GIRARD On Monday, members of the Girard City Council met to discuss several agenda items.
One item up for discussion was an ordinance regarding property taxes in the city and how it could help bring in new developments to Girard.
Tax Increment Financing (TIF) was discussed during the meeting, and an ordinance was passed that follows the guidelines of TIF eligibility.
It is a mechanism that local governments in Ohio can use to fund public infrastructure improvements, according to the Ohio Department of Development website .
TIFs are designed to "lock" the taxable worth of real property at the value it holds at the time that legislation is passed and approved.
Payments received from an increased assessed value of any improvement on the property beyond the original taxable worth woul

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