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  10.d.       
Meeting Date: 07/06/2021  
Submitted by: Drew Crawford, Planning & Zoning Administrator

AGENDA ITEM DESCRIPTION OR LEGISLATION TITLE
AN ORDINANCE AUTHORIZING THE CITY OF LORAIN TO ENTER INTO A COMMUNITY REINVESTMENT AREA TAX ABATEMENT AGREEMENT WITH VERMILION SHORES LLC AND DECLARING AN EMERGENCY.
 
PURPOSE AND BACKGROUND
The City of Lorain desires to enter into an abatement agreement with Vermilion Shores LLC, as set forth by the terms and conditions in the Community Reinvestment Area Agreement (For Commercial/Industrial Property).
RECOMMENDATION TO COUNCIL:
Recommended for passage. 
Attachments
Ordinance
CRA Commercial Agreement
Exhibit A
REV Exhibit A

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Form Review
Inbox Reviewed By Date
Upton Max Upton 06/30/2021 04:10 PM
Safety/Service Director Sanford Washington 06/30/2021 04:11 PM
Mayor Bradley Jack Bradley 06/30/2021 04:15 PM
Legal Patrick Riley 07/01/2021 11:50 AM
Form Started By: Drew Crawford Started On: 06/30/2021 02:32 PM
Final Approval Date: 07/01/2021
  
 
VOTE ON PASSAGE
  AYE NAY   AYE NAY
Fallis     Argenti    
Dimacchia     Moon    
Springowski     Carrion    
Henley     Shawver    
McFarland     Thornsberry    
Carter     Arredondo    

    

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