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Planning Commissioners' Procedures Manual - Hamilton County, Ohio

Planning Commissioners' Procedures Manual - Hamilton County, Ohio

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Tax Increment Financing (TIF)<br />

Tax Increment Financing has been utilized by Anderson Township as an economic<br />

development tool in the past. Most of the parcels potentially eligible for TIF<br />

consideration already been placed into such a classification. However, recent<br />

changes in state law regarding the use of such funds may allow for funds within<br />

Anderson Township’s TIF program to be utilized for demolition or land acquisition efforts.<br />

Cooperative Economic Development Agreements (CEDAs)<br />

One or more municipal corporations and one (1) or more townships may enter into a<br />

CEDA for the purpose of facilitating economic development within the CEDA territory.<br />

Powers of a CEDA include the provision of joint services and permanent improvements<br />

anywhere within the territory covered by the CEDA, and the issuance of bonds and<br />

notes by a municipal corporation, county, or township for public purposes authorized<br />

by the CEDA. For more information on CEDAs, please see Section 701.07 of the <strong>Ohio</strong><br />

Revised Code.<br />

SUMMARY<br />

The Anderson Township <strong>Ohio</strong> Riverfront area consists of environmentally sensitive areas, scenic<br />

resources, and existing developments/investments that serve as catalysts to development<br />

adjacent to the proposed <strong>Ohio</strong> River Shared Use Trail planned to run along the US Route 52<br />

corridor.<br />

Anderson Township recognizes the regional planning activities that pertain to the existing and<br />

future uses of the <strong>Ohio</strong> River, along which the Anderson Township Riverfront is located.<br />

Realizing this, this study will guide development along Anderson Township’s <strong>Ohio</strong> Riverfront in<br />

the best interests of the community, preserving and enhancing environmental quality, scenic<br />

and visual resources and land use value. By offering regulatory incentives (such as those<br />

involved in cluster housing) to future development to preserve designated Environmentally<br />

Sensitive Areas, create Greenspace, open space and recreational areas, and reducing<br />

impermeable surfaces to reduce stormwater runoff, this Land Use Plan will serve as the guiding<br />

vision for creative, and environmentally sound design solutions to all future development within<br />

the Anderson Township <strong>Ohio</strong> Riverfront area.<br />

ANDERSON TOWNSHIP OHIO RIVERFRONT AREA LAND USE PLAN<br />

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