City Council

City of Trenton REGULAR COUNCIL MEETING October 3rd, 2024 - 7:30 p.m. Ryan Perry Mayor Calvin Woodrey Ray Nichols Jennie Combs Dale Perry Floyd Croucher Sharon Montgomery Vice Mayor Council Member Council Member Council Member Council Member Council Member CALL TO ORDER PRAYER 1. Deacon Larry Gronas ROLL CALL PRESENTATIONS 1. Fire Chief, Darrell Yatter, Promotions To Captain and Lieutenant’s APPROVAL OF MINUTES 1. Minutes of the September 19th, 2024, Council Work Session. 2. Minutes of the September 19th, 2024, Regular Council Meeting. 3. Minutes of the September 26th, 2024, Special Council Meeting. CORRESPONDENCE AUDIENCE OF PUBLIC UNFINISHED BUSINESS PUBLIC HEARINGS NEW BUSINESS 1. A MOTION AUTHORIZING THE CITY FINANCE DIRECTOR TO ISSUE AN ADVANCE, RETURN AN ADVANCE, AND ISSUE VARIOUS CASH TRANSFERS, AS INDICATED IN THE FOLLOWING CHART: LEGISLATION 1. AN ORDINANCE DECLARING THE IMPROVEMENT OF CERTAIN REAL PROPERTY TO BE A PUBLIC PURPOSE PURSUANT TO REVISED CODE SECTION 5709.40 (C); DECLARING SUCH IMPROVEMENT TO BE EXEMPT FROM REAL PROPERTY TAXATION; DESIGNATING PUBLIC INFRASTRUCTURE IMPROVEMENTS TO BE MADE THAT WILL DIRECTLY BENEFIT SUCH PROPERTY; REQUIRING ANNUAL SERVICE PAYMENTS IN LIEU OF TAXES; DESIGNATING A MUNICIPAL PUBLIC IMPROVEMENT TAX INCREMENT EQUIVALENT FUND FOR THE DEPOSIT OF SUCH SERVICE PAYMENTS; AND DECLARING AN EMERGENCY. (First Reading) City of Trenton REGULAR COUNCIL MEETING October 3rd, 2024 - 7:30 p.m. AUDIENCE OF COUNCIL ADJOURNMENT  City Council Work Session Agenda MINUTES September 19th, 2024 6:30 pm 1. City Attorney, Nicholas Ziepfel a. Discuss Auditor of State Fraud Training i. Mr. Ziepfel explained the following Auditor of State Fraud Training. Elaborating that recent change to Ohio Revised Code requires all public officials including employees to participate in Fraud training provided by the auditor of State, the training has to be completed by the end of the month. After the video, it will be documented those that participated the video will be presented during the regular council meeting under presentations. 2. Water Operator In Charge, Dave Combs a. Introduce Michael Bell, Utility Operator i. Mr. Combs introduced, Mr. Bell the new Utility Operator. Mr. Bell is a 1999 graduate of Hamilton High School, studied AutoCAD at Butler Tech in 2003. He comes to Trenton from the City of Fairfield with over 20 years of experience in the water field. Mr. Bell started out as a meter reader, eventually being promoted to operator maintenance foreman over distribution then becoming a water operator for Fairfield’s class 3 water plant. Mr. Bell obtained his class 3 water supply license in 2015. Mr. Bell enjoys photography, working out, and spending time with his wife and three children. Mr. Bell is excited to join Trenton and work for the city. (Staff welcomes Michael to the city of Trenton!) 3. Finance Director, Matthew Mesisklis a. Discuss Correspondence (See Attachment Below) i. August Financial Snapshot 1. Mr. Mesisklis presented the end-of-month financial snapshot, noting that all jurisdictions within Butler County received their second-half property tax settlement. This is reflected in the city’s four major funds: the General Fund, Fire Levy Fund, Police Levy Fund, and the Tax Increment Equivalent Fund. Starting with the General Fund, Mr. Mesisklis reported a property tax collection increase of about $49,000. While this isn't as much as expected from the 30% increase in property values last year, the city's General Fund income tax did increase by $49,000. He then reviewed the Water Revenue Fund, highlighting that $1.5 million across all water funds is due back to the General Fund. The current cash balance is $1.032 million, and after accounting for the $250,000 required by the cash policy, a portion of the refund will be transferred back to the General Fund. This will be addressed in the next council meeting. The Water, Sewer, and Refuse Funds are performing as expected, with collections at 68-69% of their total bills. In August, two- thirds through the year, the city is 2% above its revenue projections, indicating strong financial performance. Next, Mr. Mesisklis discussed the Street Maintenance Fund, which has $552,000 remaining. The 2024 repaving program is currently underway, with additional concrete and street work scheduled in the coming months. Regarding the Police Levy Fund, he reported a $225,000 decline in property tax revenue compared to last year, due to adjustments associated with the expansion of the Tax Increment Fund. The Fire Levy Fund saw a $104,000 decline; however, EMS payments have increased considerably this year and are expected to rise by $40,000 to $50,000 for 2024, bringing the total to approximately $290,000 by year- end, compared to $240,000 in 2023. Mr. Mesisklis then addressed the Tax Increment Equivalent Fund, which currently holds just under $5.2 million in restricted bonds. He also mentioned two smaller funds, including the Carvana Industrial Park TIF. The second-half payment came through, reflecting $116,000 in value from the Carvana plant parcel, and similar collections are expected going forward. The Magnone Industrial Park also contributed to the fund. Additionally, he confirmed that local schools have received their portion of the city's tax increment equivalent items. Income tax collections, Mr. Mesisklis noted, are ahead of schedule, with $2.8 million collected, representing 80% of expected revenues. While April and May saw the bulk of income tax collections, the city still expects to receive around 75% of the total by the end of August. He also noted that delinquent tax collections have exceeded earlier expectations and have maintained a more moderate pace throughout the year. The Property Tax Pilot enroll-back, which combines payments in lieu of taxes and property taxes, is 33% above the initial budget due to incentive agreements. Water service and refuse collections are under 70%, which is on target. Interest revenues are at 90% of expectations, which is favorable given that the city is only two-thirds through the year. Mr. Mesisklis concluded by noting that the Federal Reserve has announced a significant interest rate cut, which will affect the city’s holdings next year. While the city has benefited from high investment returns this year, next year is expected to see slower growth. He added that gas tax revenues are coming in slightly above expectations. 4. Police Chief, Patrick Carr a. Discuss Motion i. Regarding to Authorize Payment In The Amount Of Thirty Five Thousand Six Hundred Fifty Five Dollars And Thirty Nine Cents. For The Annual Software Maintenance And Support To Central Square Technologies. 