sheet.pdf

4.

Public Comment Period

 

5.

Adjournment

 
 
 
ALL PERSONS WITH DISABILITIES:
The City of Stow will make the transition of all city business accessible via any reasonable accommodation. Please contact the Clerk of Council 48 hours in advance for the necessary arrangements.

PLEASE TURN OFF ALL CELL PHONES BEFORE THE MEETING

(Council Agendas, Minutes, Packets and Legislation posted at www.stowohio.org)