Butler Township Board of Trustees Agenda Packet 2026-05-26
Township Approves $1M TIF Agreement with Yorkshire Reserve
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Description
Butler Township entered into a Tax Increment Financing Agreement with Yorkshire Reserve, LLC for the Oaks of Yorkshire development, allowing up to $1,000,000.00 in infrastructure reimbursement funded solely from TIF revenues. The agreement leverages PILOT payments instead of general township funds.
Contract Details
Contract Amount
Reimbursement capped at $1,000,000.00
Vendor
YORKSHIRE RESERVE LLC
Agency
Town of Butler, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Renewal Info
TIF agreement reimbursement is capped at $1,000,000.00 and is limited to available TIF fund revenues; term governed by underlying TIF legislation.
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Butler Township Board of Trustees Agenda Packet 2026-05-26
Butler Township Board of Trustees Agenda Packet 2026-05-26
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