1. Chief Carr discussed the following motion, noting that its that time of the year to enter into a service agreement for city dispatching console and software associated with that product. Chief Carr noted that this is a 5 year service agreement and the city is coming up to the last year, the city will need to move forward with this to continue operations noting that there could be an electronic issue that the city will need to be prepared for. Mr. Perry asked if this was another five year contract. Chief did confirm that it is a five year contract. 5. City Manager, Marcos Nichols a. Discuss Legislation i. Regarding authorizing the city to participate in America- 250 Ohio communities (Second Reading). Mr. Nichols discussed that in 2026 America will be celebrating its 250th anniversary, this piece of legislation allows the city to participate in various activities and events during the celebration. Mr. Nichols noted that if this were to be passed by council, the city would send this to Columbus and gather a committee to plan for this specific event and receive additional grant funding for events in 2026. b. Executive Session Request i. To consider confidential information related to marketing plans, specific business strategy, production techniques, trade secrets, or personal financial statements of an applicant for economic development assistance and to confer with legal counsel. ii. Purchase of property for public purposes. 6. Council Comments and Questions  Motion – To go into executive session for the reasons noted. (Roll Call Vote) 1st__Mr. Croucher __ 2nd_Mr. Perry_ Time: 6:44PM YAYS: Perry, Woodrey, Croucher, Montgomery Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) Motion - That executive session be adjourned, and the meeting be adjourned. (Roll Call Vote) 1st Vice Mayor Woodrey 2nd Mr. Croucher Time: 7:28 PM YAYS: Perry, Woodrey, Croucher, Nichols, Combs, Perry (6) NAYS: (0) ABSTAIN: (0) ABSENT: Montgomery (1) *Agenda is subject to change  AUG 31, 2024 - CITY OF TRENTON FINANCIAL SNAPSHOT Original Budget Fund Name (2024) YTD Spent (2024) % Spend Revenue Estimate YTD Received % Received CASH Remaining CASH Policy Notes 011 GENERAL FUND $ 5,694,419 $ 5,368,956 94% $ 7,478,900 $ 5,956,838 80% $ 4,193,742 $ 2,631,932 $49k increase in Property Tax 023 WATER DEBT SERVICE FUND $ 454,782 $ 62,391 14% $ 454,782 $ 454,782 100% $ 392,391 025 WATER IMPROVEMENTS FUND $ - $ - 0% $ - $ - 0% $ 300,000 $ 300,000 026 WATER REVENUE FUND $ 3,848,389 $ 1,885,989 49% $ 2,362,500 $ 1,614,936 68% $ 1,032,126 $ 776,932 $1.5m due to GF 027 WATER RATE STABILIZATION FUND $ - $ - 0% $ - $ - 0% $ 300,000 $ 300,000 028 UTILITY CREDIT MEMO $ - $ - 0% $ 25,000 $ 1,338 5% $ 30,825 $ 30,000 036 WATER SYSTEM RESERVE FUND $ 11,500,000 $ 202,410 2% $ 11,940,000 $ 352,556 3% $ 1,125,446 $ 300,000 050 UTILITY DEPOSIT TRUST FUND $ 70,000 $ 39,968 57% $ 50,000 $ 51,750 104% $ 247,869 066 SEWER REVENUE FUND $ 1,864,669 $ 1,475,493 79% $ 1,782,000 $ 1,497,736 84% $ 1,003,327 $ 849,136 076 SEWER RESERVE FUND $ 2,278,072 $ 1,314,705 58% $ 350,000 $ 20,000 6% $ 2,207,602 096 REFUSE REVENUE FUND $ 1,206,393 $ 963,794 80% $ 1,204,000 $ 827,663 69% $ 461,117 102 STREET MAINTENANCE & REPAIR FUND $ 1,033,779 $ 1,139,677 110% $ 721,000 $ 689,048 96% $ 552,887 $580k Repaving program in progress 132 PARKS & RECREATION IMPROVEMENTS FUND $ 2,534,518 $ 25,277 1% $ 2,641,200 $ 145,893 6% $ 261,582 166 STORMWATER PHASE II FUND $ 228,053 $ 165,606 73% $ 270,000 $ 205,380 76% $ 180,959 $ 156,806 192 COUNTY MOTOR VEHICLE LICENSE FUND $ - $ - 0% $ - $ - 0% $ - 202 MUNICIPAL MOTOR VEHICLE LICENSE FUND $ 85,000 $ - 0% $ 85,000 $ 63,475 75% $ 85,982 218 POLICE LEVY FUND $ 3,720,371 $ 2,573,975 69% $ 3,712,000 $ 3,501,412 94% $ 945,070 $225k decline in Property Tax 222 FIRE LEVY FUND $ 1,588,051 $ 960,790 61% $ 1,372,000 $ 1,320,631 96% $ 1,145,484 $184k decline in Property Tax, expected $40k increase in EMS payments 223 FIRE LEVY - CAPITAL & DEBT FUND $ 126,850 $ 33,425 26% $ - $ - $ 133,117 224 FIRE DEPOSIT ESCROW FUND $ 94,472 $ 108,771 115% $ - $ 26,100 $ 26,100 226 CASH BOND DEPOSIT FUND $ 3,178 $ 500 16% $ - $ - $ 106,962 234 GENERAL CAPITAL IMPROVEMENT FUND $ 3,000,000 $ 183,307 6% $ 630,000 $ 689,279 63% $ 3,574,085 250 GENERAL STABILIZATION RESERVE FUND $ - $ - 0% $ - $ 550,000 $ 948,366 $ 569,400 251 PROPERTY REHABILITATION FUND $ 90,000 $ 2,205 2% $ 5,000 $ 13,722 274% $ 183,095 $8k increase in abatement and chronic nuisance 252 MAYOR'S COURT CAPITAL IMPROVEMENTS FUND$ 12,000 $ - 0% $ 2,000 $ 1,694 85% $ 27,278 253 TAX INCREMENT EQUIVALENT FUND $ 3,500,000 $ 1,150,019 33% $ 1,500,000 $ 3,863,629 258% $ 5,160,249 $2.3m increase in PILOT. Funds currently restricted. 254 MUNICIPAL BUILDING PROJECT FUND $ - $ - 0% $ - $ - 0% $ - 255 TIF - CARVANA INDUSTRIAL PARK $ 200,000 $ 132,144 66% $ 300,000 $ 248,622 83% $ 116,478 1st Active year 256 TIF- MAGNODE INDUSTRIAL PARK $ 140,000 $ 43,811 31% $ 200,000 $ 135,737 68% $ 91,927 1st Active year 402 LAW ENFORCEMENT TRUST FUND $ 20,000 $ 2,649 13% $ - $ 35 0% $ 25,614 432 FEDERAL ASSET FORFEITURE FUND $ - $ - 0% $ - $ - 0% $ 2,275 518 UNCLAIMED MONEYS--TRUST FUND $ 1,000 $ - 0% $ 1,000 $ - 0% $ 6,293 890 EMPLOYEE TERMINATION BENEFITS FUND $ 80,000 $ 34,000 43% $ 38,000 $ 25,333 67% $ 149,418 $ 143,361 Grand Total $ 43,373,996 $ 17,869,862 41.2% $ 37,124,382 $ 22,257,590 60.0% $ 25,017,664 $ 6,057,567 MAJOR REVENUES Revenue Est. YTD Received % Rec. The City of Trenton has several funds, dedicated to various purposes of local INCOME TAX $ 3,500,000 $ 2,827,236 80.8% governance. These funds have distinct revenues which they are allowed to collect, AGO DELINQUENT TAX COLLECTIONS $ 600,000 $ 1,898,796 316.5% and equally-distinct categories of spending that each fund can be used to provide for projects and city operations. As good stewards of public finances, the City has policies PROPERTY TAX / PILOT / ROLLBACK $ 4,797,000 $ 6,403,412 133.5% within its various funds to maintain minimum balances based on spending trends. WATER SERVICE $ 2,282,500 $ 1,554,282 68.1% These policies allow Trenton's operations to remain efficient and intact even in times SEWER SERVICE $ 1,782,000 $ 1,212,465 68.0% of crisis. Ample reserves also contribute the City's respectable Bond rating of Aa3, REFUSE SERVICE $ 1,200,000 $ 827,663 69.0% which promotes access to low-interest debt to complete large-scale projects without INTEREST $ 570,000 $ 507,364 89.0% undue debt burden. Reserves also allow for the collection of interest revenue to GAS TAXES $ 590,000 $ 461,297 78.2% further improve the City's