Joint Economic Development District
The Joint Economic Development District (JEDD), was entered into with the City of Medina to enhance the development of the undeveloped portion of the township by offering assistance with infrastructure, landscaping and other financial areas as defined by the JEDD Agreement. In addition to the heightened opportunities for assistance, the City of Medina agreed to no annexation for the next 100 years and eliminated and Sports Activity Fee (SAP) for the residents of Montville Township.
The trustees recently expanded the original JEDD district to include additional commercial properties to become JEDD members. Financial incentives are available to new businesses entering the JEDD based on their current or projected payrolls. A portion of JEDD revenues are set aside to reinvest back into the businesses participating in the JEDD to help offset costs of development.