GREAT NEWS--DEER PARK COULD JOIN SYCAMORE JEDZ--POSSIBLE REVENUE - TopicsExpress



          

GREAT NEWS--DEER PARK COULD JOIN SYCAMORE JEDZ--POSSIBLE REVENUE GENERATION OF $75-100,000 for street repairs! - Deer Park Safety-Service Director Mike Berens said he’s been talking with township officials during the past few weeks to discuss partnering with the city for the fourth JEDZ that Sycamore hoped to set up. Along with the other three zones, the fourth will be in Kenwood on the west side of Kenwood Towne Centre. Complexes included in that zone would be Jewish Hospital as well as several doctors’ and company offices on Galbraith Road and Pine Road. Kenwood Place is also within the zone, which includes Kenwood Theatre, Dewey’s Pizza, Orange Leaf Frozen Yogurt and several other businesses, Berens said. This zone was originally planned when Sycamore Township set up its other three zones with Madeira and Amberley Village, and was intended to be for Sharonville. When that city decided to not participate days before the public hearing, a substitute couldn’t be found in time. Terms for the fourth zone are the same as the others – Deer Park will collect the .75 percent earnings tax on employees who work within the zone. The city will keep the cost of collection and 10 percent of the total, while the rest goes to Sycamore. Berens, who is a former Sycamore Township administrator, said Deer Park could expect to receive about $75,000 to $100,000 from the JEDZ earnings tax, which could potentially be used for the city’s much-needed street repairs. City council agreed to move forward with the JEDZ, but has to wait 30 days and have a public hearing before officially approving it. Deer Park’s hearing is scheduled for 6:45 p.m. Monday, Aug. 5, and the city will have a special council meeting at its Aug. 5 workshop meeting to vote on it. If approved, it will just meet the Hamilton County Board of Elections deadline for the November ballot of Aug. 7. Sycamore Township will have its own public hearing for the JEDZ at 1 p.m. Aug. 5. Both Berens and city council felt the move would be a good option to raise revenue for Deer Park. “This is a great benefit for both communities, for both Sycamore Township and Deer Park,” Berens said.
Posted on: Mon, 08 Jul 2013 03:10:07 +0000

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