Summary

Council Approves 12-Year Industrial Tax Break

HilliardApr 27, 20262 min read

At a glance

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Council approved a 12-year, 75% Community Reinvestment Area tax abatement for a proposed 72,000-square-foot speculative industrial building, with a minimum commitment of 75 jobs. The vote was 5-2.

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City Council

Topics discussed

TransportationBudget & TaxEducationCommerce

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What this means

The agreement gives the project a substantial property-tax reduction for 12 years to support new industrial development. Staff said the project’s projected job creation exceeds the 75-job minimum. Council also approved a conditional use for a 70,644-square-foot elementary school and approved several community initiatives.

Key decisions

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Approved a 12-year, 75% Community Reinvestment Area tax abatement for WeaverFlex LLC’s proposed 72,000-square-foot industrial building; the vote was 5-2.
Approved conditional use for a new 70,644-square-foot elementary school at 2900 Walker Road; the vote was 7-0.
Approved a public art mural application for the Franklin County Fairgrounds; the vote was 7-0. The mural is expected to be completed by August 1.
Approved appointments to the City’s Age-in-Place Advisory Committee; the vote was 7-0.
Approved City membership in the AARP Network of Age-Friendly Communities; the vote was 7-0.
Approved the proposed street-sweeper purchase agreement; the vote was 7-0.

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