City of North Ridgeville Community Reinvestment Area Housing Council Meeting Agenda Packet 2026-05-19
Avenue at North Ridgeville Abatement Continued One Year
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Description
The North Ridgeville CRA Housing Council voted unanimously to continue Avenue at North Ridgeville’s 15-year 100% tax abatement through 2034 despite recent employment and payroll shortfalls. The Council called for follow-up on reporting discrepancies and hiring plans while the agreement and associated school donation continue in force.
Contract Details
Vendor
AVENUE AT NORTH RIDGEVILLE
Agency
City of North Ridgeville, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
2020 / 15 yrs; Class 3 tier; Abatement 100% through 2034; 100 full-time and 20 part-time jobs within 3 years; 50% of school abatement donation
Renewal Date
2034-12-31
Renewal Info
15-year CRA tax abatement beginning in 2020 with 100% abatement through 2034 and job creation requirements of 100 full-time and 20 part-time positions within three years, plus a 50% school abatement contribution. In April 2025, Housing Council approved continuance for another year with monitoring of staffing and payroll.
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City of North Ridgeville AgendaPacket 2026-06-01
City of North Ridgeville Agenda Regular City Council Meeting 2026-06-01
City of North Ridgeville Agenda Regular City Council Meeting 2026-06-01
City of North Ridgeville Community Reinvestment Area Housing Council Meeting Agenda Packet 2026-05-19
City of North Ridgeville Community Reinvestment Area Housing Council Meeting Agenda Packet 2026-05-19
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