SlideShare a Scribd company logo
Butler County Port Authority
Innovation & Ideas for Today and Tomorrow
Port Authorities in Ohio
Port Authority Locations
4582 Ohio Revised Code
Ohio Council of Port Authorities
•Partnerships – multi-jurisdictional
•Offers long term financing
•Fixed rate and lower interest rates
•Sales tax exemption – Example on
a $5M project at 6% sales tax =
$300K
•Profit and non-profit organizations
•Conduit for balance sheet and
operating leases – possible lease
cost and tax savings
•Conduit for Grants – Example MRH
Deconstruction
http://ohioportauthorities.com/
Vision Statement
 Mission Statement: Use powers to enhance,
support, facilitate and coordinate the economic
health of Butler County while validating new
opportunities within our confines as prescribed in
the Ohio Revised Code.
Butler County Port
Authority Projects from
2005 to 2013
 Quaker Chemical $10M – 40 jobs*
 Middletown Regional Hospital Deconstruction $9.1M –
2,600 jobs retained and created*
 YMCA $17.7M – 908 jobs retained*
 Electric Lock Switch – 200 jobs retained $100K*
 Intermodal Rail Study *
 Intelligrated $8.6M – 267 jobs created
 Application for Western States in 2012 and Public
Hearing in July
 Maple Knolls Communities, Inc - $75M
 Local Government Innovation Grant - $100K in 2012
* Projects started in 2007
Middletown Regional Hospital Deconstruction
Middletown & BCPA
Quaker Chemical Expansion
2008-2010
Board Meeting at the Chamber
in October 2010
Programs & Outreach 2009-2013 Volunteer
 Ohio Brownfield Conference 2009
Seminar on Port Authority
Capabilities
 Stimulus Bond Seminar 2009
 University of Dayton Riverfront
Conference
 Art Means Business Program for
Leadership Hamilton 2010
 Local Government Innovation
Fund Integrated Development
Budget
The Board Members are volunteers and other people volunteer as well..
Economic Development Collaborative Value of BCPA
 $125,000,000 in projects
 Over 3,000 jobs retained or created
 Local Government Innovation Fund Grant $100,000 Butler
County Land Reutilization Corporation formed - Recently
discussed Phase 2 Grant that will require a fiscal agent
 Three projects starting in 2007/2008 in Middletown with a
$30M investment and over 3,000 jobs retained
Revenues and Fees
0 0 0 0 0 0 0 0
$225,000
$10,000 $10,000
$1,000
$87,500
$40,100
$50,000
$28,5910
50,000
100,000
150,000
200,000
250,000
Summary of Operating Dollars from inception through April 2009
50%
2% 2% 0%
19%
9% 11%
6%
0%
10%
20%
30%
40%
50%
60%
Percentage of Operating Dollars received
Note: Butler County invested $150K in the BCPA in 2009
BC 25-30%
How did we get here? History…
The Port Authority was created but not funded by an enabling
legislation by the Commissioners in 2004 on July 26th. Brief
history of the port authority:
 Port Authority separates from TID in 2007
 Port Authority has three major projects of over $30M all located
in Middletown with fees of nearly $200,000 in 2007 and 2008 -
- Factor for consideration: If the BCPA was not formed in 2004
those projects could have been done by ports in other counties
 Growth and the need to manage projects results in the Exec.
Director hired in 2008
Advantages and Benefits
 Long-term debt financing utilizing bonds
 Off Balance sheet capital or ground leases
 Cost reduction incentives on project development
 Third Party Grant management on a regional or
statewide basis
Future Partnerships and Collaboration with
the City of Middletown
 Workforce Development with Ohio Development
Services and Cincinnati State
 Projects at the Airport, Downtown, Industrial and
Commercial Parks, Malls etc.
 Technology Infrastructure Projects

More Related Content

What's hot

M I D W E S T H S R
M I D W E S T  H S RM I D W E S T  H S R
M I D W E S T H S Ranxora
 
How do we keep Gauteng moving?
How do we keep Gauteng moving?How do we keep Gauteng moving?
How do we keep Gauteng moving?
Tristan Wiggill
 
Reaction to presentations on PH Energy Outlook
Reaction to presentations on PH Energy OutlookReaction to presentations on PH Energy Outlook
Reaction to presentations on PH Energy Outlook
Bienvenido "Nonoy" Oplas, Jr.
 
