The Press Newspaper
Council had previously approved placing a .25 percent city income tax increase for three years on the ballot, which would bump up the income tax rate from 1.5 percent to 1.75 percent if approved. Weeks later, Councilman Ed Schimmel had asked the city’s attorney to prepare legislation that would remove the proposal from the ballot.
At a recent meeting, council, by a vote of 5-2, defeated the measure. Schimmel and Council President James Barton voted to remove the proposal from the ballot.
“We do need this levy,” said Councilman Mike Myers. “The people have the right to go out and vote yes or no. Give people the opportunity to vote for it. If they turn it down, they turn it down.”
Councilman Dave Gallaher agreed.
“If the income tax is taken off the ballot, or if the income tax is left on the ballot and not approved [by voters], then the option would be to keep cutting personnel until we get to the point where we can’t…operate as a city anymore. To me, that’s not an option. That’s more like giving up and throwing your hands in the air. We should be looking at moving this city forward. To do that, we’re going to have to turn the tide and do something. I think we owe it to the residents to let them know how important this is, and give them the opportunity to support the city.”
Council has made deep budget cuts and layoffs in the last two years as a result of the economic recession.
Spectra Group reaches 20th anniversary
From its beginnings as research conducted in a chemistry lab at Bowling Green State University, a local high-tech business has grown to serve foreign and domestic markets.
Spectra Group Limited, Inc., observed its 20th anniversary with an open house recently at its Lemoyne Road facility in Millbury, where the company has been located since April, 2005 – having moved there from Arrowhead Park.
“We needed a place where we could do more manufacturing,” Alex Mejiritski, president, said, adding the company has plans to expand into adjoining suites and possibly hire one or two more employees.
Currently, the company employs six with almost everyone except for the office manager a holder of a Ph.D. in a specialized field of chemistry.
To call Spectra a chemical company, however, would be akin to calling a Ferrari a vehicle.
Spectra’s website describes itself as a company “…specializing in creative solutions in the photo-sciences” and having a “…unique collection of technology experts providing coverage of various fields, including photo-chemistry, polymer chemistry, synthetic organic chemistry, photo-initiator synthesis, resin formulation for radiation cure and applied development, and spectroscopy.”
The City of Toledo has been awarded over $3.5 million in federal funding from the Department of Housing and Urban
Development to continue stabilizing and strengthening Toledo neighborhoods that have been hit by the foreclosure crisis.
The grant is part of the third round of funding for the Neighborhood Stabilization Program (NSP) and was allocated as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Toledo’s award was the third highest allocation among Ohio cities and counties, higher than Cincinnati’s allocation ($3.1 million) despite its rank as the third most populous Ohio city. Approximately 250 U.S. cities and counties received NSP III allocations. Toledo’s allocation landed the city in the top 50 nationwide based on amount received.
The money will be used locally to acquire and rehabilitate foreclosed homes in order to make them salable once again. The funding can also be used to provide qualifying homebuyers with down payment assistance.
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