WILMINGTON — Things are looking up for the city’s economy according to the Judiciary Committee at Thursday’s Wilmington City Council meeting.
Three resolutions were passed during the committee’s report, all involving businesses in Wilmington.
The first one authorized an amended Ohio Enterprise Zone Program agreement with OHI Greenhouse, LLC — Bright Farms. The program is “an economic development tool administered by municipal and county governments that provides real and personal property tax exemptions to businesses making investments in Ohio”, according to the Ohio Development Services Agency’s website.
The other two were authorizing a Revolving Loan Fund (UDAG) for two developing businesses in the downtown area — one for Jason Vaughan and TinCap, LLC, and the other for John and Joann Schum at 39 N. South St., LLC — the former location of the South Street Wine Gallery.
“I think it’s just neat, the development downtown,” said Committee Chair Matt Purkey. “This fund is such a nice way to develop these things.”
Purkey also told council there would be a public hearing set for the Nov. 15 council meeting in regards to the city zoning update.
“Should everything go according to plan, after that we’ll move towards legislation,” he said.
Also during council:
• Council member Jonathan McKay was appointed temporary Council President for Thursday’s meeting due to President Mark McKay out of town traveling, and Council President Pro Tem Kelsey Swindler out due to the birth of her first child this week.
Reach John Hamilton at 937-382-2574