City of Cincinnati - File #: 202103093

• File #: 202103093
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 11/10/2021
• In control: Cincinnati City Council
• On agenda: 11/17/2021
• Final action: 11/17/2021
• ORD/RES# date: 11/17/2021
• ORD/RES#: 0433-2021
• Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 11/10/2021, ESTABLISHING new capital improvement program project account no. 980x164x221615, "Fountain Place Redevelopment - Divisions Inc"; AUTHORIZING the transfer and appropriation of the sum of $1,200,000 from the unappropriated surplus of Urban Renewal - Tax Increment Bond Fund 852 to newly established capital improvement program project account no. 980x164x221615, "Fountain Place Redevelopment - Divisions Inc," for the purpose of providing resources for improvements to real property located at project site 50 West 5th Street; DECLARING that expenditures from capital improvement program project account no. 980x164x221615 serve a public purpose; and DECLARING this capital improvement project an urban renewal project located in an urban renewal area, each as defined in Ohio Revised Code Chapter 725.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
11/17/2021	1	Cincinnati City Council	Passed Emergency	Pass
11/17/2021	1	Cincinnati City Council	Emergency clause to remain	Pass
11/17/2021	1	Cincinnati City Council	Suspension of the three readings	Pass
11/15/2021	1	Budget and Finance Committee
11/10/2021	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 11/10/2021, ESTABLISHING new capital improvement program project account no. 980x164x221615, “Fountain Place Redevelopment - Divisions Inc”; AUTHORIZING the transfer and appropriation of the sum of $1,200,000 from the unappropriated surplus of Urban Renewal - Tax Increment Bond Fund 852 to newly established capital improvement program project account no. 980x164x221615, “Fountain Place Redevelopment - Divisions Inc,” for the purpose of providing resources for improvements to real property located at project site 50 West 5^th Street; DECLARING that expenditures from capital improvement program project account no. 980x164x221615 serve a public purpose; and DECLARING this capital improvement project an urban renewal project located in an urban renewal area, each as defined in Ohio Revised Code Chapter 725.

recommendation

PASS EMERGENCY