COMMUNITY REINVESTMENT AREA REVENUE SHARING AGREEMENTCommunity Reinvestment Area Revenue Sharing Agreement • March 17th, 2022
This Community Reinvestment Area Revenue Sharing Agreement (the “Agreement”) dated as of March 17, 2022 by and among the City of Wadsworth, a municipal corporation with its offices at 120 Maple Street, Wadsworth, Ohio (hereinafter referred to as the “City”), Wadsworth City School District, Board of Education, a public school district with its principal offices at 524 Broad Street, Wadsworth, Ohio 44281 (hereinafter referred to as the “Board”), and ECS Tuning, LLC an Ohio corporation with its offices at 1000 Seville Road, Wadsworth, Ohio 44281 (hereinafter referred to as the “Company”), specifies the manner and procedure to be used pursuant to Ohio Revised Code (ORC) Section 5709.82 authorizing general compensation and income tax revenue sharing on new municipal income tax revenues relating to ECS Tuning, LLC Community Reinvestment Area project (hereinafter, the “Project”).