Road Funding in South Africa
Road Funding in South AfricaRoad Funding in South Africa
Road Funding in South Africa
Tristan Wiggill
 
Pgc newsletter 13 th august, 2014
Pgc newsletter 13 th august, 2014Pgc newsletter 13 th august, 2014
Pgc newsletter 13 th august, 2014
Proglobalcorp India
 
Role of public and private finance to universal access to WASH By C. Pezon
 Role of public and private finance to universal access to WASH By C. Pezon  Role of public and private finance to universal access to WASH By C. Pezon
Role of public and private finance to universal access to WASH By C. Pezon
Vera Grift
 
Rochelle Newsleader Sunday June 26th 2016
Rochelle Newsleader Sunday June 26th 2016Rochelle Newsleader Sunday June 26th 2016
Rochelle Newsleader Sunday June 26th 2016Dan Westin
 
Emfuleni still wasting & stealing money although bankrupt!
Emfuleni still wasting & stealing money although bankrupt!Emfuleni still wasting & stealing money although bankrupt!
Emfuleni still wasting & stealing money although bankrupt!
Johan (Sipho) Coetzee
 

What's hot (9)

M I D W E S T H S R
M I D W E S T  H S RM I D W E S T  H S R
M I D W E S T H S R
 
How do we keep Gauteng moving?
How do we keep Gauteng moving?How do we keep Gauteng moving?
How do we keep Gauteng moving?
 
Reaction to presentations on PH Energy Outlook
Reaction to presentations on PH Energy OutlookReaction to presentations on PH Energy Outlook
Reaction to presentations on PH Energy Outlook
 
Road Funding in South Africa
Road Funding in South AfricaRoad Funding in South Africa
Road Funding in South Africa
 
Pgc newsletter 13 th august, 2014
Pgc newsletter 13 th august, 2014Pgc newsletter 13 th august, 2014
Pgc newsletter 13 th august, 2014
 
Role of public and private finance to universal access to WASH By C. Pezon
 Role of public and private finance to universal access to WASH By C. Pezon  Role of public and private finance to universal access to WASH By C. Pezon
Role of public and private finance to universal access to WASH By C. Pezon
 
Rochelle Newsleader Sunday June 26th 2016
Rochelle Newsleader Sunday June 26th 2016Rochelle Newsleader Sunday June 26th 2016
Rochelle Newsleader Sunday June 26th 2016
 
SH130FactSheet
SH130FactSheetSH130FactSheet
SH130FactSheet
 
Emfuleni still wasting & stealing money although bankrupt!
Emfuleni still wasting & stealing money although bankrupt!Emfuleni still wasting & stealing money although bankrupt!
Emfuleni still wasting & stealing money although bankrupt!
 

Viewers also liked

Butler county port authority 2011
Butler county port authority 2011Butler county port authority 2011
Butler county port authority 2011
SBC LLC
 
5 ways to improve your presentation
5 ways to improve your presentation5 ways to improve your presentation
5 ways to improve your presentation
SBC LLC
 
Local government innovation fund
Local government innovation fundLocal government innovation fund
Local government innovation fund
SBC LLC
 
Port authority financing for the future one
Port authority financing for the future onePort authority financing for the future one
Port authority financing for the future one
SBC LLC
 
Butler county commissioners office and fiber 10 a1 management improvements in...
Butler county commissioners office and fiber 10 a1 management improvements in...Butler county commissioners office and fiber 10 a1 management improvements in...
Butler county commissioners office and fiber 10 a1 management improvements in...
SBC LLC
 
Images
ImagesImages
Images
SBC LLC
 
Bcrf 2014 one
Bcrf 2014 oneBcrf 2014 one
Bcrf 2014 one
SBC LLC
 

Viewers also liked (7)

Butler county port authority 2011
Butler county port authority 2011Butler county port authority 2011
Butler county port authority 2011
 
5 ways to improve your presentation
5 ways to improve your presentation5 ways to improve your presentation
5 ways to improve your presentation
 
Local government innovation fund
Local government innovation fundLocal government innovation fund
Local government innovation fund
 
Port authority financing for the future one
Port authority financing for the future onePort authority financing for the future one
Port authority financing for the future one
 
Butler county commissioners office and fiber 10 a1 management improvements in...
Butler county commissioners office and fiber 10 a1 management improvements in...Butler county commissioners office and fiber 10 a1 management improvements in...
Butler county commissioners office and fiber 10 a1 management improvements in...
 
