In 2004 Concord Township, a community of approximately 19,500 residents was approached by a regional hospital system to build a new hospital on a 40 acre greenfield site.  The Township Trustees willingly supported the necessary referendum for the new hospital. The referendum passed and the regional hospital system moved forward with its building plans. The new hospital was actually the move of an existing hospital from a contiguous, neighboring community.  This was being done without any initial compensation to the community.  The move of this hospital to Concord Township would become an anchor site of a mile-long corridor at a key area for development.  This move prompted another competitive larger hospital system to secretly purchase an adjoining property to place an outpatient facility. 

While both would make for great anchors in this corridor, it also meant increased pressures upon the Township to provide the necessary improvements to its infrastructure and to provide the increased daily services.  Faced with increasing fiscal pressure due to the establishment of these facilities, Concord decided to embark upon a vehicle to restore a degree of revenue through a Joint Economic Development District (JEDD).  Through a JEDD, Concord partnered with an incorporated municipality and created a partnership in a designated territory to be known as a JEDD which fell under the taxing authority of permitted to incorporated municipality.  Through the partnership negotiations would apportion the personal income tax between the partners as negotiated through a contract. Both the Township and the City were able to benefit from the relationship of the JEDD.