Reynoldsburg Schedules Hearing on 10-Year Tax Incentive District for Trivium Subdivision
The proposed 75% property tax exemption would fund roads, utilities, and parkland for a planned 163-unit residential development.
Reynoldsburg City Council scheduled a public hearing and first reading for its meeting on Monday, Nov. 9, on legislation creating a Tax Increment Financing incentive district for the proposed Trivium housing development. The project developer plans to construct approximately 163 residential units to expand available housing options in the city.
Reynoldsburg City Hall, located at 7232 E. Main St. in Reynoldsburg.
Credit: Sixflashphoto / Wikimedia Commons Image source
Under the proposed ordinance, 75% of the assessed value of new building improvements within the district would be exempt from real property taxation for 10 years. The exemption period would begin in the first tax year in which building improvements reach at least $5 million in market value on county tax records.
In place of standard taxes, property owners would make annual service payments in lieu of taxes equal to the amount that would have been charged on the exempted improvements. The county treasurer would distribute the service payments to the city for deposit into a dedicated Trivium Incentive District Account within Reynoldsburg's municipal public improvement tax increment equivalent fund. Revenue from the account would pay for public infrastructure improvements or cover debt service on notes or bonds issued to finance the work.
Designated public improvements include pedestrian sidewalks and bike paths, public parkland, open space, recreational trails, roadway construction and maintenance, and extensions for water, sanitary sewer, and storm drainage systems. Under the legislation, council adopts findings accepting the city engineer's certification that public infrastructure serving the district is inadequate to meet development needs.
The ordinance formally adopts an economic development plan for the subdivision that the Reynoldsburg Planning and Zoning Board approved on Oct. 1, 2025. Before advancing the measure, the city delivered statutory notices of the proposed ordinance to the boards of education for Reynoldsburg City Schools and Eastland-Fairfield Career and Technical Schools, and mailed notices to property owners at least 30 days prior to the public hearing.
City records list an upcoming council meeting for Nov. 23, 2026. City notices indicate that upcoming council and Planning and Zoning Board sessions will take place in the Reynoldsburg Police training room next door to the municipal administration building for the next several months.
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The sources and records behind this story, with the facts they support.
Supporting evidence (5)
Reynoldsburg City Council scheduled a public hearing and first reading for its meeting on Monday, Nov. 9, on legislation creating a Tax Increment Financing incentive district for the proposed Trivium housing development.
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8. PUBLIC HEARING a. An Ordinance Creating the Trivium Tax Increment Financing Incentive District; Declaring Improvements to the Parcels within the Incentive District to be a Public Purpose and Exempt from Real Property Taxation
Reynoldsburg City Council scheduled a public hearing and first reading for its meeting on Monday, Nov. 9, on legislation creating a Tax Increment Financing incentive district for the proposed Trivium housing development.
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12. CONSENT AGENDA FOR FIRST READING a. An Ordinance Creating the Trivium Tax Increment Financing Incentive District; Declaring Improvements to the Parcels within the Incentive District to be a Public Purpose and Exempt from Real Property Taxation
Reynoldsburg City Council scheduled a public hearing and first reading for its meeting on Monday, Nov. 9, on legislation creating a Tax Increment Financing incentive district for the proposed Trivium housing development.
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Monday, November 9, 2026 6:30 PM Council Chambers
City records list an upcoming council meeting for Nov. 23, 2026.
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16. UPCOMING MEETINGS a. All future Council and Planning & Zoning Board meetings will be held in the Reynoldsburg Police training room next door to the administration building for the next several months. November 19, 2026 Planning & Zoning Board November 23, 2026 Council
City notices indicate that upcoming council and Planning and Zoning Board sessions will take place in the Reynoldsburg Police training room next door to the municipal administration building for the next several months.
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All future Council and Planning & Zoning Board meetings will be held in the Reynoldsburg Police training room next door to the administration building for the next several months.
Supporting evidence (1)
The project developer plans to construct approximately 163 residential units to expand available housing options in the city.
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The developer of the Incentive District shown on the attached map intends to develop a residential subdivision with approximately 163 residential units within the City in order to increase available housing options within the City.
Supporting evidence (5)
Under the proposed ordinance, 75% of the assessed value of new building improvements within the district would be exempt from real property taxation for 10 years.
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ends on the earlier of (a) 10 years after such commencement or (b) the date on which the City can no longer require service payments in lieu of taxes, all in accordance with the requirements of the TIF Act (the “Incentive District Life”). Pursuant to and in accordance with the provisions of ORC Section 5709.40(C), this Council hereby declares that the increase in assessed value of each Parcel subsequent to the effective date of this ordinance (which increase in assessed value is hereinafter referred to as the “Improvement,” as defined in ORC Section 5709.40(A)) is a public purpose, with 75% of such Improvement to each Parcel exempt from taxation for the Incentive District Life for the applicable Incentive District.