Images
ImagesImages
Images
 
Bcrf 2014 one
Bcrf 2014 oneBcrf 2014 one
Bcrf 2014 one
 

Similar to Middletown and butler county port authority economic development strategy 2013 2020 future a

Middletown and butler county port authority economic development strategy 201...
Middletown and butler county port authority economic development strategy 201...Middletown and butler county port authority economic development strategy 201...
Middletown and butler county port authority economic development strategy 201...
SBC LLC
 
FY 20 Bond Issuance Update
FY 20 Bond Issuance UpdateFY 20 Bond Issuance Update
FY 20 Bond Issuance Update
City of College Station
 
2013 a1
2013 a12013 a1
2013 a1
SBC LLC
 
How cities can benefit from future energy jobs act montague iml sept 20 2018
How cities can benefit from future energy jobs act   montague iml sept 20 2018How cities can benefit from future energy jobs act   montague iml sept 20 2018
How cities can benefit from future energy jobs act montague iml sept 20 2018
Tim Montague, M.S., CFRE (LION)
 
Howard Marks, U.S. DOE
Howard Marks, U.S. DOEHoward Marks, U.S. DOE
Howard Marks, U.S. DOEguest9fb1af
 
Annual Report 2009 2010
Annual Report 2009 2010Annual Report 2009 2010
Annual Report 2009 2010
Nicholas Brake
 
Gov. Culver: I-JOBS presentation
Gov. Culver: I-JOBS presentationGov. Culver: I-JOBS presentation
Gov. Culver: I-JOBS presentation
iowapolitics
 
Charlotte chamberaugust2012 mcguirewoods
Charlotte chamberaugust2012   mcguirewoodsCharlotte chamberaugust2012   mcguirewoods
Charlotte chamberaugust2012 mcguirewoodsCharlotte Chamber
 
Presentation to Joint Committee on Economic Development and Emerging Technolo...
Presentation to Joint Committee on Economic Development and Emerging Technolo...Presentation to Joint Committee on Economic Development and Emerging Technolo...
Presentation to Joint Committee on Economic Development and Emerging Technolo...
MassDevelopment
 
Michigan Commercial Tax Abatements 4 06 09
Michigan Commercial Tax Abatements 4 06 09Michigan Commercial Tax Abatements 4 06 09
Michigan Commercial Tax Abatements 4 06 09
Chuck Eckenstahler
 
2010 Legislative Session Recap
2010 Legislative Session Recap2010 Legislative Session Recap
2010 Legislative Session Recap
Salt Lake Chamber
 
Budget Options for The City of New York
Budget Options for The City of New York Budget Options for The City of New York
Budget Options for The City of New York
Luis Taveras EMBA, MS
 
Am swedish presentation klein-seminar
Am swedish presentation klein-seminarAm swedish presentation klein-seminar
Am swedish presentation klein-seminarAmanda Bilek
 
Winter 2014 NCACC Legislative Update
Winter 2014 NCACC Legislative UpdateWinter 2014 NCACC Legislative Update
Winter 2014 NCACC Legislative Update
PublicFinanceTV
 
Allies Federal Energy Policy 7 09
Allies Federal Energy Policy 7 09Allies Federal Energy Policy 7 09
Allies Federal Energy Policy 7 09msciortino
 
Mini-Stimulus Presentation
Mini-Stimulus PresentationMini-Stimulus Presentation
Mini-Stimulus Presentation
crystalnking
 
CMAA Presentation Final Cook County
CMAA Presentation Final Cook CountyCMAA Presentation Final Cook County
CMAA Presentation Final Cook County
Ausrine Rakauskaite
 
9/8 THUR 14:30 | Regulatory Re-think
9/8 THUR 14:30 | Regulatory Re-think9/8 THUR 14:30 | Regulatory Re-think
9/8 THUR 14:30 | Regulatory Re-think
APA Florida
 
FY16 Budget Adoption
FY16 Budget AdoptionFY16 Budget Adoption
FY16 Budget Adoption
City of College Station
 

Similar to Middletown and butler county port authority economic development strategy 2013 2020 future a (20)

Middletown and butler county port authority economic development strategy 201...
Middletown and butler county port authority economic development strategy 201...Middletown and butler county port authority economic development strategy 201...
Middletown and butler county port authority economic development strategy 201...
 
