File #: 202501084    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 5/23/2025 In control: Cincinnati City Council
On agenda: 5/29/2025 Final action: 5/29/2025
ORD/RES# date: 5/29/2025 ORD/RES#: 0147-2025
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 5/27/2025, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Kam Investing, LLC and O'Rourke Wrecking Company, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 660 Lunken Park Drive in the Linwood neighborhood of Cincinnati, in connection with the remodeling and expansion of an existing building into approximately 22,178 square feet of commercial space, consisting of a new headquarters building for O'Rourke Wrecking Company, at a total construction cost of approximately $4,274,000.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment, 4. 147-2025 T, 5. 147-2025

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 5/27/2025, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Kam Investing, LLC and O'Rourke Wrecking Company, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 660 Lunken Park Drive in the Linwood neighborhood of Cincinnati, in connection with the remodeling and expansion of an existing building into approximately 22,178 square feet of commercial space, consisting of a new headquarters building for O'Rourke Wrecking Company, at a total construction cost of approximately $4,274,000.

recommendation

PASS EMERGENCY