City of Delaware Compensation Agreement With Schools Approved
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Description
The Board of Education approved participation in a compensation agreement with the City of Delaware and PPG Industries Ohio, Inc. under a 15-year Community Reinvestment Area abatement with a 30% PILOT structure. This agreement defines how PILOT funds will support the school district during PPG’s expansion.
Contract Details
Vendor
CITY OF DELAWARE
Agency
Delaware City Schools, OH
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
15-year Community Reinvestment Area abatement period (100% abatement with 30% PILOT)
Renewal Info
Agreement term is aligned with the 15-year CRA abatement; any extension or change would require future approval by the Board and the City.
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