City of Cincinnati - File #: 202301515

• File #: 202301515
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 5/26/2023
• In control: Cincinnati City Council
• On agenda: 6/14/2023
• Final action: 6/14/2023
• ORD/RES# date: 6/14/2023
• ORD/RES#: 0221-2023
• Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/1/2023, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Cincinnati Northside Community Urban Redevelopment Corporation and the Port of Greater Cincinnati Development Authority, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 4024 Hamilton Avenue in the Northside neighborhood of Cincinnati, in connection with the remodeling of an existing building into approximately 5,100 square feet of commercial space, at a total construction cost of approximately $1,202,560.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/14/2023	1	Cincinnati City Council	Passed Emergency	Pass
6/14/2023	1	Cincinnati City Council	Emergency clause to remain	Pass
6/14/2023	1	Cincinnati City Council	Suspension of the three readings	Pass
6/12/2023	1	Budget and Finance Committee	Recommend Passage Emergency
6/5/2023	1	Budget and Finance Committee	Held
6/1/2023	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/1/2023, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Cincinnati Northside Community Urban Redevelopment Corporation and the Port of Greater Cincinnati Development Authority, thereby authorizing a  fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 4024 Hamilton Avenue in the Northside neighborhood of Cincinnati, in connection with the remodeling of an existing building into approximately 5,100 square feet of commercial space, at a total construction cost of approximately $1,202,560.

recommendation

PASS EMERGENCY