onMain secures funds and tax agreements with city of Dayton

Dec 19, 2024 · The legislation completes important tax agreements with the city of Dayton and Dayton Public Schools, along with a funding commitment of $7.8 million by 2026. The tax …

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OnMain Secures Funds And Tax Agreements With City Of Dayton

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Dec 19, 2024 · The legislation completes important tax agreements with the city of Dayton and Dayton Public Schools, along with a funding commitment of $7.8 million by 2026. The tax …

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OnMain: Dayton Plans To Provide $4M For Redevelopment Of …

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Oct 29, 2024 · The Dayton City Commission last month approved issuing more than $21 million in new debt through general obligation bonds, which includes $4.1 million for improvements to …

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Dayton Public Schools To Get Share Of Taxes From Future OnMain ...

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May 3, 2024 · UD and Premier are planning rebuild the old Montgomery County fairgrounds into a new neighborhood. The $29 million project will be called onMain and the goal is to include …

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Dayton Business: OnMain Group Plans Phase 1 Redevelopment Of …

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Dec 19, 2024 · The Dayton City Commission this week approved contributing $5.8 million toward the first phase of infrastructure improvements for the onMain project, which is in partnership …

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'Dayton Is Hot.' What Does 'onMain' Mean For The Region? - Yahoo …

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Aug. 20—With Monday's news that nearly $100 million in state, local and private funds may be directed toward a new development at the former Montgomery County fairgrounds in Dayton, …

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FAQs about onMain secures funds and tax agreements with city of Dayton Coupon?

What are Dayton's tax agreements?

The tax agreements include: The CRA- and TIF-enabling legislation — coupled with the legislative action Dayton Public Schools approved in April and the planned investment by the onMain partners — will fund construction of Phase 1 infrastructure improvements on the 38-acre site; which include utilities, roads, sidewalks and park spaces. ...

What will the CEO of onmain do for Dayton Public Schools?

Additionally, the CEO of onMain will convene an annual meeting with Dayton Public Schools Superintendent and the presidents of UD and Premier to evaluate the status of these programs and identify new and mutually beneficial opportunities among the three institutions. ...

Why did the Dayton Public Schools Board approve onmain?

“We appreciate the Dayton Public Schools board approving this crucial step in the long-range planning and vision for onMain, a development that aligns with the University’s and Premier Health’s institutional missions and values,” said Eric Spina, UD president. ...

When will the property tax revenue sharing plan start in Dayton?

David Lawrence, superintendent of Dayton Public Schools. The property tax revenue sharing plan will begin once the first building is opened at onMain. The educational and training benefits provided by UD and Premier will begin during the 2024-25 school year. ...

How does Dayton 'property tax-like payments' work?

Owners of the buildings will make “property tax-like payments” for the parcels on which they build. The three-way arrangement between the city of Dayton, Dayton Public Schools and onMain creates a specific revenue distribution plan that will be received from the building owners’ payments. ...

Does Dayton Public Schools have a property tax share plan?

Dayton Public Schools (DPS), the University of Dayton and Premier Health approved a property tax sharing plan at the Dayton Public Schools board meeting April 16 for the development of onMain, Dayton’s Imagination District, on the former Montgomery County fairgrounds property. ...