File #:
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202500924
Version:
1
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Type:
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Ordinance
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Status:
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Passed Emergency
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On agenda:
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5/7/2025
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Final action:
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5/7/2025
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ORD/RES# date:
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5/7/2025
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ORD/RES#:
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0117-2025
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Title:
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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/30/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Waites Sensor Technologies, Inc., a Delaware corporation, pursuant to which the company agrees to create 48 new jobs at 1045 W. 8th Street in the Queensgate 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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title
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/30/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Waites Sensor Technologies, Inc., a Delaware corporation, pursuant to which the company agrees to create 48 new jobs at 1045 W. 8th Street in the Queensgate 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.
recommendation
PASS EMERGENCY
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