Ohio Supreme Court denies Village of Obetz attempt to reinstate expired TIF exemption

A recent decision by the Ohio Supreme Court addressed whether a municipality can retroactively reinstate an expired TIF exemption by amending the legislation that authorized the original exemption. The case arose from a TIF ordinance passed by the Village of Obetz in April 1997, which enacted a TIF arrangement related to the development of a warehouse located in the Village....
By: Bricker & Eckler LLP

Array