How Warren County Port Authority is connected to these 5 buildings


The new building at the Park North industrial park in Monroe is the latest of more than a dozen buildings the Warren County Port Authority has or will own. This way the developer or company avoids sales tax on the construction. A series of leases and legal agreements enable the subsidy and set terms under which the company or developer can take ownership.

Here are 5 buildings the Warren County Port Authority has or will own.

1. Miami Valley Gaming Racino: The gambling hall and harness track facility is east of I-75 on Ohio 63 in Turtlecreek Twp.

2. LCNB Administration Center: The bank building is a block north of the long-time headquarters of Lebanon Citizens Bank on Broadway in Lebanon.

3. Hopkins Commons: The development is to include apartments for senior citizens, a senior center, restaurant and banquet cente on Ohio 48 in Hamilton Twp.

4. Peters Cartridge Factory: The former munitions factory is to be an apartment complex and restaurant development outside Kings Mills and along the Little Miami River and multi-use trail.

5. Pratt Industries, Henny Penny, Preble County: Henny Penny expanded in Eaton, Pratt built a new plant in Lewisburg.

On Thursday, the Warren County Port Authority Board of Directors approved agreements with IDI Gazeley expected to save the Atlanta-based company about $600,000 in state and county sales on construction of a $33 million sales and distribution center.

This is just the latest in more than a dozen similar deals the authority has done with companies in Warren and Preble counties.

The deals leave the port in ownership of the buildings which are then leased to the companies. In Preble County, the authority signed agreements saving sales taxes otherwise owed on construction of developments by Henny Penny and Pratt Industries.

In Warren County, the authority has also signed similar deals with Fed Ex and ADVICS in Lebanon and Victory Wholesale in Springboro, as well with companies that have leased space from IGI in buildings at the Park North industrial park in Monroe.

Source: Warren County Port Authority



Reader Comments ...


Next Up in Business

How to get $100,000 or more in your 401(k) by your 30s
How to get $100,000 or more in your 401(k) by your 30s

So, you don't even have a clue on how your 401(k) is invested? Really, your motto is set it and forget it?           You're far from alone. For the first time, more than half of all 401(k) accounts, or 50.4 percent, now hold all of their retirement savings in a set-it-and-forget-it...
What’s your hospital’s safety rating? Search latest Leapfrog grades
What’s your hospital’s safety rating? Search latest Leapfrog grades

Local hospitals just received new safety grades from the nonprofit health care watchdog Leapfrog. The Leapfrog ratings come out in the fall and spring each year and are based off of 28 measures of publicly available hospital safety data. MORE: Premier doctors will move to new, larger Beavercreek medical center Here’s what each hospital scored...
Some Dayton-area hospital safety grades slip
Some Dayton-area hospital safety grades slip

Half of the hospitals in the Dayton metro area saw their safety ratings slip in the latest round of scoring by Leapfrog, a nonprofit health care watchdog. The Leapfrog ratings come out in the fall and spring each year and are based on 28 measures of publicly available hospital safety data. Hospitals receive a letter grade between A and F for overall...
Recalls: Dangerous baby carriers and poisonous tables 
Recalls: Dangerous baby carriers and poisonous tables 

Parents and those cleaning up from this week’s ice storm should check to see if they have this week’s recalled products. Jobs news: Amazon hiring in Butler Co.  Active Series baby carriers by LILLEbaby are being recalled because a clip can detach and cause your child to fall, according to the Consumer Product Safety Commission. There...
Health system, which owns Premier Health stake, close to mega-merger
Health system, which owns Premier Health stake, close to mega-merger

Catholic Health Initiatives, which owns a 22 percent stake in Dayton’s Premier Health, is changing its name and close to completing a merger with another large hospital system. CHI and Dignity Health’s merger will create a $28.4 billion health care system, which will be the nation’s largest nonprofit hospital company by revenue. The...
More Stories