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The Ohio Revised Code allows for several types of Incentives or Tax Abatement Programs as an inducement to invest in property improvements and/or create additional jobs. The property owner must have the approval of the Local Government entity and must comply with the requirements provided by the Ohio Revised Code.
Once tax abatement is approved, it is the Fiscal Officer's responsibility to appropriate value adjustments and follow the terms of the agreement.
For further information, please contact your local city hall or the County Fiscal Office at 216-698-6435.