Legislation Details

File #: 201901668    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/24/2025 In control: Cincinnati City Council
On agenda: 11/14/2019 Final action: 11/14/2019
ORD/RES# date: ORD/RES#: 0440-2019
Title: Approving and Authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Perseverance Residential, LLC thereby authorizing 15-year tax exemption for 100% of the value of improvements made to certain real property located at 1505 - 1517 Vine Street, Cincinnati, Ohio 45202 in the Over-The-Rhine neighborhood of Cincinnati, in connection with the construction of 32 residential units, at a total construction cost of approximately $4,431,297.
Attachments: 1. Ordinance, 2. Transmittal, 3. Attachment
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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title

Approving and Authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Perseverance Residential, LLC thereby authorizing 15-year tax exemption for 100% of the value of improvements made to certain real property located at 1505 - 1517 Vine Street, Cincinnati, Ohio 45202 in the Over-The-Rhine neighborhood of Cincinnati, in connection with the construction of 32 residential units, at a total construction cost of approximately $4,431,297.

recommendation

EMERGENCY PASSAGE