File #: 202500198    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 1/31/2025 In control: Cincinnati City Council
On agenda: 2/20/2025 Final action: 2/20/2025
ORD/RES# date: 2/20/2025 ORD/RES#: 0034-2025
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/5/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with DSWDWK, LLC, an Ohio limited liability company doing business as Impact Beverage, pursuant to which the company agrees to create sixty new jobs at 4831 Spring Grove Avenue and 4330 Winton Road in the Spring Grove Village neighborhood of Cincinnati and, for a period of seven years, the City agrees to provide an income tax credit equal to forty percent of City income tax revenue from such new jobs.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment, 4. 34-2025 T, 5. 34-2025

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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/5/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with DSWDWK, LLC, an Ohio limited liability company doing business as Impact Beverage, pursuant to which the company agrees to create sixty new jobs at 4831 Spring Grove Avenue and 4330 Winton Road in the Spring Grove Village neighborhood of Cincinnati and, for a period of seven years, the City agrees to provide an income tax credit equal to forty percent of City income tax revenue from such new jobs.

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PASS EMERGENCY