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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/19/2026, AUTHORIZING the City Manager to execute a Development Agreement with Cincinnati CH (OH), LLC and the Board of County Commissioners of Hamilton County, Ohio, acting for and on behalf of Hamilton County, Ohio, pertaining to the construction of a full-service convention center hotel and related infrastructure improvements in the Central Business District; ESTABLISHING new capital improvement program project account no. 980x164x261624, "Convention Center District Hotel," to provide resources in the form of a loan to pay for improvements to develop a full-service convention center hotel and related infrastructure improvements; AUTHORIZING the transfer and return to source of $10,000,000 from capital improvement program project account no. 980x164x241620, "Convention Center District Urban Renewal TIF," to the unappropriated surplus of Urban Renewal - Tax Increment Bond Fund 852; AUTHORIZING the transfer and appropriation of $10,000,000 from the unappropriated surplus of Urban Renewal - Tax Increment Bond Fund 852 to the newly established capital improvement program project account no. 980x164x261624, "Convention Center District Hotel," to provide resources in the form of a loan to pay a portion of the construction costs for improvements to develop a full-service convention center hotel and related infrastructure improvements; AUTHORIZING the transfer and appropriation of $40,000,000 from the unappropriated surplus of Urban Development Bond Fund 862 to the newly established capital improvement program project account no. 980x164x261624, "Convention Center District Hotel," to provide resources in the form of a loan to pay for improvements to develop a full-service convention center hotel and related infrastructure improvements; and DECLARING that (i) the construction and development of the convention center hotel to be an urban renewal project located in an urban renewal area, each as ...
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