financial security. The City holds its funds in StarOhio - VEHICLE REGISTRATION (STATE, COUNTY, CITY) $ 170,000 $ 120,506 70.9% Ohio's Local Goverment Investment Pool - which operates as a liquid money-market TOTAL - MAJOR SOURCES $ 15,491,500 $ 15,813,021 102.1% fund. The City also invests in securities such as CDs, Municipal Bonds, Treasury Bonds, and Commercial Paper for more aggressive yields with its investment advisor, RedTree Financial. To maximize returns, funds are held in common with investment advisors and then interest earnings are allocated to the City's Capital Improvement Bank Statement Balance Month Interest Fund. 1st Financial $ 1,664,500 StarOhio $ 5,075,436 $ 17,347 As recommended by the Ohio Auditor of State, these statements are prepared Redtree Financial $ 18,143,695 $ 58,548 monthly and provided to the public for accountability purposes Huntington $ 286,345 $ 911 TOTAL BANK STATEMENT BALANCE $ 25,169,976 $ 76,806 TOTAL DEPOSITS-IN-TRANSIT $ 50,334.58 TOTAL BOOK FUND BALANCE $ 25,017,664 Month-end credit memos available $ 30,824.84 TOTAL MONTH-END UNCLEARED CHECKS $ 325,825 % Difference Audit Limit % NET DIFFERENCE (BOOK OVER BANK) $ (92,354) -0.37% 7% City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. Ryan Perry Mayor Calvin Woodrey Floyd Croucher Jennie Combs Dale Perry Raymond Nichols Sharon Montgomery Vice Mayor Council Member Council Member Council Member Council Member Council Member CALL TO ORDER PRAYER 1. Pastor, Scott Tweedle ROLL CALL Present: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) Absent: (0) PRESENTATIONS 1. State of Ohio, Fraud Training. APPROVAL OF MINUTES 1. Minutes of the September 5th, 2024, Council Work Session. 2. Minutes of the September 5th, 2024, Regular Council Meeting. Motion –To approve the minutes of the September 5th, 2024, Council Work Session and Regular Council Meeting. (Roll Call Vote) 1st______Vice Mayor Woodrey_______ 2nd Mr. Perry_ YAYS: Perry, Woodrey, Croucher, Nichols, Combs, Perry (6) NAYS: (0) ABSTAIN: Montgomery (1) ABSENT: (0) CORRESPONDENCE 1. August Financial Snapshot a. Mr. Mesisklis provided information regarding the August Financial Snapshot during the council work session. City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. AUDIENCE OF PUBLIC 1. Marci Butts, Governors Avenue. Ms. Butts reminded the council, staff, and the public that the veterans memorial remains a top priority. The Parks Board is actively moving forward with the project and is currently awaiting a mock-up and pricing from Dodd’s Memorial, which is expected to be received in the next couple of weeks. Once received, it will be presented at the Veterans Subcommittee meeting, where discussions will take place to ensure it aligns with the subcommittee’s vision. Ms. Butts further explained that, following the subcommittee’s review, the plan will be brought to the Parks Board and then to council. She also mentioned that a strategy and marketing plan for the veterans memorial is being developed. 2. Susanne Dusing, Legacy Court. Ms. Dusing addressed recent events occurring in neighboring municipalities, expressing concerns about potential issues that could arise in the city. She inquired about what measures the city currently has in place or could implement to prevent similar situations from happening locally. Ms. Dusing cited an example, asking whether there were incentives for landlords to rent to individuals without legal status, which could prevent hikes that might displace current residents. She also mentioned concerns about rent arrangements that could allow certain tenants to retain more funds and accept lower wages, which might negatively impact employment opportunities for existing citizens. Ms. Dusing also raised concerns about employers paying insufficient wages, potentially displacing residents from jobs. She emphasized her respect for council but expressed apprehension regarding potential misconduct in other municipalities, which, in her opinion, may have contributed to their current challenges. She referenced the recent training video that council watch that addressed some of her concerns. Mayor Perry asked City Attorney Nick Ziepfel whether there limitations on the city’s ability to regulate the open market. Mr. Ziepfel confirmed that, with respect to rental agreements, the city has limited ability to interfere due to the right to contract. However, he noted that the city has a rental registry in place to monitor rental activities and take action where necessary. Regarding wage concerns, Mr. Ziepfel explained that minimum wage regulations fall under federal and state jurisdiction as outlined in the Fair Labor Standards Act (FLSA) and the Ohio Revised Code. While local municipalities, particularly charted ones, can raise the minimum wage, it is not within the councils purview to do so. Mr. Ziepfel offered to provide further analysis if requested. Mayor Perry reiterated that while the city has made strides in addressing rental issues, wage regulations remains primarily a matter for state and federal authorities. Mayor then thanked Ms. Dusing for addressing her concerns to council. 3. Sara White. Ms. White is on the Seven Mile Council she wanted to invite anyone to attend the Seven Mile Council meetings its on the second Monday of every month. City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. UNFINISHED BUSINESS Motion - That items 1 and 2 under unfinished business be read by title only. (Roll Call Vote) 1st______Vice Mayor Woodrey_______ 2nd Mr. Nichols_ YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) 1. A RESOLUTION AUTHORIZING THE CITY MANAGER TO APPLY FOR, ACCEPT, AND ENTER INTO AGREEMENT TO PARTICIPATE IN AMERICA 250-OHIO COMMUNITIES. (Second Reading) Motion – The Resolution Be Authorized. (Roll Call Vote) 1st__Vice Mayor Woodrey___ 2nd_____ Mr. Croucher _ YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) 2. A RESOLUTION PURSUANT TO SECTION 719.04 OF THE OHIO REVISED CODE DECLARING IT NECESSARY AND DECLARING IT TO BE THE CITY’S INTENTION TO APPROPRIATE A FEE SIMPLE INTEREST IN CERTAIN REAL PROPERTY NOW OWNED IN FEE BY MESSIAH HOME OWNERS ASSOCIATION LLC, FOR THE PURPOSE OF CONSTRUCTING A PUBLIC ROAD, PROMOTING PUBLIC HEALTH AND WELFARE, AND DECLARING AN EMERGENCY. (Second Reading) Motion – The Resolution Be Approved. (Roll Call Vote) 1st__Vice Mayor Woodrey___ 2nd_____ Mr. Perry _ YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) PUBLIC HEARINGS 1. None. City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. NEW BUSINESS 1. A MOTION, TO AUTHORIZE PAYMENT IN THE AMOUNT OF THIRTY FIVE THOUSAND SIX HUNDRED FIFTY FIVE DOLLARS