City of Delaware Council Meeting Agenda April 27, 2026
City, County Move to Amend Sawmill Parkway TIF Deal
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Description
The City of Delaware is considering Ordinance 26-13 to authorize a First Amendment to its Sawmill Parkway Cooperative Agreement with Delaware County. The amendment adjusts TIF areas and prioritizes residential TIF revenues to repay the City’s remaining cost share for the Sawmill Parkway extension.
Contract Details
Vendor
DELAWARE COUNTY
Agency
Town of Delaware, OH
Contract Type
FINANCIAL_SERVICES
Document Date
April 25, 2026
Renewal Info
Amends the 2015 Sawmill Parkway Cooperative Agreement by redefining TIF areas, removing early termination language, and adding provisions to prioritize residential TIF revenues until the City’s total balance due to the County is paid in full; all other terms remain in effect.
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