Agenda Items

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Approval of the minutes of the July 21, 2025 Committee of the Whole.

mincow 07-21-25

ORDINANCE 24-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the City of Lakewood, Ohio to transfer title to certain real property located within the City and enter into a Purchase and Sale Agreement with Belle Ave Partners, LLC for the purpose of supporting the redevelopment of certain real property in the City of Lakewood. (1st read & referred to COW 7/21/25)

24-2025 - City of Lakewood - Downtown Development - Property Transfer Ordinance (With Exhibits)

Communication from Planning Director Byington regarding Former Lakewood Hospital Site - Establishment of Tax Increment Financing (TIF). (referred to COW 7/21/25)

Byington - Sale of Former Hospital Site (TIF)

ORDINANCE 25-2025 - AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council declaring improvement to real property within the City of Lakewood, Ohio to be a public purpose; exempting such improvement from real property taxation; requiring the owners of the property to make service payments in lieu of real property taxes; establishing an urban redevelopment tax increment equivalent fund for the deposit of service payments, making related authorizations pursuant to Ohio Revised Code Sections 5709.41, 5709.42, 5709.43 and 5709.83; and authorizing a service payment agreement in connection with the same. (1st read & referred to COW 7/21/25)

25-2025 - Downtown Development - TIF Ordinance(19642852.6)

August 4, 2025 Slides

Downtown Development Presentation 8.4.25