File #: 202501230    Version: 1
Type: Ordinance Status: Pass Emergency
File created: 6/6/2025 In control: Cincinnati City Council
On agenda: 6/18/2025 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/11/2025, ESTABLISHING new capital improvement program project account no. 980x164x251634, "Fourth, Fifth, and Walnut Streetscape" to complete streetscape improvements on 4th Street, 5th Street, and Walnut Street (the "Streetscape Improvements"); ESTABLISHING new capital improvement program project account no. 980x164x251635, "Fourth, Fifth, and Walnut Streetscape - TIF" to complete the Streetscape Improvements; AUTHORIZING the transfer and return to source of $2,000,000 from existing capital improvement program project account no. 980x233x222399, "Western Hills Viaduct" to the unappropriated surplus of Street Improvement Bond Fund 858; AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of Street Improvement Bond Fund 858 to newly established capital improvement program project account no. 980x164x251634, "Fourth, Fifth, and Walnut Streetscape" to complete the Streetscape Impro...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/11/2025, ESTABLISHING new capital improvement program project account no. 980x164x251634, “Fourth, Fifth, and Walnut Streetscape” to complete streetscape improvements on 4th Street, 5th Street, and Walnut Street (the “Streetscape Improvements”); ESTABLISHING new capital improvement program project account no. 980x164x251635, “Fourth, Fifth, and Walnut Streetscape - TIF” to complete the Streetscape Improvements; AUTHORIZING the transfer and return to source of $2,000,000 from existing capital improvement program project account no. 980x233x222399, “Western Hills Viaduct” to the unappropriated surplus of Street Improvement Bond Fund 858; AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of Street Improvement Bond Fund 858 to newly established capital improvement program project account no. 980x164x251634, “Fourth, Fifth, and Walnut Streetscape” to complete the Streetscape Improvements; AUTHORIZING the transfer and appropriation of $3,718,358 from the unappropriated surplus of Downtown/OTR East Equivalent Fund 483 (Downtown/OTR East TIF District) to newly established capital improvement program project account no. 980x164x251635, “Fourth, Fifth, and Walnut Streetscape - TIF” to complete the Streetscape Improvements; and DECLARING that the Streetscape Improvements constitute a “Public Infrastructure Improvement” (as defined in Ohio Revised Code (“R.C.”) Section 5709.40(A)(8)) that will benefit and/or serve the District 4-Downtown/OTR East District Incentive District, subject to compliance with R.C. Sections 5709.40 through 5709.43. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>).

recommendation

PASS EMERGENCY