AND THIRTY NINE CENTS ($35,655.39) FOR THE ANNUAL SOFTWARE MAINTENANCE AND SUPPORT TO CENTRAL SQUARE TECHNOLIGIES. Motion – The Motion Be Authorized. (Roll Call Vote) 1st__Vice Mayor Woodrey___ 2nd_____ Mr. Nichols _ YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) LEGISLATION 1. None. REPORTS City Attorney, Nick Ziepfel- Mr. Ziepfel wanted to clarify a statement he made during the audience of the public. He had referenced Ohio Revised Code 4113 but, after reviewing the wage laws, realized he was mistaken. The correct reference is actually Ohio Revised Code 4111. The initial confusion arose because he was referring to Ohio Auditor of State training, which relates to 4113. Mr. Ziepfel then discussed Article V, encouraging city council to consider a resolution in support of the state government. He has been gathering information on this matter and assured council that more details will be provided in the coming weeks. City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. AUDIENCE OF COUNCIL Mr. Croucher- Mr. Croucher welcomed Michael Bell to the city as a new employee. Mr. Croucher then discussed movies in the park and from his observations it seemed to go very well with a great turnout, Mr. Croucher thanked Mr. Nichols for the popcorn and thanked city staff and the fire department for helping around. Mr. Perry- Mr. Perry thanked everyone for showing up he appreciates when there are audience members during council meetings. Mr. Perry then assured that he would try to come to the next Seven Mile and St. Clair council meeting. Ms. Combs- Thanked everyone for attending this evenings council meeting, and seeing Ms. Montgomery being able to participate in the council meeting. Ms. Combs continued her prayers for Ms. Montgomery and wished her well during her recovery. Mr. Nichols- Mr. Nichols welcomed Ms. Montgomery back he then discussed for those that don’t know during Covid rules were changed to allow Council to attend video and discuss legislation, Mr. Nichols pointed that is at least one good thing that has come out of the pandemic which allowed Ms. Montgomery to attend the meeting. Mr. Nichols then stated that movies in the park had a good crowd, he alluded that it is very hard to count people but, based off popcorn usage noting that this was the second largest popcorn usage at eight and a half pounds. Ms. Montgomery- Ms. Montgomery expressed her heartfelt appreciation for the continued support from city council members and staff. She extended her thanks to City Attorney Nick Ziepfel, referring to him as a “cutie patootie” for the flower arrangements that he sent her. Ms Montgomery mentioned that the flowers lasted a long time and were among the most beautiful she had ever received, alongside those from city council. She went on to note how phenomenal everyone has been, emphasizing how much the support from council, staff, and especially the public, has meant to her during her situation. Ms. Montgomery also thanked those who attended the meeting to voice their concerns, affirming her commitment as a city council member to do everything in her power to prevent chaos in the city. She expressed her deep love for the city and its values, noting that her dedication would never waver. Ms. Montgomery concluded by thanking everyone for their thoughts and prayers, and for attending tonight’s council meeting. City of Trenton REGULAR COUNCIL MEETING MINUTES September 19th, 2024 - 7:30 p.m. Vice Mayor Woodrey- Vice Mayor Woodrey welcomed Mr. Bell to the city, wishing him a long and successful career, and wished him well in his future contributions. He also shared his happiness to see Ms. Montgomery present and appreciated hearing her voice and opinions. Vice Mayor then brought up the upcoming homecoming parade. Although no formal plans had been finalized, he inquired if the usual standard would be followed meeting at the city building at 5:30 p.m. and having a city pickup truck available for council. City Manager Mr. Nichols clarified that the Clerk of Council, Mr. Beresford, would be driving council, to which Mr. Beresford humorously responded that he was more than honored to drive council in a giant pickup truck. Vice Mayor Woodrey jokingly suggested that council may have to vote on this decision and added that Mr. Beresford might just join them in the truck. Mayor Perry also joked that he thinks he will ride with Ms. Montgomery instead of in council’s pickup truck. Ms. Montgomery mentioned that Chief Carr had idea to use flashing lights in her vehicle during the parade. Vice Mayor Woodrey assured Ms. Montgomery that they would work on the logistics and is looking forward to the parade. Mayor Perry- Mayor welcomed Mr. Bell to the city, expressing confidence in his abilities despite the big shoes he has to fill. Mayor added that he has heard great things about Mr. Bell and believes he will do an excellent job. Mayor then extended a welcome to the Village of Seven Mile Council for attending the evening’s council meeting, encouraging other municipalities to participate in each other’s council meetings. He explained that a Middletown council member once said, we’re all in this together what affects one will affect the other. Mayor reached out to the school board, township trustees, and other local leaders to participate in each other’s meetings. He expressed his willingness to reciprocate by sharing updates from city council as well. ADJOURNMENT Motion – The Meeting Be Adjourned. (Roll Call Vote) 1st__ Vice Mayor Woodrey___ 2nd_____ Mr. Perry _ Time: 7:58 P.M. YAYS: Perry, Woodrey, Croucher, Montgomery Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) City of Trenton SPECIAL COUNCIL MEETING MINUTES September 26th, 2024 - 7:30 p.m. Ryan Perry Mayor Calvin Woodrey Floyd Croucher Jennie Combs Dale Perry Raymond Nichols Sharon Montgomery Vice Mayor Council Member Council Member Council Member Council Member Council Member CALL TO ORDER PRAYER 1. Councilwoman Montgomery ROLL CALL Present: Perry, Woodrey, Montgomery, Croucher, Nichols, Combs, Perry (7) Absent: (0) CORRESPONDENCE 1. None. NEW BUSINESS 1. None. LEGISLATION 1. None. REPORTS AUDIENCE OF COUNCIL City of Trenton SPECIAL COUNCIL MEETING MINUTES September 26th, 2024 - 7:30 p.m. EXECUTIVE SESSION REQUEST 1. To consider confidential information related to marketing plans, specific business strategy, production techniques, trade secrets, or personal financial statements of an applicant for economic development assistance. To consider the purchase of property for public purposes. To consider the employment, dismissal, discipline of a public employee or official and to confer