FY 20 Bond Issuance Update
FY 20 Bond Issuance UpdateFY 20 Bond Issuance Update
FY 20 Bond Issuance Update
 
2013 a1
2013 a12013 a1
2013 a1
 
How cities can benefit from future energy jobs act montague iml sept 20 2018
How cities can benefit from future energy jobs act   montague iml sept 20 2018How cities can benefit from future energy jobs act   montague iml sept 20 2018
How cities can benefit from future energy jobs act montague iml sept 20 2018
 
Howard Marks- U.S DOE
Howard Marks- U.S DOEHoward Marks- U.S DOE
Howard Marks- U.S DOE
 
Howard Marks, U.S. DOE
Howard Marks, U.S. DOEHoward Marks, U.S. DOE
Howard Marks, U.S. DOE
 
Annual Report 2009 2010
Annual Report 2009 2010Annual Report 2009 2010
Annual Report 2009 2010
 
Gov. Culver: I-JOBS presentation
Gov. Culver: I-JOBS presentationGov. Culver: I-JOBS presentation
Gov. Culver: I-JOBS presentation
 
Charlotte chamberaugust2012 mcguirewoods
Charlotte chamberaugust2012   mcguirewoodsCharlotte chamberaugust2012   mcguirewoods
Charlotte chamberaugust2012 mcguirewoods
 
Presentation to Joint Committee on Economic Development and Emerging Technolo...
Presentation to Joint Committee on Economic Development and Emerging Technolo...Presentation to Joint Committee on Economic Development and Emerging Technolo...
Presentation to Joint Committee on Economic Development and Emerging Technolo...
 
Michigan Commercial Tax Abatements 4 06 09
Michigan Commercial Tax Abatements 4 06 09Michigan Commercial Tax Abatements 4 06 09
Michigan Commercial Tax Abatements 4 06 09
 
2010 Legislative Session Recap
2010 Legislative Session Recap2010 Legislative Session Recap
2010 Legislative Session Recap
 
Budget Options for The City of New York
Budget Options for The City of New York Budget Options for The City of New York
Budget Options for The City of New York
 
Am swedish presentation klein-seminar
Am swedish presentation klein-seminarAm swedish presentation klein-seminar
Am swedish presentation klein-seminar
 
Winter 2014 NCACC Legislative Update
Winter 2014 NCACC Legislative UpdateWinter 2014 NCACC Legislative Update
Winter 2014 NCACC Legislative Update
 
Allies Federal Energy Policy 7 09
Allies Federal Energy Policy 7 09Allies Federal Energy Policy 7 09
Allies Federal Energy Policy 7 09
 
Mini-Stimulus Presentation
Mini-Stimulus PresentationMini-Stimulus Presentation
Mini-Stimulus Presentation
 
CMAA Presentation Final Cook County
CMAA Presentation Final Cook CountyCMAA Presentation Final Cook County
CMAA Presentation Final Cook County
 
9/8 THUR 14:30 | Regulatory Re-think
9/8 THUR 14:30 | Regulatory Re-think9/8 THUR 14:30 | Regulatory Re-think
9/8 THUR 14:30 | Regulatory Re-think
 
FY16 Budget Adoption
FY16 Budget AdoptionFY16 Budget Adoption
FY16 Budget Adoption
 

More from SBC LLC

Improve Your Presentation Skills and Techniques 2016
Improve Your Presentation Skills and Techniques 2016Improve Your Presentation Skills and Techniques 2016
Improve Your Presentation Skills and Techniques 2016
SBC LLC
 
Videos – the presentation as a video
Videos – the presentation as a videoVideos – the presentation as a video
Videos – the presentation as a video
SBC LLC
 
