TIF agreement OK’d for new Northfield Center Twp. dentist office

NORTHFIELD CENTER – Township trustees on Nov. 7 approved a public improvements tax increment equivalent fund (TIF) agreement for the deposit of service payments in lieu of property taxes for a property at 80-98 W. Aurora Road.

The agreement is with NDG Realty LLC, which plans to construct a 6,732-square-foot dentist office on the property a few hundred feet west of Township Hall. The Nordonia Hills school district previously OK’d a compensation agreement.

The township recently issued three building permits for future work at the site. One is for the demolition of a storage building.

Under the Ohio Revised Code, money is distributed to the Nordonia schools and Cuyahoga Valley Career Center in an amount not to exceed that of real estate taxes they would have received if they were not exempt from taxation.

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