CARES Act Funding to support small businesses during pandemic

On Oct. 23, Ohio Governor Mike DeWine and Lt. Governor John Husted announced a funding package meant to help organizations across Ohio that have been struggling financially due to the COVID-19 pandemic. The CARES Act funding will total $419.5 million and is divided amongst several different agencies across Ohio; this includes $50 million from the Coronavirus Relief Fund to 47 different Community Action Agencies meant to provide rent, mortgage, and water assistance to Ohioans dating back to Apr. 1, 2020. $37.5 million will be allocated to the Bar and Restaurant Assistance Fund, which will help restaurants and bars who have struggled to stay in business due to lockdowns related to

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Renaissance Park spurs Geauga Lake redevelopment

After years of negotiations and failed proposals, Renaissance Park, a housing development, will replace acres of Aurora land formerly occupied by Geauga Lake and Wildwater Kingdom. Developed by Pulte Homes, a subdivision of PulteGroup, Inc., the 246-acre development will consist of 125 ranch-style homes, 119 townhomes, and 64 two-story single-family homes. Houses are expected to be ready for purchase in early 2021. The Cedar Fair property has been dormant since 2016 when Wildwater Kingdom closed. The amusement park closed in 2007, with many of its assets selling off to other parks. Despite being divided between Aurora and Bainbridge Township, Cedar Fair’s responsibility is to sell the land to potential buyers.

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Small businesses see financial growth in first year of tax overhaul, but the cause remains unclear

Words by: Caelin Mills and Nicholas Hunter Less than a year after President Donald Trump introduced his overhaul of the tax system, the Tax Cuts and Jobs Act of 2017, Portage County businesses are seeing an uptick in business growth and revenue. It is unclear, however, whether the bill is the cause for this success. The bill, to be first implemented in fiscal year 2018, passed with the notion it would alleviate financial burdens on small business owners and middle class workers throughout the country. Tax Cuts and Jobs Act by on Scribd “The biggest winners will be the everyday American workers as jobs start pouring into our country, as

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Downtown parking meters garnering mixed reactions after first three years of operation

Words by: Caelin Mills and Nicholas Hunter Local business owners have started seeing the changes Kent City Council promised the new parking meters would bring to business since their installation in May 2015. Bridget Susel, director of the Kent Community Development Department, said meters had not been used downtown since the 1970s. “They were brought back because when the downtown redevelopment was completed,” Susel said. “Many of the first floor restaurants and retail operations wanted to fulfill greater turnover for patrons.” Lauren Heroux, the general manager of Tree City Coffee, said the local coffee shop was not directly involved in the decision-making process. “I know the owners definitely paid attention

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