Business Model tips
Business Model tipsBusiness Model tips
Business Model tips
SBC LLC
 
Start a business concept assessment
Start a business concept assessmentStart a business concept assessment
Start a business concept assessment
SBC LLC
 
Center for Innovation and Entrepreneurship at UNCW
Center for Innovation and Entrepreneurship at UNCWCenter for Innovation and Entrepreneurship at UNCW
Center for Innovation and Entrepreneurship at UNCW
SBC LLC
 
Mountain and Coastal Pines
Mountain and Coastal PinesMountain and Coastal Pines
Mountain and Coastal Pines
SBC LLC
 
Innovation and Technology Tour
Innovation and Technology TourInnovation and Technology Tour
Innovation and Technology Tour
SBC LLC
 
Presentations
Presentations  Presentations
Presentations
SBC LLC
 
Improve your presentation skills techniques a [recovered] lite
Improve your presentation skills techniques a [recovered] liteImprove your presentation skills techniques a [recovered] lite
Improve your presentation skills techniques a [recovered] lite
SBC LLC
 
In the pines
In the pinesIn the pines
In the pines
SBC LLC
 
Cross dept collaboration a
Cross dept collaboration aCross dept collaboration a
Cross dept collaboration a
SBC LLC
 
Riverfront rivers edge
Riverfront rivers edgeRiverfront rivers edge
Riverfront rivers edge
SBC LLC
 
River and riverside riverwalk
River and riverside riverwalkRiver and riverside riverwalk
River and riverside riverwalk
SBC LLC
 
Butler county innovation a
Butler county innovation aButler county innovation a
Butler county innovation a
SBC LLC
 
Leadership hamilton 2011 a
Leadership hamilton 2011 aLeadership hamilton 2011 a
Leadership hamilton 2011 a
SBC LLC
 
Butler county port authority 2011
Butler county port authority 2011Butler county port authority 2011
Butler county port authority 2011
SBC LLC
 
Great miami river riverside riverwalk
Great miami river riverside riverwalkGreat miami river riverside riverwalk
Great miami river riverside riverwalk
SBC LLC
 
Arts mean business one a
Arts mean business one aArts mean business one a
Arts mean business one a
SBC LLC
 

More from SBC LLC (18)

Improve Your Presentation Skills and Techniques 2016
Improve Your Presentation Skills and Techniques 2016Improve Your Presentation Skills and Techniques 2016
Improve Your Presentation Skills and Techniques 2016
 
Videos – the presentation as a video
Videos – the presentation as a videoVideos – the presentation as a video
Videos – the presentation as a video
 
Business Model tips
Business Model tipsBusiness Model tips
Business Model tips
 
Start a business concept assessment
Start a business concept assessmentStart a business concept assessment
Start a business concept assessment
 
Center for Innovation and Entrepreneurship at UNCW
Center for Innovation and Entrepreneurship at UNCWCenter for Innovation and Entrepreneurship at UNCW
Center for Innovation and Entrepreneurship at UNCW
 
Mountain and Coastal Pines
Mountain and Coastal PinesMountain and Coastal Pines
Mountain and Coastal Pines
 
Innovation and Technology Tour
Innovation and Technology TourInnovation and Technology Tour
Innovation and Technology Tour
 
Presentations
Presentations  Presentations
Presentations
 
Improve your presentation skills techniques a [recovered] lite
Improve your presentation skills techniques a [recovered] liteImprove your presentation skills techniques a [recovered] lite
Improve your presentation skills techniques a [recovered] lite
 
In the pines
In the pinesIn the pines
In the pines
 
Cross dept collaboration a
Cross dept collaboration aCross dept collaboration a
Cross dept collaboration a
 
Riverfront rivers edge
Riverfront rivers edgeRiverfront rivers edge
Riverfront rivers edge
 
River and riverside riverwalk
River and riverside riverwalkRiver and riverside riverwalk
River and riverside riverwalk
 
Butler county innovation a
Butler county innovation aButler county innovation a
Butler county innovation a
 
Leadership hamilton 2011 a
Leadership hamilton 2011 aLeadership hamilton 2011 a
Leadership hamilton 2011 a
 
