I am thrilled to announce that the City is the recipient of nearly $1,500,000.00 in funds as a result of a cooperative effort between the City, the Summit County Land Bank and Fiscal Office, as well as State and federal regulatory agencies concerning the property formerly known as the Bedford Anodizing property.
The City began working on this project nearly a decade ago after an incident at the site resulted in a significant environmental contamination of the property which necessitated intervention by the United States E.P.A., among others. After years of working to rejuvenate the property so that it may be repurposed, the City, along with Summit County and the Summit County Land Bank, were able to coordinate with a national development company to bring in immediate and much-needed funds to Macedonia. More importantly, this coordination sets the groundwork for redevelopment of the property, which will in turn generate tax dollars for the School District, the County, as well as the City, and provide additional economic stability in the region.
As to this effort, Summit County Fiscal Officer Kristen Scalise stated “I am very pleased to partner with the Summit County Land Bank and the City of Macedonia to see the Bedford Anodizing project put back into productive tax use for future development. With this investment, I look forward to seeing the creation of well-paying jobs for the Summit County residents.”
Summit County Land Bank President Patrick Bravo, who was also integral in bringing the project to fruition, stated “On behalf of our board and my staff, I would like to thank our partners at the City of Macedonia, Summit County Fiscal Officer Kristen Scalise, Summit County Executive Ilene Shapiro, the Ohio EPA, NEFCO, and Partners Environmental for their hard work in addressing the environmental issues that prevented this site, until now, from reaching its fullest potential.”
Moving forward, the City will work, as will the School District, to consider potential economic incentives to maximize development potential at the property. The City will be looking to utilize the funds received towards much-needed municipal infrastructure improvements. As always, for any additional questions, please do not hesitate to contact the Mayor’s Office.