Falls Council considering tax abatement for new Giant Eagle
At the first regular meeting back from August recess, Cuyahoga Falls City Council members got back to business Sept. 9, approving three pieces of legislation and introducing several new ordinances.
Among the new legislation, Council will consider a measure that would authorize Director of Community Development Susan Truby to enter into a Community Reinvestment Area Tax Exemption Agreement jointly with the Tamarkin Co., Giant Eagle Inc. and GetGo Partners South LLC.
If approved, the measure would provide economic assistance in the form of a tax abatement in connection with the construction of a Giant Eagle establishment at 2816 State Road. The Giant Eagle and GetGo, a gas station, would be part of Portage Crossing, a retail development being constructed at the site of the former State Road Shopping Center.
City officials said the details of the tax abatement agreement would be discussed during Council’s next regular Community Development Committee meeting Sept. 16 at 6:30 p.m.
On Sept. 16, that committee also will mull legislation that would amend the Community Development Block Grant Annual Action Plan and review contracts for the demolition of all structures at 1337 Anderson Road and garages at 749 Magnolia Ave. and 2481 Northland St.
The Public Affairs Committee also will meet Sept. 16, at around 6:30 p.m., to discuss an ordinance that would issue an encroachment permit to Boston Buckeye Realty LLC for the purpose of installing a business identification sign in a portion of State Road, abutting the property at 1760 State Road.
The committee also will consider legislation that would remove the “drop off zone” designation relative to the curb recess on the east side of Third Street, abutting the Cuyahoga Falls Library at 2015 Third St., and to permit parallel parking at the location.
During the regular meeting Sept. 9, Council approved the final plats for Phase 3A and Phase 3B of Hidden Lakes, a subdivision located north of Wyoga Lake and State roads and east of Cuyahoga Valley National Park. City officials said 60 new single-family homes will be added to the development, if the measure is approved by Council later this month.
Additionally during the meeting, Council provided for the issuance and sale of notes in the principal amount of $1 million in anticipation of the issuance of bonds, for the purpose of paying costs of widening State Road from Graham Road to Quick Road.
Council will hold committee meetings Sept. 16 and a regular meeting Sept. 23, both beginning at 6:30 p.m. at the Natatorium, 2345 Fourth St.
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