ECONOMIC DEVELOPMENT
PORT AUTHORITY
OUR MISSION
The Fairfield County Port Authority promotes Fairfield County, forming relationships to foster economic growth and utilizing available tools to help finance economic development projects.
MEETINGS
Fairfield County Port Authority, Board Of Directors
Meets the second Thursday of each month at 9 a.m. at the Fairfield County Workforce Center, 4465 Coonpath Rd. NW, Carroll, Ohio 43112.
2024
March 14, 2024 Agenda/Minutes
July 11, 2024 Agenda/Minutes
2023
March 9, 2023 Agenda/Minutes
March 20, 2023 Minutes
August 10, 2023 Agenda/Minutes
November 9, 2023 Agenda/Minutes
2022
March 31, 2022 Agenda/Minutes
July 19, 2022 Agenda
November 10, 2022 Agenda/Minutes
December 15, 2022 Agenda/Minutes
ECONOMIC DEVELOPMENT
By utilizing public-private partnerships, the Fairfield County Port Authority is used to finance projects in creative ways.
The Port Authority is capable of owning, leasing, and selling real and personal property; issue revenue bonds for Port Authority facilities and other permanent improvements.
Bond Financing Alternatives and Financial Institutions Placement Transactions
The Port Authority and its finance capabilities provide access to the capital markets for a borrower by issuing bonds and lending the bond proceeds to the borrower.
By partnering with banks and other lenders, the Port Authority provides companies access to tax-exempt bond markets.
SALES TAX-EXEMPT FINANCING
The Port Authority is not required to pay certain state and local taxes on construction materials used for a project owned by the Port Authority. The transfer and leasing arrangements can be utilized to allow a private business to share the benefit of the sales tax exemption.
PROGRAMS
Community Reinvestment Areas (CRA)
Rockmill Industrial Park in Lancaster, OH and Canal Pointe Industrial and Commerce Park in Canal Winchester offer Pre-1994 CRA’s, which provide 100%/15 year real property tax abatement for improvements as long as investment is at least $250,000.
Enterprise Zone
Fairfield County offers the potential for 60 %-100% real property tax abatement for projects that meet certain criteria.
Workforce Development Training Grants
The Workforce Development Training Grant (WDTG) may be used as an incentive to attract new jobs or expand jobs with existing companies by offsetting the cost of training new or current employees. It would be structured as a reimbursable program, for a specific dollar amount, spread over a certain number of years.
CERTIFIED SITES
Rock Mill Industrial Park and Canal Pointe Industry & Commerce Park are shovel-ready certified development sites. By meeting strict standards in ownership, property, transportation, utility, community and environmental issues, these sites are ready for immediate development.
AVAILABLE PROPERTIES
Fairfield County provides an abundance of opportunity for growth and it all begins with the location of your choosing that will best suit your organization’s specific needs. The county offers Industrial, Office, Retail, Land, Multi-Unit Housing, and Special Use properties.
BYLAWS
POLICIES
- Audit Committee Charter
- Capital Assets Policy
- Conflicts of Interest & Ethics Policy
- Internal Controls Policy
- Investment Policy
- Media Interviews Policy
- Public Comment Policy
- Reimbursement Policy
RESOLUTIONS
- Resolution No. 2012-01
Resolution Adopting Rules and Regulations - Resolution No. 2015-02
Budget Resolution - Resolution No. 2015-03
Resolution Appointing the Executive Director - Resolution No. 2015-04
Resolution Authorizing Procurement of Office Supplies - Resolution No. 2015-05
Resolution Authorizing Engagement of Legal Counsel - Resolution No. 2015-06
Resolution Authorizing Insurance Procurement - Resolution No. 2015-07
Resolution Adopting Public Records Policy and Records Retention Schedule - Resolution No. 2015-08 - Retention
Resolution Adopting Port Authority Policies - Resolution No. 2015-08
Resolution Amending the Rules and Regulations - Resolution No. 2015-09
Resolution Establishing Audit Committee - Resolution No. 2015-10
Resolution Establishing Audit Committee - Resolution No. 2015-11
Resolution Establishing Land Bank Relationship - Resolution No. 2015-12
Resolution Establishing Land Bank Relationship - Resolution No. 2022-01
Resolution approving Tenby project documents - Resolution No. 2023-001
Approving Term sheet ground lease project - Resolution 2024-01
Resolution to authorize issuance of Bon