with legal counsel. Motion – To go into executive session for the reasons noted. (Roll Call Vote) 1st__ Vice Mayor Woodrey___ 2nd_____ Mr. Croucher _ Time: 8:02 P.M. YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) Motion – To close executive session. (Roll Call Vote) 1st__ Vice Mayor Woodrey___ 2nd_____ Ms. Combs _ Time: 9:53 P.M. YAYS: Perry, Woodrey, Croucher, Montgomery, Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0) ADJOURNMENT Motion – The Meeting Be Adjourned. (Roll Call Vote) 1st__ Vice Mayor Woodrey___ 2nd_____ Mr. Croucher _ Time: 9:55 P.M. YAYS: Perry, Woodrey, Croucher, Montgomery Nichols, Combs, Perry (7) NAYS: (0) ABSTAIN: (0) ABSENT: (0)  MOTION NO 34-2024 A MOTION AUTHORIZING THE CITY FINANCE DIRECTOR TO ISSUE AN ADVANCE, RETURN AN ADVANCE, AND ISSUE VARIOUS CASH TRANSFERS, AS INDICATED IN THE FOLLOWING CHART: RETURNS, ADVANCES, and TRANSFERS Motion 10/3/24 $ Amount FROM Fund TO Fund PURPOSE RETURNS $800,000 036 Water Reserve 011 General Return of Advance Executed 09/08/2023 $700,000 026 Water Revenue 011 General Return of Advance Executed 09/08/2023 ADVANCE $500,000 011 General 026 Water Revenue New Advance Due 10/3/2025 TRANSFERS $1,500,000 011 General Fund 234 General Capital Improvement 2025 Construction Projects $300,000 011 General Fund 218 Police Levy Fund Deficient Property Tax Collections $500,000 011 General Fund 132 Parks Improvement Fund Recreation Improvements Motioned by __________ authorizing The City Finance Director to issue an advance, return an advance, and issue various cash transfers, in various amounts to occur internally between the various operating funds of the City. Seconded by: _________________________ Upon Roll Call, the Vote Resulted as follows: AYES:__________ NAYS:__________ ABSENT:__________ CERTIFICATE I, the undersigned Clerk of Council for the City of Trenton, Ohio, Ohio, hereby certify that the foregoing Motion No. 34-2024 is a true and correct copy as passed by the Council of the City of Trenton, Ohio on the 3rd day of October, 2024 and that at least a majority of the elected members voted in the affirmative on said motion. __________________________________ Clerk of Council  Staff Report City Council Meeting Staff Report Report to: The Honorable Mayor Ryan Perry & Members of the City Council Report From: Matthew L. Mesisklis, Finance Director Agenda Item: 2024 Transfers and Advances Motion Ordinance/Resolution/Motion 1st Reading Date: STRATEGIC GOALS Motion 2nd Reading Date: Connected Community Motion Date: Economic Vitality Resolution Date: Operational Excellence Public Hearing Date: Strong & Secure Neighborhood General Operations Contract Contract Required: No Additional Document(s) Attached: Fiscal Impact Budgeted: No Please see further, more detailed information regarding the fiscal impact in Revenue: $ N/A the summary section of this report. Destination Fund: Various Policy Issue Does City Council wish to adopt: Motion for various transfers and advances Policy Alternative The City Council can choose to not approve. There is no imperative to approve these items. Approval will effectively restrict $500,000 of General Fund items to Parks-only uses and $1,000,000 to capital items uses, as well as reduce the $1.5m internal loan to $500,000 Staff Recommendation Staff recommends that Council receive this report and. Statutory/Policy Authority • ORC and the Ordinances of the City of Trenton. Fiscal Impact Summary - This motion serves to repay 2/3 of an internal loan to the General Fund, as well as a $300,000 transfer to supplement the annual Police Levy following a property tax shortfall in that fund. Also included is a $500,000 transfer to the Park Improvement fund to allow for upcoming projects which will be approved by council. Lastly, a $1.5m transfer from the General Fund to the Capital Improvement Fund is requested to continue setting aside restricted dollars for use on upcoming infrastructure and public facility projects.  ORDINANCE NO 23-2024 AN ORDINANCE DECLARING THE IMPROVEMENTS OF CERTAIN REAL PROPERTY WITHIN THE CITY TO BE A PUBLIC PURPOSE PURSUANT TO REVISED CODE SECTION 5709.40(C); DECALRING SUCH IMPROVEMENTS TO BE EXEMPT FROM AD VALOERM REAL PROPERTY TAXATION; DESIGNATING PUBLIC INFRASTRUCTURE IMPROVEMENTS TO BE MADE THAT WILL DIRECTLY BENEFIT SUCH PROPERTY; REQUIRING THE OWNER OF THE IMPROVEMENTS TO MAKE ANNUAL SERVICE PAYMENTS IN LIEU OF AD VALOREM REAL PROPERTY TAXES; ESTABLISHING A MUNICIPAL PUBLIC IMPROVEMENT TAX INCREMENT EQUIVALENT FUND FOR THE DEPOSIT OF SUCH SERVICE PAYMENTS IN LIEU OF AD VALOREM PROPERTY TAXES, ALL PURSUANT TO SECTIONS 5709.40, 5709.42 AND 5709.43 OF THE REVISED CODE; AND DECLARING AN EMERGENCY WHEREAS, the development of residential properties in the City of Trenton, Ohio (the “City”) will benefit the City and its residents by improving housing stock, enlarging the property tax base, enhancing income tax revenues and stimulating collateral development in the City; and WHEREAS, pursuant to Ohio Revised Code Section 5709.40, 5709.42, and 5709.43 (together with related provisions of the Ohio Revised Code, the “TIF Act”), the City may, among other things, (i) declare the increase in assessed value of real property located in the City to be a public purpose, thereby exempting such increase from real property taxation for a period of time; (ii) specify public infrastructure improvements, made, to be made, or in the process of being made, that directly benefit such real property; (iii) provide for the making of service payments in lieu of taxes by the owner of such real property; (iv) establish a public improvement tax increment equivalent fund into which such service payments shall be deposited; (v) provide for the use of such service payments to pay the costs of such public infrastructure improvements (which costs may include, without limitation, the payment for or reimbursement of costs of the public infrastructure improvements incurred by the City, or any other public or private party in cooperation with the City); and WHEREAS, Todd Homes, LLC (the “Developer”) has acquired and is developing a certain parcel of real property (as depicted and described in Exhibit A attached hereto and incorporated herein by this reference, the “TIF Site”), and the City has determined that certain public infrastructure improvements, as that term is defined in Ohio Revised Code Sections 5709.40(A)(7) (as more fully described on Exhibit B attached hereto and incorporated herein by this reference, the “Public Infrastructure Improvements”), made, to be made, or in the process of being made, will directly benefit the TIF Site; and WHEREAS, the