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CDFA Ohio Financing Roundtable Newsletter - October 2016

CDFA Ohio Financing Roundtable Newsletter - October 2016
October 12, 2016
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CDFA Ohio Financing Roundtable Newsletter

Feature

Fuyao Glass America Invests $450M in New Facility
Upon completion, the 116-acre facility will be the largest glass fabrication plant in the world. Currently employing 2,000, Fuyao expects this number to grow to 2,300 – 2,500 by the end of 2017.

Mansfield to Use $200K from Capital Budget for Event Center
Downtown Mansfield Incorporated intends to use $200,000 of state capital allocations to renovate the 128 N. Main St. building. Using this building, which has direct access to the Brickyard, will help the organization facilitate more events.

Canton, OH to Consider Revolving-Type Loan for Development
Communication to City Council at Monday's regular meeting listed the loan as a "revolving loan fund of sorts" for development. The city would issue a 10-year bond to be repaid at an interest rate 0.5 basis points above the city's cost.

Akron Modifies Sewer Plan as Part of Green Initiative
A federal judge has allowed modifications to the sewer plan that eliminate the need for a pump station and a secondary sewer along Riverview Road. City officials say that's greener and will minimize the impact on the Towpath Trail and Cuyahoga River.

Licking County Ohio Prepares for Spread of Development
As growth in New Albany continues to push eastward into Licking County and companies such as Amazon contribute to development near Pataskala, county leaders and the communities in it are readying for what's next.

Rock Island Considers TIF to Support Apartment Redevelopment
Housing developers from Ohio may spend $66 million to acquire and redevelop two apartment complexes in Rock Island. Both apartment complexes allow rent subsidy assistance for lower income residents and this trend is expected to continue.

Site Preparation Begins for New Chillicothe Industrial Park
This more than $4 million project just south of an existing Kenworth Truck dealership is more unusual than most as it marks the first time the county has granted a tax break to help with private construction of a spec building — a facility constructed without a tenant already lined up to occupy it.

Umbaugh Raises Its Ranking in Top 200 CPA Firms in the Nation
Umbaugh is the most active firm of municipal financial advisors in the nation that pairs the ethics, structure, quality control and business discipline of a CPA firm with the skills and knowledge of a municipal financial advisor.

Upcoming Events

CDFA's 30th National Development Finance Summit
November 2-4, 2016 - New Orleans, LA
Join CDFA in New Orleans, Louisiana for the 2016 National Development Finance Summit! Hosted by the Louisiana Public Facilities Authority (LPFA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.

Ohio News

Racine Utilizes CRA to Allow for Tax-Exempt Development
The Daily Sentinel | Oct. 10 | Community Reinvestment Act (CRA)

Ohio Capital Finance Corporation Awarded $4.8M
Business Wire | Oct. 4 | Community Development

4 Cincinnati Buildings Recommended for Historic Registrar
cincinnati.com | Oct. 3 | Historic Preservation

Allen County Townships Seek Issue 1 Funding for Roads
limaohio.com | Oct. 3 | Bond Finance | Infrastructure Finance

Pipelines Are Priority In Ohio Valley Shale Development
The Intelligencer | Sep. 29 | Economic Development | Infrastructure Finance

MN Congressional Delegation Upset over Political Subdivision Rules
The Bond Buyer | Sep. 21 | Bond Finance

Cleveland's Historic Variety Theatre Restoration Begins
cleveland.com | Sep. 15 | Economic Development | Incentives | Tax Credits

Portsmouth Plans for New Water Plant
Civitas Media | Sep. 14 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)


Sponsors

Roundtable Partner

Ohio Economic Development Association

Annual Roundtable Sponsor

Roetzel & Andress

Conference Premium Sponsor

Bricker & Eckler LLP Calfee, Halter & Griswold LLP FBT Project Finance Advisors LLC Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Novogradac & Company LLP Squire Patton Boggs

Conference Supporting Sponsor

Development Finance Authority of Summit County Umbaugh and Associates

For information about sponsoring the CDFA Ohio Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

The Huntington Investment Company - OH - Columbus, OH


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

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