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File #: 202501793    Version: 1
Type: Ordinance Status: Pass Emergency
File created: 9/26/2025 In control: Cincinnati City Council
On agenda: 10/1/2025 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/1/2025, AUTHORIZING the City Manager to execute a Funding Agreement with Corryville Community Development Corporation to facilitate acquisition of real property located in the Corryville neighborhood of Cincinnati; AUTHORIZING the transfer and appropriation of $1,350,903 from the unappropriated surplus of Corryville Equivalent Fund 488 (Corryville TIF District) to the Department of Community and Economic Development non-personnel operating budget account no. 488x164x7200 to provide resources for the acquisition of real property; AUTHORIZING the transfer and appropriation of $120,000 from the unappropriated surplus of Corryville Equivalent Fund 488 (Corryville TIF District) to the Department of Community and Economic Development personnel operating budget account no. 488x164x7100 to provide staffing resources in support of the acquisition of real property in the Corryville neighborhood of Cincinnati; and further D...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Exhibit A

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/1/2025, AUTHORIZING the City Manager to execute a Funding Agreement with Corryville Community Development Corporation to facilitate acquisition of real property located in the Corryville neighborhood of Cincinnati; AUTHORIZING the transfer and appropriation of $1,350,903 from the unappropriated surplus of Corryville Equivalent Fund 488 (Corryville TIF District) to the Department of Community and Economic Development non-personnel operating budget account no. 488x164x7200 to provide resources for the acquisition of real property; AUTHORIZING the transfer and appropriation of $120,000 from the unappropriated surplus of Corryville Equivalent Fund 488 (Corryville TIF District) to the Department of Community and Economic Development personnel operating budget account no. 488x164x7100 to provide staffing resources in support of the acquisition of real property in the Corryville neighborhood of Cincinnati; and further DECLARING expenditures from such project account related to the acquisition of real property to be a public purpose and constitute a “Public Infrastructure Improvement” (as defined in Ohio Revised Code Section 5709.40(A)(8)) that will benefit and/or serve the District 9-Corryville TIF District Incentive District, subject to compliance with Ohio Revised Code Sections 5709.40 through 5709.43 (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>). <https://www.cincinnati-oh.gov/law/ethics/city-business%3e).>

recommendation

PASS EMERGENCY