What is a Port Authority?
The mission of the Medina County Port Authority (MCPA) is to implement economic development initiatives that will strengthen and diversify the economy of Medina County.
The Medina County Port Authority drives economic growth by offering creative funding and partnership opportunities to businesses expanding in our community.
MCPA encourages investment in:
- Private-sector economic development
- Government and non-profit community development projects
- Public-sector infrastructure projects that leverage and encourage private-sector investment
Created in 2003, MCPA enjoys the powers of a municipal corporation under Ohio law, but has additional flexibility to serve its private-sector clients. MCPA brings value to projects through lease financing, sales tax savings, fixed-rate bond fund financing, off-balance-sheet transactions and more.