By Amanda Ensinger
Franklin Township may soon get a little more financial support thanks to a potential partnership with Grandview to develop a Joint Economic Development District (JEDD).
The township is looking at developing this JEDD in the Westland Mall corridor, including streets like Georgesville Road and West Broad Street.
“It is a slow process and there are a lot of hoops to jump through,” said Mark Potts, administrator for Franklin Township. “We have been working on a JEDD district map, sent an informal letter to businesses and are working on a petition.”
To setup a JEDD, the township needs a municipal partner to help implement the income tax. The township would also need the support of the majority of business owners.
“Grandview would administer the income tax and take a portion of it and we would receive a portion as well,” Potts said. “Employees of the businesses would pay the income tax and in return, we would use the funds to improve the JEDD district.”
Some of the things the funds could be used for include additional police and fire service to protect the businesses, improvements to the roads and the addition of sidewalks in the region to make the area more walkable.
Potts added that a JEDD board would also be developed to advise the trustees on how the money should be spent. The board would consist of business owners, representatives from Grandview and township leadership.
“We are hoping in six months to a year we have this developed,” Potts said. “The development of the Westland Mall corridor is very important to us.”
In other news, the board discussed the continued sale of properties given to the township by the Central Ohio Community Improvement Corporation (COCIC). The board approved the sale of 714 N. Hague Ave. for $25,000, as well as the sale of 1207 Hart Road for $6,600.
“Everyone has to disclose what they plan to do with the properties as well when they put an offer in,” said Laura Esterline, township relator from Heart of it All Realty. “Both of these buyers intend to build homes on these properties.”
Trustee John Fleshman said he would like to see people who are purchasing these properties build on them and that the new development in the township will help increase property values.
“I am a firm believer in using these properties for new development,” he said. “I believe in planting new seeds in the township.”