City of Cincinnati - File #: 202400295

• File #: 202400295
• Version: 1
• Type: Ordinance
• Status: Indefinitely Postponed
• File created: 1/19/2024
• In control: Budget and Finance Committee
• On agenda: 3/4/2024
• Final action: 3/25/2024
• Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 1/24/2024, AUTHORIZING the transfer and return to source of $410,000 from capital improvement program project account no. 980x164x221616, "King Records Building Restoration," to unappropriated surplus of General Fund 050; AUTHORIZING the transfer and appropriation of $410,000 from the unappropriated surplus of General Fund 050 to the Department of Community and Economic Development FY 2024 non-personnel operating budget account no. 050x164x7200 to provide resources for professional services and operating support to allow King Records Legacy, Inc. d/b/a King Records Legacy Foundation to undertake pre-development activities related to the eventual renovation of the former King Records building; and DECLARING that the King Records Legacy, Inc. d/b/a King Records Legacy Foundation's pre-development activities related to the eventual renovation of the former King Records building serve a public purpose because the eventu...
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
3/25/2024	1	Budget and Finance Committee
3/18/2024	1	Budget and Finance Committee
3/4/2024	1	Budget and Finance Committee	Held
2/7/2024	1	Cincinnati City Council	Referred to Budget & Finance Committee
2/7/2024	1	Cincinnati City Council	Motion to Refer back to Committee	Pass
2/5/2024	1	Budget and Finance Committee	Recommend Passage Emergency
1/31/2024	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 1/24/2024, AUTHORIZING the transfer and return to source of $410,000 from capital improvement program project account no. 980x164x221616, “King Records Building Restoration,” to unappropriated surplus of General Fund 050; AUTHORIZING the transfer and appropriation of $410,000 from the unappropriated surplus of General Fund 050 to the Department of Community and Economic Development FY 2024 non-personnel operating budget account no. 050x164x7200 to provide resources for professional services and operating support to allow King Records Legacy, Inc. d/b/a King Records Legacy Foundation to undertake pre-development activities related to the eventual renovation of the former King Records building; and DECLARING that the King Records Legacy, Inc. d/b/a King Records Legacy Foundation’s pre-development activities related to the eventual renovation of the former King Records building serve a public purpose because the eventual renovation of the former King Records building will foster local improvements and investment and increase neighborhood vitality.

recommendation

PASS EMERGENCY