File #: O-281-24    Version: 1 Name:
Type: Ordinance Status: Approved
File created: 5/20/2024 In control: Economic Development Department
On agenda: 6/5/2024 Final action: 6/5/2024
Title: Authorizing the Mayor to enter into an amended Eugene F. Kranz Toledo Express Airport Joint Economic Development District ("JEDD") contract with the Board of Trustees of Swanton Township, Lucas County, Ohio, and Monclova Township, Lucas County, Ohio, for the purpose of expanding the JEDD territory; making certain findings with respect thereto; and declaring an emergency.
Attachments: 1. Third Amendment TEA JEDD, 2. TEAJEDDExpansion_6.5.2024


Label
TEA JEDD Amendment
Department of Economic Development
Brandon Sehlhorst (x1692)
Revised

Title
Authorizing the Mayor to enter into an amended Eugene F. Kranz Toledo Express Airport Joint Economic Development District ("JEDD") contract with the Board of Trustees of Swanton Township, Lucas County, Ohio, and Monclova Township, Lucas County, Ohio, for the purpose of expanding the JEDD territory; making certain findings with respect thereto; and declaring an emergency.

Body
SUMMARY & BACKGROUND:
Pursuant to the authority of Ordinance 539-14 passed on December 2, 2014, the City entered into a JEDD Contract with Swanton Township, Lucas County, Ohio, and Monclova Township, Lucas County, Ohio, to create a JEDD located on 704 acres of property in the immediate vicinity of the Eugene F. Kranz Toledo Express Airport. The purpose of this economic development district is to facilitate economic growth and development within the territory. Pursuant to the authority of Ordinance 426-21 passed on August 17, 2021, the City entered into an amended the JEDD Contract for purposes of adding properties to the territory.

Petitions have been recently submitted to the Joint Economic Development District Board requesting to include the below 9 parcels of undeveloped land to the district territory:
1. 38-51207 located at 3455 Strayer Road, Monclova Township, Ohio
2. 72-01662 located at 11490 Airport Highway, Swanton Township, Ohio
3. 72-01663 located at 11480 Airport Highway, Swanton Township, Ohio
4. 72-01634 located at 11701 Tailwinds Drive, Swanton Township, Ohio
5. 72-01625 located at 2525 Aviation Drive, Swanton Township, Ohio
6. 72-01626 located at 2251 Aviation Drive, Swanton Township, Ohio
7. 72-01627 located at 11235 Crosswinds Drive, Swanton Township, Ohio
8. 72-01628 located at 11201 Crosswinds Drive, Swanton Township, Ohio
9. 72-00871 located at 11310 Airport Highway, Swanton Township, Ohio

Granting the petition and including the subject properties ...

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