History

The Medina City Development Corporation was formed by the legislative authority of the City on September 25, 2012 (Ordinance 174-12) as the agency of the City to advance, encourage, and promote the industrial, commercial, distribution and research development in the City in a manner in which:

• Creates and preserves jobs and employment opportunities in the City and State of Ohio
• Improves the economic welfare of the people of the City and State of Ohio
• Encourages the maintenance, location, relocation, expansion, modernization and equipment of the sites, buildings, structues and appurtenant facilities for industrial, commercial, distribution and research activities within the City and thereby preserve maintain or create additional opportuniies for employment within the City
• Maintains and increases the tax valuation of property within the City in order that tax revenues may be available to provide services for the preservation of public health, safety, and general welfare of the City.

The Medina City Development Corporation is a not-for-profit and has all the poweres granted a corporation not-for-profit under Chapters 1702 and 1724 of the Ohio Revised Code.