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File #: 202500924    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 4/30/2025 In control: Cincinnati City Council
On agenda: 5/7/2025 Final action: 5/7/2025
ORD/RES# date: 5/7/2025 ORD/RES#: 0117-2025
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.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment, 4. 117-2025 T, 5. 117-2025

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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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PASS EMERGENCY