City of Cincinnati - File #: 202401480

• File #: 202401480
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 5/24/2024
• In control: Cincinnati City Council
• On agenda: 6/5/2024
• Final action: 6/5/2024
• ORD/RES# date: 6/5/2024
• ORD/RES#: 0193-2024
• Title: ORDINANCE (EMERGENCY), submitted by Sheryl M. M. Long, City Manager, on 5/30/2024, AUTHORIZING the transfer and appropriation of $1,281,534.68 from the unappropriated surplus of College Hill Equivalent Fund 527 to the Department of Community and Economic Development ("DCED") non-personnel operating budget account no. 527x164x7200 to provide resources for the acquisition of the improvements located at College Hill Plaza at 5819-5851 Hamilton Avenue and 1613-1617 Cedar Avenue; AUTHORIZING the transfer and appropriation of $468,465.32 from the unappropriated surplus of Municipal Public Improvement Equivalent Fund 491 to the DCED non-personnel operating budget account no. 491x164x7200 to provide resources for the acquisition of the improvements located at College Hill Plaza at 5819-5851 Hamilton Avenue and 1613-1617 Cedar Avenue; and DECLARING that expenditures from the DCED non-personnel operating budget account nos. 527x164x7200 and 491x164x7200 for the acquisition of the improvements lo...
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/5/2024	1	Cincinnati City Council	Passed Emergency	Pass
6/5/2024	1	Cincinnati City Council	Emergency clause to remain	Pass
6/5/2024	1	Cincinnati City Council	Suspension of the three readings	Pass
6/3/2024	1	Budget and Finance Committee
5/30/2024	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY), submitted by Sheryl M. M. Long, City Manager, on 5/30/2024, AUTHORIZING the transfer and appropriation of $1,281,534.68 from the unappropriated surplus of College Hill Equivalent Fund 527 to the Department of Community and Economic Development (“DCED”) non-personnel operating budget account no. 527x164x7200 to provide resources for the acquisition of the improvements located at College Hill Plaza at 5819-5851 Hamilton Avenue and 1613-1617 Cedar Avenue; AUTHORIZING the transfer and appropriation of $468,465.32 from the unappropriated surplus of Municipal Public Improvement Equivalent Fund 491 to the DCED non-personnel operating budget account no. 491x164x7200 to provide resources for the acquisition of the improvements located at College Hill Plaza at 5819-5851 Hamilton Avenue and 1613-1617 Cedar Avenue; and DECLARING that expenditures from the DCED non-personnel operating budget account nos. 527x164x7200 and 491x164x7200 for the acquisition of the improvements located at College Hill Plaza at 5819-5851 Hamilton Avenue and 1613-1617 Cedar Avenue are for a public purpose and constitute a “Public Infrastructure Improvement” (as defined in Section 5709.40(A)(8) of the Ohio Revised Code), that will benefit and/or serve the District 27-College Hill District Incentive District, subject to compliance with Ohio Revised Code Sections 5709.40 through 5709.43.

recommendation

PASS EMERGENCY