North Ridgeville City Council Meeting Minutes February 2025
City Renews Tax Revenue Agreement with School District
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Description
The North Ridgeville City Council approved the renewal of the tax revenue sharing agreement with the North Ridgeville City School District, effective January 1, 2025, for a five-year term. The agreement facilitates school funding in relation to tax abatement agreements granted by the City.
Contract Details
Vendor
NORTH RIDGEVILLE CITY SCHOOL DISTRICT
Agency
City of North Ridgeville, OH
Contract Type
FINANCIAL_SERVICES
Document Date
February 18, 2025
Contract Term
January 1, 2025 – December 31, 2029 (implied 5 years)
Renewal Date
2029-12-31
Renewal Info
Agreement is reviewed and renewed every five years; dates amended to January 1, 2025.
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