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FINANCIAL_SERVICESPENDING

City of Upper Arlington Council Meeting Agenda May 11 2026

City Proposes Incentive Agreement With Frazier Financial

$400,000 forgivable loanCity of Upper ArlingtonFRAZIER FINANCIAL ADVISORSMay 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Upper Arlington is considering an economic development incentive agreement with Frazier Financial Advisors involving a $400,000 forgivable loan. In exchange, the firm would invest $1.35 million in office buildout, commit to remain in the city through 2036, and meet contractual payroll and income tax growth targets.

Contract Details

Contract Amount

$400,000 forgivable loan

Vendor

FRAZIER FINANCIAL ADVISORS

Agency

City of Upper Arlington, OH

Contract Type

FINANCIAL_SERVICES

Document Date

May 9, 2026

Contract Term

Through December 31, 2036, plus 5-year right of first refusal to 2041

Renewal Date

2036-12-31

Renewal Info

Agreement includes a ten-year commitment through 2036 with an additional five-year right of first refusal period through 2041; includes clawback provisions and a two-year payback period if performance targets are not met.

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