Public Infrastructure Improvements and the development are a public purpose of the City, and provide the conditions necessary to permit the City to lawfully exempt the TIF Site from real property taxation as authorized herein; and WHEREAS, the development of the TIF Site will benefit the City and its residents by creating economic opportunities, enlarging the property tax base, and stimulating collateral development in the City; and WHEREAS, the City desires to grant a seventy-five percent (75%) exemption from real property taxation for a period of ten (10) years (the “TIF Exemption”) for each improvement to the TIF Site (as defined herein, the “Improvement”); an 1 17151643v1  ORDINANCE NO 23-2024 WHEREAS, the City has determined that it is necessary and appropriate and in the best interests of the City to require the owners of the TIF Site and their successors and assigns (collectively, with their successors and assigns, as owners of the Site, the “Owners”) to make service payments in lieu of taxes with respect to the Improvement of the TIF Site pursuant to Ohio Revised Code Section 5709.42, to pay costs of the Public Infrastructure Improvements; and WHEREAS, the City has delivered notice of the proposed TIF Exemption to the Board of Education of the Edgewood City School District (the “School District”) and to the Butler County Joint Vocational School District (the “JVSD”) as required by Sections 5709.40, 5709.83 and 5715.27 of the Ohio Revised Code. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Trenton, County of Butler, Ohio: SECTION 1. Parcels of Real Property. That the parcel of real property subject to the exemption granted by this Ordinance is identified and depicted in Exhibit A attached hereto and made a part hereof (the “TIF Site,” with each parcel comprising the TIF Site, as currently or subsequently configured, including any lot splits or consolidations, being referred to individually as a “Parcel”). In the event of a conflict between the outline of the TIF Site shown in the map set forth in such exhibit and the legal description of the TIF Site, the outline of the TIF Site shown in the map shall control.. SECTION 2. Tax Exemption. That pursuant to and in accordance with the TIF Act, this Council hereby finds and determines that 75% of the increase in assessed value of each Parcel comprising of the TIF Site (which increase in assessed value is also hereinafter referred to as the “Improvement” as defined in the TIF Act) is hereby declared to be a public purpose and shall be exempt from taxation (the “TIF Exemption”) for a period commencing for each Parcel with the first tax year that begins after the effective date of this Ordinance and in which an Improvement attributable to a new structure on that Parcel would first appear on the tax list and duplicate of real and public utility property were it not for the exemption granted by this Ordinance and ending on the earlier of (A) ten (10) years after such commencement or (B) the date on which the City can no longer require service payments in lieu of taxes (the “Exemption Period”), all in accordance with the requirements of the TIF Act . SECTION 3. Designation of Public Infrastructure Improvements. That this Council hereby designates the public infrastructure improvements described in Exhibit B attached hereto (the “Public Infrastructure Improvements”) and any other public infrastructure improvements hereafter designated by ordinance as public infrastructure improvements made, to be made, or in the process of being made that directly benefit, or that once made will directly benefit, the TIF Site and the City, and together with the balance of the development, are determined to be necessary for the public health, safety and welfare, and a public purpose. SECTION 4. Payment of Service Payments. That as provided in Ohio Revised Code Section 5709.42, but only after the TIF Exemption is effective, the Owner of a Parcel shall be required to, and shall make, service payments in lieu of taxes with respect to the Improvement allocable thereto to the County Treasurer on or before the final due dates for payment of real property taxes. Each service payment in lieu of taxes shall be charged and collected in the same manner and in the same amount as the real property taxes that would have been charged and payable against such Parcel as if it were not 2 17151643v1  ORDINANCE NO 23-2024 exempt from taxation pursuant to Section 1 hereof. If any reduction in the levies otherwise applicable to such Parcel is made by the county budget commission under Ohio Revised Code Section 5705.31, the amount of the service payment in lieu of taxes shall be calculated as if the reduction in levies had not been made. Any late payments of service payments in lieu of taxes shall be subject to penalty and bear interest at the then current rate established under Ohio Revised Code Sections 323.121(B)(1) and 5703.47, as the same may be amended from time to time, or any successor provisions thereto (the “Penalties and Interest”). Each Owner shall make any other payments in respect of such Parcel which are received by the County Treasurer in connection with any reduction required by Ohio Revised Code Section 319.302, as the same may be amended from time to time, or any successor provisions thereto (the “Property Tax Rollback Payments,” together with the service payments in lieu of taxes and the “Penalties and Interest,” are collectively referred to herein as the “Service Payments”). SECTION 5. TIF Fund. That the City hereby establishes, pursuant to and in accordance with the provisions of Ohio Revised Code Section 5709.43, within the City Treasury a municipal public improvement tax increment equivalent fund (the “Tax Increment Fund”), which may, at the option of the Finance Director, be established as an account within an existing tax increment equivalent fund of the City, into which shall be deposited the Service Payments distributed to the City by the County Treasurer. Such Fund may be combined with other funds created by ordinances of this Council authorizing other such projects. Money in the Tax Increment Fund shall be used to finance the Public Infrastructure Improvements, and shall, to the extent provided in further ordinances of this Council, be pledged to the payment of debt service on any bonds, notes or other obligations issued to finance such Public Infrastructure Improvements as well as any reimbursement payments for reimbursement of any costs of the Public Infrastructure Improvements. The Tax Increment Fund shall be maintained in the custody of the City and shall receive all distributions