FINDLAY — The board of directors of the Blanchard Valley Port Authority has approved an agreement with Hancock County that it hopes will bring prospective development projects to the port authority.
The agreement states the county will advise the port authority of businesses and nonprofit organizations interested in financing projects with revenue bonds. A similar agreement was approved with the city of Findlay in June.
“The port authority was created in 2007 by the county and city to help promote economic development,” Robert Beach, chairman of the port authority board, said in a news release. “One way to do that is through the issuance of revenue bonds. This will give the port authority access to more projects.”
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.