Granger trustees approve tax abatement guidelines
During the April 14 meeting, the Granger Township Board of Trustees approved tax abatement guidelines for businesses located in the township’s Community Reinvestment Area (CRA).
The general guidelines approved by trustees were for real property investments: of $3 million or greater, 50 percent tax abatement for 15 years; of $1 million to $2,999,999, 50 percent tax abatement for seven years, followed by 40 percent for four years, followed by 30 percent for four years; and of $999,999 and lower, 40 percent for 10 years, followed by 30 percent for five years.
However, those numbers are just guidelines, noted Fiscal Officer Don Baker, and the actual offer for a CRA tax abatement can be adjusted by trustees on an individual basis.
Also at the meeting, trustees passed a resolution supporting the CRA application of S&V Properties, located at 5054 Paramount Blvd.
The business’ total project investment is estimated at about $1.08 million, said Baker, for a single-story 10,000-square-foot office building. The business also has made a compensation agreement with the Highland Local School District to provide $1,000 annually for 15 years, said Baker.
In other business, trustees approved a resolution establishing general rules for food vendors at Granger Park, deciding vendors will be allowed to sell food provided they have the appropriate licensure required by the Medina County Health Department and any profit goes back to the organization hosting activities at the park.
Also, trustees renewed a yearly agreement with AbiBow Recycling. Over the past 12 months, the township has earned $2,450 for paper deposited in its bins, said Baker.
Service Department Director Mark Novak said 3 tons of asphalt were used to patch township roads last week and he anticipates another 3 tons will finish repairs.
Ditching on Granger Road will commence in the near future, he added.
Baker added the township paid $70,792 compared with $50,016 the previous winter for road salting services.
Also, the township bought 1,550 tons of road salt during the most recent winter, compared with 1,190 the year before, with costs for the salt itself $53,209 this winter, compared with $45,443 last year, according to Baker.
Fire Chief Jim Paulett said his department responded to six fire and 21 EMS calls in March.
The Fire Department’s annual Easter Party for township families is set for April 19 at 1 p.m. at the Fire Station.
Also at the Fire Station, a pancake breakfast will be April 27 from 9 a.m. to 1 p.m.
The next meeting is set for April 28 at 4 p.m. at the Township Administration Building, 3717 Ridge Road.
More Community News
Calendar of Events
- Akron Symphony Orchestra - 8/2/2015
- Bobby Selvaggio Quartet - 8/2/2015
- Phil ‘n the Blanks - 8/2/2015
- Natural Discoveries Hiking Series: Sounds of Summer - 8/2/2015
- Colin Dussault - 8/3/2015