City of Cincinnati - File #: 202001435

• File #: 202001435
• Version: 1
• Type: Motion
• Status: Adopted
• File created: 9/1/2020
• In control: Cincinnati City Council
• On agenda: 9/28/2020
• Final action: 10/14/2020
• Title: MOTION, (AMENDED) submitted by Councilmembers Young and Kearney, WE MOVE that the Administration amend the existing CRA agreement with 2347 Reading Road, LLC, an affiliate of Kingsley & Co., for its 2347 Reading Road hotel project to: (1) extend the project completion deadline through December 31, 2021, and (2) extend the outside tax year by which the abatement would commence through 2024. (AMENDED ON THE FLOOR OF COMMITTEE ON 10/12/2020) (STATEMENT ATTACHED)
• Sponsors: Wendell Young, Jan-Michele Kearney

Date	Ver.	Action By	Action	Result
10/14/2020	1	Cincinnati City Council	Adopted	Pass
10/12/2020	1	Budget and Finance Committee
9/28/2020	1	Budget and Finance Committee
9/14/2020	1	Budget and Finance Committee	Referred to CM for a Report
9/2/2020	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

MOTION, (AMENDED) submitted by Councilmembers Young and Kearney, WE MOVE that the Administration amend the existing CRA agreement with 2347 Reading Road, LLC, an affiliate of Kingsley & Co., for its 2347 Reading Road hotel project to: (1) extend the project completion deadline through December 31, 2021, and (2) extend the outside tax year by which the abatement would commence through 2024.  (AMENDED ON THE FLOOR OF COMMITTEE ON 10/12/2020) (STATEMENT ATTACHED)

recommendation

PURSUANT TO RULE 10.8