NOTICE TO PERSONS ENGAGED IN THE BUSINESS OF
OWNING, OPERATING, OR MANAGING A HOTEL OR SHORT-TERM RENTAL
Be advised that on June 6, 2022 the Village of Russells Point Council passed Ordinance 22-1198 titled “Amending and Restating Section Chapter 183 of the Village of Russells Point Codified Ordinances”. This ordinance becomes effective on July 6, 2022 and requires every person engaged in the business of owning, operating, or managing a hotel or short-term rental to collect from all guests and transient guests, and pay to the Village, a convention and rental tax on all transactions.
Owners are required to:
1. Register the hotel or short-term rental by August 6, 2022, or within thirty (30) days after commencing such business, whichever is later.
2. Post the “Transient Occupancy Registration Certificate” in a conspicuous place on the hotel or short-term rental premises.
3. Charge each guest or transient guest a tax equal to a total of six percent (6%) of the transaction. (This consists of a 3% Convention Tax and a 3% Rental Tax)
4. Separately state these charges on each bill, statement, or other similar document when occupancy is initially arranged or contracted.
5. Charges are required to be billed on all transactions starting August 1, 2022.
6. Complete the “Hotel, Short-Term Rental and Convention Tax Return” and pay the collected excise tax on a monthly basis and is due by the 15th of the month following the month of collection. Payments not received by the due date will incur penalties.
REMEMBER ALL BUSINESSES OPERATING IN THE VILLAGE OF RUSSELLS POINT ARE ALSO REQUIRED TO
FILE AND PAY A ONE-PERCENT (1%) LOCAL INCOME TAX. CLICK HERE TO LEARN MORE.
Neighborhood Revitalization Grant - VARIOUS PROJECTS
The Village has been awarded a Logan County CDBG Neighborhood Revitalization Grant in the amount of $750,000 with an additional $100,000 awarded through the CDBG allocation. These funds along with village matches will complete an estimated $1,079,300 in various projects throughout the village. Click here to see the breakdown of projects and estimated costs.
COMMUNITY REINVESTMENT AREA (CRA):
On May 16, 2022, the Village of Russells Point Council adopted Resolution 22 – 981: Implementing Ohio revised code sections 3735.65 through 3735.70, establishing and describing the boundaries of the village of Russells Point Community Reinvestment Area in the Village of Russells Point, Logan County, Ohio, designating a housing officer to administer the program, creating a community reinvestment housing council, and creating a tax incentive review council.
The complete resolution and exhibits can be viewed here.
433 St. Rt. 708 - P.O. Box 30 - Russells Point, Ohio 43348 Phone: 937-843-2245 - Fax: 937-843-9956
The Village of Russells Point has been working to secure funding to replace, repair and install new storm water infrastructure throughout the village. The most recent projected cost is $4,152,444 base on preliminary engineering estimates.
In May of 2022 the village was informed by USDA that our application for the remaining funds needed to complete the project has been set aside in the form of an additional grant and loan.
The entire project is currently being engineered for final design by Choice One Engineering and is estimated to be bid out in October 2022.
Funding for the entire project will be paid through the following sources:
Army Corps of Engineering Grant
The Village has been awarded a grant from the U.S. Army Corps of Engineers which will cover $994,444 of the project including the Village's match of $331,481.33.
8/1 - The U.S. Army Corps of Engineers has completed a draft environmental assessment. Click here for more information.
Ohio Dept. of Development HB 168 Grant
The Village was awarded an infrastructure design grant in connection with the Storm Water Infrastructure Project in the amount of $100,000. These funds will be used toward the engineering costs to design the final plans for the village wide storm water infrastructure improvements.
USDA Grant & Loan
USDA has set aside $1,200,000 in grant funding and $1,858,000 in loan. The loan will be secured by a General Obligation Bond for 40 year at a rate of 1.50% and estimated annual payments of $61,946
Changes to Contractor Registration Requirements - Effective Immediately
Please note that contractors are no longer required to register with the Village of Russells Point. Residents will be responsible to ensure that their contractors have proper Workers Compensation and liability insurance. The purpose for this change is that some contractors are required to also register with the County, some contractors would pass the registration fee on to the customer, and contractors would be required to stop work if they were not registered delaying the project.