Findlay City Council met as a whole Tuesday to discuss the potential sale of the parking lot behind the former Argyle site. One of the concerns raised by residents was any closures on pedestrian walkways. Safety Director Paul Schmelzer explained that the city will have a say in any closure…
Another aspect of the development that confused residents and councilmembers was the use of a Community Reinvestment Area. Safety Director Paul Schmelzer explained how a CRA works…
Schmelzer said that once the abatement is over the developer will have to pay the increased real estate tax. He added that there will never be a decrease in the revenue once the CRA is up.