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Among the highlights of the new agreement:
1. It provides a minimum combined total of $300,000 in annual disbursements among the jurisdictions. This was the amount disbursed in 2016. For 2017, $900,000 is budgeted.
2. It provides that the entire area within the district is a mixed-use development, which allows all JEDD parcels - including apartments – to be subject to income taxes. It also allows for redevelopment within the district.
3. It provides compensation for the tax administrator, in the current case Miamisburg. The tax administrator will receive 5 percent of the district's prior year income tax revenues.
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