Legislation Details

File #: 201901563    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/24/2025 In control: Cincinnati City Council
On agenda: Final action: 10/16/2019
ORD/RES# date: ORD/RES#: 0396-2019
Title: ORDINANCE (EMERGENCY), from Patrick A. Duhaney, City Manager, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with 12 E. Court Street LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 12 E. Court Street in Downtown Cincinnati, in connection with the remodeling of the existing building into approximately 13 apartments, which remodeling shall be completed in compliance with Leadership in Energy and Environmental Design Silver, Gold or Platinum standards or Living Building Challenge standards, at a total remodeling cost of approximately $734,500.
Sponsors: City Manager
Attachments: 1. Ordinance, 2. 396-2019 T, 3. 396-2019 A
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ORDINANCE (EMERGENCY), from Patrick A. Duhaney, City Manager, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with 12 E. Court Street LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 12 E. Court Street in Downtown Cincinnati, in connection with the remodeling of the existing building into approximately 13 apartments, which remodeling shall be completed in compliance with Leadership in Energy and Environmental Design Silver, Gold or Platinum standards or Living Building Challenge standards, at a total remodeling cost of approximately $734,500.