Minutes from February 25, 2019 Special Meeting

CITY OF TOULON
SPECIAL TIF MEETING
FEBRUARY 25, 2019
TOULON FIREHOUSE

PRESENT: Mayor Hollis, Art Nutzhorn, Donna Lefler (1 st Ward), Connie Jacobson,
Gene Gibler (2 nd Ward), Rob Finney, Ryan Kelly (3 rd Ward), Barbara J Cantwell,
Michael Evans attorney.
CALL TO ORDER: Mayor Hollis called the special meeting to order at 6:30 p.m.
and led the Pledge of Allegiance to the Flag.
RE-WRITE THE LLC INTERGOVERNMENTAL AGREEMENT: The current
agreement that the City has with the LLC is in default. So the City has to come up
with an agreement with the LLC. If an agreement isnโ€™t made then the city will
have to find them in default and then go after the LLC. The only asset that the LLC
has is the building. The City doesn't want to cause any harm to the LLC, they
started this up with good intentions and everybody wants to see Toulon to
succeed.
LLC had a meeting on Saturday the 23 rd and went with FBFM leasing the building.
There is a spin off LLC called Toulon Market LLC that is interested in starting
another business in town.
John Leezer spoke saying FBFM has a 5-year lease and they will have the right to
extend it for 5 more years if they want. So the LLC is asking for an amendment
to the TIF contract.
Gene Gibler made a motion to move forward to amend the TIF Intergovernmental
Agreement with the Stark County Ventures LLC. Donna Lefler 2 nd Rob Finney
abstained motion passed.

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7:15

Ryan Kelly made a motion to adjourn. Gene Gibler 2 nd motion passed.