The exemption period would begin in the first tax year in which building improvements reach at least $5 million in market value on county tax records.
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The life of the Incentive District commences with the first tax year in which at least $5,000,000 (County Auditor market value) of building improvements would first appear on the tax list and duplicate of real and public utility property for Parcels within the Incentive District were it not for the exemption granted in this ordinance and ends on the earlier of (a) 10 years after such commencement
In place of standard taxes, property owners would make annual service payments in lieu of taxes equal to the amount that would have been charged on the exempted improvements.
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the owner of each Parcel is hereby required to make annual service payments in lieu of taxes with respect to the Improvement to that Parcel to the applicable county treasurer (the “County Treasurer”) on or before the final dates for payment of real property taxes. Each service payment in lieu of taxes, including any penalties and interest at the then current rate established for real property taxes (collectively, the “Service Payments”), will be charged and collected in the same manner and in the same amount as the real property taxes that would have been charged and payable against the Improvement if it were not exempt from taxation
The county treasurer would distribute the service payments to the city for deposit into a dedicated Trivium Incentive District Account within Reynoldsburg's municipal public improvement tax increment equivalent fund.
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This Council hereby establishes the “Trivium Incentive District Account” within the Reynoldsburg Incentive District Municipal Public Improvement Tax Increment Equivalent Fund
Designated public improvements include pedestrian sidewalks and bike paths, public parkland, open space, recreational trails, roadway construction and maintenance, and extensions for water, sanitary sewer, and storm drainage systems.
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pedestrian sidewalks and bike paths, acquisition and improvement of public parkland, open space and recreational facilities that serve the development area and surrounding community, including, without limitation, trails, landscaping and related public amenities, roadway improvements including, without limitation, construction of roadway improvements, acquisition of related rights of way and easements, water system improvements, sanitary sewer improvements, storm drainage improvements, streetlights, gas facilities, electrical facilities, and all appurtenances thereto, and the maintenance of roadway improvements
Supporting evidence (2)
The county treasurer would distribute the service payments to the city for deposit into a dedicated Trivium Incentive District Account within Reynoldsburg's municipal public improvement tax increment equivalent fund.
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Pursuant to the TIF Act, the County Treasurer is requested to distribute the Service Payments and Property Tax Rollback Payments to the City, all remaining amounts for further deposit into the TIF Account
Revenue from the account would pay for public infrastructure improvements or cover debt service on notes or bonds issued to finance the work.
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further deposit into the TIF Account for payment of costs of the Public Infrastructure Improvements, including, without limitation, debt charges on any notes or bonds issued to pay or reimburse finance costs or costs of those Public Infrastructure Improvements.
Supporting evidence (3)
Under the legislation, council adopts findings accepting the city engineer's certification that public infrastructure serving the district is inadequate to meet development needs.
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accepts and adopts the City Engineer’s certification to this Council and the City Engineer’s findings set forth therein (a) that the public infrastructure serving the Incentive District is inadequate to meet the development needs of the Incentive District as evidenced by the Economic Development Plan
The ordinance formally adopts an economic development plan for the subdivision that the Reynoldsburg Planning and Zoning Board approved on Oct. 1, 2025.
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adopts the Economic Development Plan for the Incentive District, which Economic Development Plan consists of the plans and approvals for the Parcels as submitted to and approved by the Reynoldsburg Planning & Zoning Board on October 1, 2025 (App./Case # 2025-0513)
Before advancing the measure, the city delivered statutory notices of the proposed ordinance to the boards of education for Reynoldsburg City Schools and Eastland-Fairfield Career and Technical Schools, and mailed notices to property owners at least 30 days prior to the public hearing.
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finds and determines that the City sent written notice of the public hearing regarding this ordinance by first class mail to each owner of real property within the proposed Incentive District at least 30 days prior to such hearing, which notice included a map of the proposed Incentive District as well as the overlay area required by ORC Section 5709.40(C)(2), (v) finds and determines that this Council has not received a request from the owner of any real property within the proposed Incentive District to exclude that owner’s property from the Incentive District and (vi) finds and determines that notice of this ordinance has been delivered to the Boards of Education of Reynoldsburg City Schools and the Eastland-Fairfield Career and Technical Schools in accordance with and within the time periods prescribed in ORC Sections 5709.40 and 5709.83.