No credit?  The alternative would be Innovation Center in another state or location other than Middletown. That's the credit.

FactGuy:

"TonyB, there won't be a levy failure because the city is very organized"

Yeah, organized.....that's why the town is a total disaster in almost every facet.

"Every council member already knew the package AKS wanted before the deal was announced. And it was approved"

Reworded:
"It was rubberstamped"..... like everything else is in court jester/puppetland- aka.....city council. They are there to execute the desires of the MMF/inner circle FactGuy. They don't need to think, just follow directions. Mindless bobbleheads nodding yes to everything without questioning a thing.

FactGuy:

"TIF created, no prop taxes, no payroll taxes, pretty much a West Chester deal for AKS in Warrent Cty."

"Thanks to previous council for setting stage for capital gift".......

"Only one paying taxes in Middletown are the residents. Some might have thought AKS would have some loyalty to Middletown than rubbing it in their face"

FactGuy, you're always the one leading the cheers for the city leaders and all the poison they like to manufacture here. What happened to your "defender of the state" attitude?

You're playing turncoat here by coming across a tad bit negative, joining some of us who are constantly criticized for not going along with the program. Need to turn it around less you end up labeled and out of the club.

I'm reading the Denise and Doug comment as sarcasm.

Factguy: I'm sure the city can put another tax levy on the ballot in August or some other low turnout election to make up for the "gift" to a corporation. Since when did you give a damn about taxes on the citizens? You just bragged that they'll never be another tax levy fail in this town so why would it matter to you how out of balance taxes are in Middletown compared to the surrounding area?

But Factguy, weren't you claiming that getting corporate back in Middletown is within arms reach?  

Posted: 4:07 p.m. Tuesday, May 12, 2015

Council to consider tax abatement, TIF district for AK research center

By Ed Richter

Staff Writer

MIDDLETOWN — 

In the next few weeks, Middletown City Council will be considering several items concerning the development and the construction of the new AK Steel Research and Innovation Center.

Denise Hamet, the city’s economic development director, recently gave City Council an update of upcoming presentations relating to a number of agreements to facilitate the development of the $36 million state-of-the-art facility that will be located on the east side of Interstate 75. The city is also expecting the site to become another catalyst in the development of the Renaissance District.

Hamet said council will be asked to review and approve a Tax Increment Financing district for North Pointe; tax abatement for the district; an agreement with the Franklin City School District; a development and infrastructure agreement with AK Steel; the issuance of industrial revenue bonds to equip and furnish the facility similar to the same type of bonds issued to equip and furnish Atrium Medical Center; a land purchase agreement; construction contract documents; various grant agreements; and a research and development agreement with AK.

She reminded council that the city competed at various levels, including with another state, to win the deal for the facility to stay in Middletown. The new research and innovation facility is a strategic initiative to further AK Steel’s focus on next generation high strength steels as well as provide technical support for customers, product and processing expertise, and material testing and analysis, Hamet said.

City approves contract to remove airport obstructions

City Council approved a $9,300 contract for the engineering and grant administration to remove obstructions from around the airport’s runway and also approved the funding to do the engineering and the actual obstruction removals. The work will focus on removing the trees from the western portion of the airport grounds in order to comply with FAA mandates for maintaining a safe and obstruction-free runway safety area.

According to a report from Matt Eisenbraun, assistant economic development director, the project qualified for and was awarded an Ohio Department of Transportation airport maintenance grant, which will provide 90 percent of the related costs up to a maximum of $88,200.The project was brought before council last August for the approval of the grant application and appropriation authorization, but state funding was not awarded until after the closing of the 2014 accounting period.

The project was not included in the 2015 airport capital project fund, which required council to approve a supplemental appropriation of $98,000 that includes $88,700 for the removal and restoration costs and $9,300 for the engineering and grant administration costs. The city will be providing $9,800, or 10 percent, of the costs as its share of the project. The removal and restoration portions of the project will be handled through the regular bid/issuance process as required by the city and ODOT.