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Friday, July 30, 2010

Frequently Asked Questions

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Business Assistance

• Are there any grants for businesses in Grove City?
  • Yes, every year City Council appropriates funds for façade and other exterior improvements for commercial properties located within the Town Center through a reimbursement program administered through the Development Department. For more information, please visit the Town Center Commercial Revitalization page or contact the Development Department at 614-277-3000.
• What is a TIF?
  • Tax Increment Financing (TIF) is an economic development mechanism available to local governments in Ohio to finance public infrastructure improvements and, in certain circumstances, residential rehabilitation. A TIF works by locking in the taxable worth of real property at the value it holds at the time the authorizing legislation was approved. Payments derived from the increased assessed value of any improvement to real property beyond that amount are directed towards a separate fund to finance the construction of public infrastructure defined within the TIF legislation.
• What is the Community Reinvestment Area?
  • The Community Reinvestment Area is the designated district where real property taxes are abated on new structures or alterations to existing structures.
• What types of incentives are available?
  • Grove City is committed to working with you to determine your need and level of financial assistance. Listed on the Business Incentives page are some of the incentive programs offered by the City.

 

General

• Do I need to obtain a Tax ID number for my business?
  • For information on obtaining a Tax ID number please visit
    http://tax.ohio.gov/channels/global/before_you_call.stm
• How do I contact the Grove City Area Chamber of Commerce?
  • For referrals and networking opportunities, information on membership and associated benefits visit the Grove City Area Chamber of Commerce web site or call 614-875-9762.
• How do I obtain a Business License from the City of Grove City?
  • Grove City does not issue business licenses. However we recommend you contact the Grove City Building Division at 614-277-3075 to determine your need for a Certificate of Occupancy as well as Franklin County to determine your need for a Vendor's License.

 

Planning Commission

• How long does the process take for an application to go through Planning Commission?
  • Once the application is submitted to Planning Commission, it will be reviewed and heard within 45 days of submission.
• What new projects are happening in Grove City?
  • Please refer to the Development Projects page for a full list of development projects in Grove City.

 

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