Portage County Port Authority Inks Deal on Brimfield Crossings Development Project

May 2, 2007

“Brimfield Crossings LTD will commercially develop 42 acres on the west side of State Route 43. As agent for the Portage Port, the developer will construct public improvements valued at $6.5M, which will be dedicated to the County for public use. Brimfield Crossings LTD will pay for the public improvements upfront and be reimbursed through a Tax Increment Financing (TIF) over 30 years.”