Avon Lake City Council Opposes Charter Amendment for Lake Erie Redevelopment
The latest in this situation
How it started
What happened
The Avon Lake City Council formally opposed a proposed amendment to the City Charter through Resolution No. 26-80. The City's plan to acquire approximately 23 acres of former Avon Lake Power Plant property for a public lakefront park and expanded Lake Erie access relies on Tax Increment Financing (TIF). The City stated that the plan cannot move forward without TIF.
From finanznachrichten.de
Why it matters
The City's ability to proceed with the redevelopment and acquisition of lakefront property is tied to the availability of TIF financing. The proposed amendment would have required additional citywide voter approval for certain TIF legislation and rezoning of former power plant parcels.
From finanznachrichten.de
Who's involved
- cityThe city is planning for expanded public access to Lake Erie.
- city councilThe City Council formally opposed the proposed charter amendment.
How it developed
Newest first. Tap a step to see who reported it.- Richard Shields advises on the redevelopment of Avon Lake, a property near Lake Erie.Sub-event
City Council is seeking TIF financing to acquire land for redevelopment and expanding public access to Lake Erie.1 source
Keep exploring
The entities involved
-
city
large human settlement
Nothing else this week.
-
Lake Erie
one of the Great Lakes in North America
-
city council
legislative body that governs a city, municipality or local government area