CCCTC passes resolution for Tax Increment Financing
LISBON — The Columbiana County Career and Technical Center has passed a resolution waiving the required notices for the Tax Increment Financing (TIF) being sought by the St. Clair Township Board of Trustees. The career center board has been in discussions with the Beaver Local School District, which would also be affected by the TIF proposed by the township. According to the resolution, St. Clair Township is planning to offer 100 percent exemption over a period of 30 years for affected parcels. Tax Increment Financing is an economic development tool available to local governments ...