Butler county port authority 2011
Butler county port authority 2011Butler county port authority 2011
Butler county port authority 2011
 
Great miami river riverside riverwalk
Great miami river riverside riverwalkGreat miami river riverside riverwalk
Great miami river riverside riverwalk
 
Arts mean business one a
Arts mean business one aArts mean business one a
Arts mean business one a
 

Recently uploaded

VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
uae taxgpt
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 

Recently uploaded (20)

VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 

Middletown and butler county port authority economic development strategy 2013 2020 future a

  • 1. Butler County Port Authority Innovation & Ideas for Today and Tomorrow
  • 2. Port Authorities in Ohio Port Authority Locations 4582 Ohio Revised Code Ohio Council of Port Authorities •Partnerships – multi-jurisdictional •Offers long term financing •Fixed rate and lower interest rates •Sales tax exemption – Example on a $5M project at 6% sales tax = $300K •Profit and non-profit organizations •Conduit for balance sheet and operating leases – possible lease cost and tax savings •Conduit for Grants – Example MRH Deconstruction http://ohioportauthorities.com/
  • 3. Vision Statement  Mission Statement: Use powers to enhance, support, facilitate and coordinate the economic health of Butler County while validating new opportunities within our confines as prescribed in the Ohio Revised Code.
  • 4. Butler County Port Authority Projects from 2005 to 2013  Quaker Chemical $10M – 40 jobs*  Middletown Regional Hospital Deconstruction $9.1M – 2,600 jobs retained and created*  YMCA $17.7M – 908 jobs retained*  Electric Lock Switch – 200 jobs retained $100K*  Intermodal Rail Study *  Intelligrated $8.6M – 267 jobs created  Application for Western States in 2012 and Public Hearing in July  Maple Knolls Communities, Inc - $75M  Local Government Innovation Grant - $100K in 2012 * Projects started in 2007
  • 6. Middletown & BCPA Quaker Chemical Expansion 2008-2010 Board Meeting at the Chamber in October 2010
  • 7. Programs & Outreach 2009-2013 Volunteer  Ohio Brownfield Conference 2009 Seminar on Port Authority Capabilities  Stimulus Bond Seminar 2009  University of Dayton Riverfront Conference  Art Means Business Program for Leadership Hamilton 2010  Local Government Innovation Fund Integrated Development Budget The Board Members are volunteers and other people volunteer as well..
  • 8. Economic Development Collaborative Value of BCPA  $125,000,000 in projects  Over 3,000 jobs retained or created  Local Government Innovation Fund Grant $100,000 Butler County Land Reutilization Corporation formed - Recently discussed Phase 2 Grant that will require a fiscal agent  Three projects starting in 2007/2008 in Middletown with a $30M investment and over 3,000 jobs retained
  • 9. Revenues and Fees 0 0 0 0 0 0 0 0 $225,000 $10,000 $10,000 $1,000 $87,500 $40,100 $50,000 $28,5910 50,000 100,000 150,000 200,000 250,000 Summary of Operating Dollars from inception through April 2009 50% 2% 2% 0% 19% 9% 11% 6% 0% 10% 20% 30% 40% 50% 60% Percentage of Operating Dollars received Note: Butler County invested $150K in the BCPA in 2009 BC 25-30%
  • 10. How did we get here? History… The Port Authority was created but not funded by an enabling legislation by the Commissioners in 2004 on July 26th. Brief history of the port authority:  Port Authority separates from TID in 2007  Port Authority has three major projects of over $30M all located in Middletown with fees of nearly $200,000 in 2007 and 2008 - - Factor for consideration: If the BCPA was not formed in 2004 those projects could have been done by ports in other counties  Growth and the need to manage projects results in the Exec. Director hired in 2008
  • 11. Advantages and Benefits  Long-term debt financing utilizing bonds  Off Balance sheet capital or ground leases  Cost reduction incentives on project development  Third Party Grant management on a regional or statewide basis
  • 12. Future Partnerships and Collaboration with the City of Middletown  Workforce Development with Ohio Development Services and Cincinnati State  Projects at the Airport, Downtown, Industrial and Commercial Parks, Malls etc.  Technology Infrastructure Projects