Public Hearing/Alto PUD Incentives

Circleville City Council will hold a Public Hearing Tuesday, April 15, 2025, at 6:00 p.m. in Council Chambers located in the City Hall Building, 127 S. Court Street, 2^nd FL, Circleville, OH 43113. The Public Hearing will be to hear the following request:

Incentive District TIF

• AN ORDINANCE CREATING THE ALTO-RYAN HOMES 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; REQUIRING THE DISTRIBUTION OF A PORTION OF THOSE SERVICE PAYMENTS TO THE CIRCLEVILLE CITY SCHOOL DISTRICT AND THE PICKAWAY-ROSS CAREER AND TECHNOLOGY CENTER; SPECIFYING THE PUBLIC INFRASTRUCTURE IMPROVEMENTS THAT BENEFIT OR SERVE PARCELS IN THE INCENTIVE DISTRICTS; APPROVING A TAX INCREMENT FINANCING AGREEMENT WITH THE DEVELOPER OF THE INCENTIVE DISTRICTS; AND DECLARING AN EMERGENCY.

PARCEL TIF

• AN ORDINANCE DECLARING THE IMPROVEMENT TO CERTAIN PARCELS IN THE CITY TO BE A PUBLIC PURPOSE AND EXEMPT FROM TAXATION PURSUANT TO ORC 5709.40(B); 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; REQUIRING THE DISTRIBUTION OF A PORTION OF THOSE SERVICE PAYMENTS TO THE CIRCLEVILLE CITY SCHOOL DISTRICT AND THE PICKAWAY-ROSS CAREER AND TECHNOLOGY CENTER; SPECIFYING THE PUBLIC INFRASTRUCTURE IMPROVEMENTS THAT DIRECTLY BENEFIT THE PARCELS; APPROVING A TAX INCREMENT FINANCING AGREEMENT; AND DECLARING AN EMERGENCY.

CRA AMENDMENT

•  AMENDING AND RESTATING ORDINANCE NO. 11-66-2010 IN ORDER TO RE-ESTABLISH, DESCRIBE, AND EXPAND THE BOUNDARIES OF THE CITY OF CIRCLEVILLE COMMUNITY REINVESTMENT AREA; INCREASE THE TERMS AND CATEGORIES OF, AND AMEND ELIGIBILITY REQUIREMENTS FOR, CERTAIN REAL PROPERTY TAX EXEMPTIONS THEREIN; AUTHORIZING AND APPROVING RELATED MATTERS; AND DECLARING AN EMERGENCY.

CRA AGREEMENT

• AUTHORIZING THE MAYOR TO ENTER INTO A RESIDENTIAL COMMUNITY REINVESTMENT AREA AGREEMENT FOR REAL PROPERTY LOCATED WITHIN THE CIRCLEVILLE COMMUNITY REINVESTMENT AREA CONSTITUTING MULTI-FAMILY FACILITIES; AUTHORIZING AND APPROVING RELATED MATTERS; AND DECLARING AN EMERGENCY.