Partnership

Middletown is served by the Butler County Port Authority. Ohio Port authorities have the legislative power to purchase, subdivide, sell and lease real estate property. Because of their tax-exempt status, port authorities have the advantage of passing savings on to economic development projects, thus making projects possible that might not otherwise happen. They facilitate economic development projects by:

  • Loaning monies at competitive rates and terms;
  • Acquiring and selling property to economic development projects; and
  • Providing security for an economic development project by facilitating a structured financing such as a synthetic lease.