The Board of Trustees of Miami Township, Clermont County, Ohio met in regular session at the Miami Township Civic Building on November 4, 2004 with the following members present: Edwin H. Humphrey, Joseph. W. Uecker and Mary Makley Wolff.
MR. UECKER made a motion to adopt the following Resolution:
RESOLUTION AUTHORIZING A TAX ABATEMENT TO TOTAL QUALITY LOGISTICS, INC. AND OAKS ENTERPRISES LTD. THROUGH THE RURAL ENTERPRISE ZONE LEGISLATION, AND DISPENSING WITH THE SECOND READING
WHEREAS, Total Quality Logistics, Inc. (hereinafter referred to as
"Employer") and Oaks Enterprises Ltd. (hereinafter referred to as
"Developer") and collectively referred to as the
"Enterprise" plans to relocate to Miami Township, Clermont County; and
WHEREAS, the Enterprise proposes to retain 117 full-time jobs and create 122 new
full-time jobs in Clermont County; and
WHEREAS, the Enterprise proposes to invest approximately $2,348,000 (Two Million Three Hundred Forty Eight Thousand Dollars) at the project site located in the Park 50 TechneCenter, of which all of this investment is eligible for tax exemption; and
WHEREAS, the Enterprise has requested a tax abatement under the Rural Enterprise Zone of Clermont County, Ohio in Miami Township established by Township Resolution 88-5 and County Resolution 102-89 pursuant to Section 5709.61 through 5709.66 of the Ohio Revised Code.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of Miami Township ("Board"), Clermont County, Ohio by authority of Chapter 504 and Chapter 5709 of the Ohio Revised Code, as follows:
SECTION 1: That the Board in conjunction with the Clermont County Board of Commissioners, does hereby grant the Employer a 60% tax abatement on personal property for a period of seven (7) years.
SECTION 2: That the Board in conjunction with the Clermont County Board of Commissioners, does hereby grant the Developer a 60% tax abatement on real property for a period of seven (7) years.
SECTION 3: That the Board has granted this tax abatement according to the attached formal agreement with the Enterprise.
SECTION 4: That the Clerk of the Board of Clermont County Commissioners is hereby authorized to forward this Resolution and the formal agreement between Miami Township and the Enterprise to the Director of the Department of Development, State of Ohio.
SECTION 5: The Board does hereby dispense with the requirement that this Resolution be read on two separate days, pursuant to Section 504.10 of the Ohio Revised Code, and authorizes the adoption of this Resolution upon its first reading.
SECTION 6: That this Board of Trustees hereby finds and determines that all
formal actions relative to the passage of this Resolution were taken in an open
meeting of this Board, and that all deliberations of this Board and of its
Committees, if any, which resulted in formal action, were taken in meetings open
to the public, in full compliance with applicable legal requirements, including
Section 121.22 of the Ohio Revised Code.
SECTION 7: This Resolution shall take effect at the earliest period allowed by
law.
First Reading: November 4, 2004
Second Reading: Dispensed with
Effective: December 4, 2004
MRS. WOLFF seconded the motion to adopt the Resolution. On the roll call being called the vote resulted as follows:
Mr. Humphrey AYE
Mr. Uecker AYE
Mrs. Wolff AYE
Resolution 2004 - 40 adopted November 4, 2004.