PROFESSIONAL_SERVICESONGOING

Delaware-Defiance Joint Economic Development District Contract April 2026

County-Company Development Pact Funds Infrastructure Project

$16,109,200 estimated budget for Public Infrastructure Improvements; AOFF Funding approximately $14,609,200 (grant $7,304,600 and loan $7,304,600); $1,500,000 County Contribution; Company Overruns Contributions as neededTown of DefianceFIRST QUALITY TISSUE MIDWEST LLCApril 6, 2026

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Description

Defiance County continues a Development Agreement with First Quality Tissue Midwest, LLC to support a major two-phase manufacturing project, with an estimated $16.1 million in public infrastructure funded by state AOFF grant and loan funds, a County cash contribution, and potential company overrun payments. A companion JEDD Funding Agreement pledges a significant portion of future JEDD income tax revenues to repay these public infrastructure obligations over time.

Contract Details

Contract Amount

Vendor

FIRST QUALITY TISSUE MIDWEST LLC

Agency

Town of Defiance, OH

Contract Type

PROFESSIONAL_SERVICES

Document Date

April 6, 2026

Contract Term

From Effective Date of Funding Agreement in 2026 until Public Infrastructure Obligations (AOFF Loan, County Contribution, Company Overruns Contributions) are fully repaid or forgiven

Renewal Info

Development Agreement is supported by AOFF Grant and AOFF Loan; repayment obligations are backed by a Payment Guaranty from the Company and an assignment of JEDD revenue contribution. Term extends until infrastructure obligations are repaid or forgiven under AOFF terms.

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