Nearly $500K tap-in fee reduction for Warren County development

Warren County will grant a $491,000 reduction to tap-in fees to the developer of the former Peters Cartridge Factory.

The commissioners unanimously approved a resolution Tuesday supporting the 50 percent cut in rates sought by Kenneth Schon, developer of the property, which was the subject of of an environmental clean-up.

RELATED:$5 million EPA clean-up closes bike trail.

Bloomfield-Schon will still pay $491,000 for tap-in fees, if it goes forward with the development.

“We don’t cut deals. We’re not making deals to developers to develop a normal piece of property,” Commissioner Dave Young said.

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Young said the county made an exception because the development would eliminate an eyesore and potentially draw young urban professionals to the development along the multi-use trail along the Little Miami River.

It’s an eyesore,” Young said. “It could be fantastically cool once they do it.”

Schon sought the reduction last year in hopes of helping bringing the projected $25 million project a reality after 15 years of planning.

On Tuesday, Schon said the reduction would help, but would leave him with a funding gap.

“We’ll roll up our sleeves and figure out how to do it,” he said. “It will just take us longer.”

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