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1608-2025

To authorize the Director of the Department of Development to enter into a Community Reinvestment Area Agreement with Dach Family Limited Partnership for a property tax abatement of seventy-five percent (75%) for a period of fifteen (15) consecutive years on real property improvements in consideration of the proposed total investment of approximately $8,000,000.00 to expand its’ current distribution facility, the creation of four (4) net new full-time permanent positions with an estimated annual payroll of approximately $191,360.00 and the retention of twenty-two (22) full-time jobs with an estimated annual payroll of approximately $1,381,961.00.

Ordinance Passed Introduced June 3, 2025

What this record is

Held by
Dach Family Limited
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
Economic Development & Small and Minority Business Committee
Requested by
Dev Drafter
Introduced
June 3, 2025
On agenda
June 30, 2025
Passed
July 2, 2025

Where it was heard

Columbus City Council Jun 30, 2025 Approved Pass Columbus City Council Jun 23, 2025 Read for the First Time

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