Liberty Township Trustees Meeting Agenda Packet January 2026
Revenue Sharing Agreement with Lakota Local School District Approved
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Description
A Revenue Sharing Agreement with Lakota Local School District was approved, ensuring the district receives its full share of property tax diverted by the Vogelsang Farm TIF for 30 years.
Contract Details
Contract Amount
See agreement; 100% of TIF school share for term
Vendor
LAKOTA LOCAL SCHOOL DISTRICT
Agency
Town of Liberty, OH
Contract Type
FINANCIAL_SERVICES
Document Date
January 6, 2026
Contract Term
30 years (as long as TIF exemption; see Revenue Sharing Agreement)
Renewal Date
2056-12-31
Renewal Info
The agreement ties to the TIF term; annual revenue pass-through until TIF expires.
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