Joint Economic Development District Formed to Fund Manufacturing Plant
What happened
A Joint Economic Development District (JEDD) was created involving Defiance County, the city of Defiance, and Delaware Township. Defiance City Council considered ordinances during a regular meeting that established JEDD fund 901 for the First Quality manufacturing plant being constructed west of Defiance. The fund establishment was made possible through an emergency ordinance.
From crescent-news.com
Why it matters
The JEDD structure involves establishing a new shared tax base of 1.8% income tax for economic development. This funding mechanism is intended to support the construction of the First Quality plant and is tied to a required $10,000 match from building owners receiving grants.
From crescent-news.com
Who's involved
- Defiance CountyDefiance County participated in the formation of the JEDD.
- DefianceThe city of Defiance was involved in the JEDD formation.
- Delaware TownshipDelaware Township was included in the JEDD structure.
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The entities involved
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Defiance County
county in Ohio, United States
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Defiance
city in and the county seat of Defiance County, Ohio, United States