of Service Payments required to be made to the City. Those Service Payments received by the City with respect to the Site, shall be used solely for the purposes authorized in the TIF Act, including, but not limited to, paying any costs of the Public Infrastructure Improvements, in a manner that is consistent with this Ordinance. For purposes of this Ordinance, “costs” of the Public Infrastructure Improvements payable from the Tax Increment Fund shall also include the items of “costs of permanent improvements” set forth in Ohio Revised Code Section 133.15(B), and incurred with respect to the Public Infrastructure Improvements, which “costs” specifically include any reimbursement payments for the reimbursement of the costs of the Public Infrastructure Improvements, and debt service on, and any administrative or other expenses relating to the issuance of, any bonds, notes, or other obligations issued to finance the Public Infrastructure Improvements. The Tax Increment Fund shall remain in existence so long as such Service Payments are collected and used for the aforesaid purposes, after which time the Tax Increment Fund shall be dissolved and any surplus funds remaining therein shall be transferred to the City’s General Fund, all in accordance with Ohio Revised Code Section 5709.43. SECTION 6. Notices. That the City hereby finds and determines that notice of this proposed Ordinance has been delivered to the School District and JVSD in accordance with Ohio Revised Code Sections 5709.40, 5709.83 and 5715.27, and hereby ratifies the giving of that notice. SECTION 7. Application for Real Property Tax Exemption and Remission; Further Authorizations. That the City further hereby authorizes and directs the Mayor, the City Manager, the Finance Director, or other appropriate officers of the City, to sign and execute all documents and make such 3 17151643v1  ORDINANCE NO 23-2024 arrangements as are necessary and proper for collection of said Service Payments from the Owners of real property located in the TIF Site, which are to be deposited into the Tax Increment Fund. This Council further hereby authorizes and directs the Mayor and the City Manager, together or individually, or either of their designees, to take such action and to execute and deliver, on behalf of the Council, such additional instruments, agreements, certificates, and other documents as may be in their discretion necessary or appropriate in order to carry out the intent of this Ordinance. Such documents shall be in the form not substantially inconsistent with the terms of this Ordinance, as the Mayor and the City Manager, together or individually, or either of their designees, in their discretion shall deem necessary or appropriate. SECTION 8. Notification of Adoption. That the Finance Director is hereby directed to deliver, not later than fifteen (15) days after the effective date of this Ordinance, a copy thereof to the Director of the Ohio Development Services Agency and to further deliver to such Director, not later than March 31 of each year during which the TIF Exemption remains in effect, a status report outlining the progress of the project herein described. SECTION 9. Further Authorizations. That the Mayor, the City Manager, the Director of Finance, and the Law Director are hereby authorized to take all actions, including the execution of all documents or amendments, necessary to establish the TIF Exemption and to implement and administer the TIF Fund, and not substantially inconsistent with this Ordinance. SECTION 10. Non-Discriminatory Hiring Policy. That in accordance with Ohio Revised Code Section 5709.832, the City hereby determines that no employer located in the TIF Site shall deny any individual employment based on considerations of race, religion, sex, disability, color, national origin or ancestry. SECTION 11. Open Meeting. That it is hereby found and determined that all formal actions of this Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this Council, and that all deliberations of this Council and of any of its committees that resulted in such formal action, were held in compliance with all legal requirements. SECTION 12. Effective Date. That this Ordinance is hereby declared to be an emergency measure immediately necessary for the preservation of the public peace, health, safety and welfare of the City, and for the further reason that it is immediately necessary to implement the TIF Exemption authorized by this Ordinance is hereby declared to be an emergency measure as it pertains to the health, safety and welfare of the residents of the City; wherefore, this Ordinance shall be in full force and effect immediately upon its passage and approval by the Mayor; otherwise, it shall take effect and be in force from and after the earliest period allowed by law. PASSED Ryan Perry AYES NAYS Mayor ABSENT Rules Suspended First Reading AYES NAYS_____ Second Reading ABSENT 4 17151643v1  ORDINANCE NO 23-2024 ATTEST: Stanislav Beresford_________________________ CLERK OF COUNCIL CERTIFICATE I, the undersigned Clerk of Council for the City of Trenton, Ohio, Ohio, hereby certify that the foregoing Ordinance No. 23-2024 is a true and correct copy as passed by the Council of the City of Trenton, Ohio on the 19th day of October, 2024 and that at least a majority of the elected members voted in the affirmative on said motion. __________________________________ Clerk of Council 5 17151643v1  EXHIBIT A DESCRIPTION OF THE SITE A-1 17151643v1 Parcel I.D. Owner Property Address R8500074000003 WRIGHT JUSTIN KYLE & SHERRI 706 BRELSFORD AVE R8500074000005 WYATT BOBBY & TONYA 710 BRELSFORD AVE MORRISON CONSTRUCTION R8500074000018 COMPANY INC 719 BRELSFORD AVE R8500074000020 TODD HOMES LLC 715 BRELSFORD AVE R8500074000016 OSBORNE KENNETH & BRENDA S 723 BRELSFORD AVE R8500074000021 TODD HOMES LLC 713 BRELSFORD AVE R8500074000015 HOIT DANIEL R & ELIZABETH A 725 BRELSFORD AVE R8500074000025 WILLIAMS JEREMY S 705 BRELSFORD AVE R8500074000026 TODD HOMES LLC 703 BRELSFORD AVE R8500074000001 BISWA GOPI & HARKA 700 BRELSFORD AVE GAHATAY SANTI RAM & RAI NAR R8500074000007 LACHI 714 BRELSFORD AVE R8500074000009 ACM & CSM 720 BRELSFORD AVE R8500074000010 KATHAYAT BINOD & POUDEL SITA 722 BRELSFORD AVE R8500074000017 SATYAL TILL & GYANU 721 BRELSFORD AVE R8500074000027 HUMBERT AMY & ANTHONY 701 BRELSFORD AVE R8500074000012 BARKER TONY D 726 BRELSFORD AVE R8500074000013 SMITH GARLEY E JR & APRYL L 729 BRELSFORD AVE R8500074000014 KSL & JHL 727 BRELSFORD AVE R8500074000022 BROWNING ANGELA J 711 BRELSFORD AVE R8500074000023 TODD HOMES LLC 709 BRELSFORD AVE R8500074000024 OREILLY MICHAEL A & SUSAN D 707 BRELSFORD AVE R8500074000004 RUSH CODY & MACKENZIE 708 BRELSFORD AVE R8500074000006 WIRTHWINE JAYME LYNN 712 BRELSFORD AVE R8500074000011 BROUGHTON BILL J 724 BRELSFORD AVE MUELLER MEGAN & NATHAN R8500074000002 WILLIAMS 704 BRELSFORD AVE PETERS BRADLEY JORDAN & SCHUL R8500074000008 KARLEY A 718 BRELSFORD AVE JONES ALEXANDER JOSEPH & DICK R8500074000019 KAITLYN BRIANNA 717 BRELSFORD AVE  EXHIBIT B DESCRIPTION OF PUBLIC INFRASTRUCTURE IMPROVEMENTS The Public Infrastructure Improvements that shall directly benefit all or a portion of the TIF Site, include any and all “public infrastructure improvements,” as that term is defined in R.C. Section 5709.40(A)(8), and any and all “costs of permanent improvements,” as that term is defined in R.C. Section 133.15(B), including, but not limited to, payment of debt service payments on obligations issued to finance the costs of the Public Infrastructure Improvements. Without limiting the generality of the preceding sentence, the Public Infrastructure Improvements specifically may include the following: 1. Constructing, reconstructing, extending, opening, improving, widening, grading, draining, curbing and changing of the lines and traffic patterns of roads, highways, streets, railways, bridges (including roadway, railway, and pedestrian), existing roadways adjacent to and providing access to property, sidewalks, bikeways, medians and viaducts, constructing and improving surface parking lots or parking structures and related improvements, providing lighting systems, together with all appurtenances therefore, and the continued maintenance of those improvements. 2. Constructing and reconstructing municipal facilities, including safety and service facilities, public fountains, public parks or public greenspaces, including grading, trees, park plantings, park accessories and related improvements, together with all appurtenances thereto. 3. Constructing, reconstructing and installing of public utility improvements, water distribution lines (including necessary site grading therefore), storm and sanitary sewers (including necessary site grading therefore), water and fire protection systems, and all appurtenances thereto, and the continued maintenance of those improvements. 4. Constructing and installing streetscape improvements including trees, tree grates, curbs, sidewalks, street and sidewalk lighting, trash receptacles, benches, newspaper racks, burial of overhead utility lines and related improvements, together with all appurtenances thereto; design and traffic studies preliminary to the foregoing. 5. Constructing and installing communications service facilities, including but not limited to cable and broadband service infrastructure improvements. 6. Stormwater and flood remediation projects including such projects on private property when determined to be necessary for public health, safety, and welfare. 7. Designing, engineering, constructing, and improving the new infrastructure for electric, gas, telephone, and cable service (including fiber optics), including aid to construction fees for gas, aid to construction fees for electric, including the provision of gas or electric service facilities owned by nongovernmental entities when such improvements are determined to be necessary for economic development purposes, with related site improvements and appurtenances thereto. 8. Acquisition and development of property, including acquisition in aid of industry, commerce, distribution, or research, demolition of blighted, dilapidated, or functionally obsolete structures for redevelopment opportunities, including demolition on private property when determined to be necessary for economic development purposes. 9. Enhancement of public waterways through improvements that allow for greater public access. 10. Environmental studies and remediation. 17151643v1 11. Acquiring real estate or interests in real estate, including related right-of ways, necessary to accomplish the improvements enumerated in clauses 1 through 9. 12. Any on-going administrative expenses relating to the Public Infrastructure Improvements and maintaining the service payments in lieu of taxes, including but not limited to engineering, architectural, legal, and other consulting and professional services. 13. All inspection fees and other governmental fees related to the foregoing. 14. Any other costs of public infrastructure improvements as permitted by law. B-2 17151643v1  Staff Report City Council Meeting Staff Report Report to: The Honorable Mayor Ryan Perry & Members of the City Council Report From: Matthew L. Mesisklis, Finance Director Agenda Item: Madison Manor TIF 75% Ordinance/Resolution/Motion 1st Reading Date: 10/03/24 STRATEGIC GOALS Ordinance 2nd Reading Date: 10/27/24 Connected Community Motion Date: Economic Vitality Resolution Date: Operational Excellence Public Hearing Date: Strong & Secure Neighborhood General Operations Contract Contract Required: No Additional Document(s) Attached: Fiscal Impact Budgeted: Please see further, more detailed information regarding the fiscal impact in Revenue: $600,000 the summary section of this report. Destination Fund: Madison Manor TIF Policy Issue Does City Council wish to adopt: Enactment of 10-year, 75% TIF District for the Madison Manor Subdivision Policy Alternative The City Council can choose to not approve. Lack of approval will mean property taxes are collected and allocated normally Staff Recommendation Staff recommends that Council receive this report and adopt the legislation to provide public tax increment funding for upcoming infrastructure, parks, and public safety projects. Statutory/Policy Authority • ORC 5709.40(C) and the Ordinances of the City of Trenton. Fiscal Impact Summary Enacting this TIF provides the TIF District roughly $75,000 per year for 10 years. If property taxes were collected in the traditional manner, the City would collect $15,000 per year from this development, between the Fire Levy, Police Levy, and General Fund for those purposes Background Information The Madison Manor subdivision has been built-out over the course of 2023-2024. The residents of those homes pay income tax to the Madison school district. The value of those homes could either be 100% in the traditional manner (Roughly 65% to Madison Schools, 15% to The City of Trenton, 20% to the county agencies), OR 25% in the traditional manner and 75% allocated to a Tax Increment Financing Fund, which will go toward park, infrastructure, and public safety capital items that benefit that subdivision. Madison School district has received the required notice for this legislation.