City of Cincinnati - File #: 202500826

• File #: 202500826
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 4/18/2025
• In control: Cincinnati City Council
• On agenda: 4/30/2025
• Final action: 4/30/2025
• ORD/RES# date: 4/30/2025
• ORD/RES#: 0110-2025
• Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/23/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Prospiant, Inc., pursuant to which the company agrees to create 120 new jobs at 7108 Shona Drive in the Roselawn neighborhood of Cincinnati and, for a period of eight 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

Date	Ver.	Action By	Action	Result
4/30/2025	1	Cincinnati City Council	Passed Emergency	Pass
4/30/2025	1	Cincinnati City Council	Emergency clause to remain	Pass
4/30/2025	1	Cincinnati City Council	Suspension of the three readings	Pass
4/28/2025	1	Budget and Finance Committee	Recommend Passage Emergency
4/23/2025	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/23/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Prospiant, Inc., pursuant to which the company agrees to create 120 new jobs at 7108 Shona Drive in the Roselawn neighborhood of Cincinnati and, for a period of eight years, the City agrees to provide an income tax credit equal to forty percent of City income tax revenue from such new jobs.

recommendation

PASS EMERGENCY