Applies for Community Reinvestment Area

Last updated: March 21. 2014 2:13PM - 614 Views
By Daniel Karell dkarell@civitasmedia.com



Councilwoman RaeLena Morrison speaks to the Georgetown Village Council, including Mayor Dale Cahall, Administrator Jeremy Germann, Fiscal Officer Natalie Newberry, and Police Chief Robert Freeland.
Councilwoman RaeLena Morrison speaks to the Georgetown Village Council, including Mayor Dale Cahall, Administrator Jeremy Germann, Fiscal Officer Natalie Newberry, and Police Chief Robert Freeland.
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GEORGETOWN — Georgetown is moving ahead with their 2014 Street Improvement Project.


At last Thursday’s Village Council meeting, council approved a measure to allow Mayor Dale Cahall to sign the official contracts with Roberts Paving Inc. Though a start date has not been set, the work is expected to be completed by the end of June.


The 2014 Street Improvement Project includes the milling and resurfacing of Apple Street from North Street to Grant Avenue and the resurfacing of Straight Drive, Carrington Drive, Amy Drive, and a portion of Heritage Hill Drive.


During his administrators report, Village Administrator Jeremy Germann disclosed to council that Ron Roberts, of the Robert-Stein Group, had submitted an application on behalf of the village to establish a Community Reinvestment Area with the Ohio Development Services Agency. Like Tax Increment Financing, a CRA is an economic development tool that allows property taxes to be exempted if homeowners make improvements or build new structures on their property.


The application was submitted on Feb. 28 and the review process completed by the ODSA could take around 30 days. Though there is no fee to establish a CRA, but once one is established, there is a $750 fee per contract with a land-owner who wants tax-exempt status.


Germann also revealed to council that work on placing a storage tank underground for the Wastewater Treatment Plant Improvement project was halted due to bad weather. The project is being put on hold for the time being by PAE & Associates as they continue other projects. Once the weather warms up, they’ll return to placing the storage tank underground.


The project is expected to be completed by July 29, about a month behind original schedule.


The Germann also showed council an email received from Jones & Henry Engineers, Ltd., who are in charge of the Street Improvement projects that the village is undergoing. Jones & Henry completed rough estimates on relining existing sanitary sewers during their projects.


It would add a large expense to each future project, but it could help the village avoid future catastrophes, or the need to completely tear up a street to take care of a sewer problem.


Jones & Henry estimated that it would cost the village an additional $401,000 to their street projects through 2018 if they are interested in also relining the sewer system. The village is looking into applying for grants or low-interest loans from the Appalachian Regional Commission, the Ohio Valley Regional Development Commission, and downtown revitalization grants from the State of Ohio.


Finally, Mayor Cahall brought to the attention of Council that Southwest Regional Medical Center contacted him and they are interested in reviving the MeadowWood Care Center. Council adopted a resolution saying they support a reopening of MeadowWood.


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