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File #: 202001435    Version: 1
Type: Motion Status: Adopted
File created: 9/1/2020 In control: Cincinnati City Council
On agenda: 9/28/2020 Final action: 10/14/2020
ORD/RES# date: ORD/RES#:
Title: MOTION, (AMENDED) submitted by Councilmembers Young and Kearney, WE MOVE that the Administration amend the existing CRA agreement with 2347 Reading Road, LLC, an affiliate of Kingsley & Co., for its 2347 Reading Road hotel project to: (1) extend the project completion deadline through December 31, 2021, and (2) extend the outside tax year by which the abatement would commence through 2024. (AMENDED ON THE FLOOR OF COMMITTEE ON 10/12/2020) (STATEMENT ATTACHED)
Sponsors: Wendell Young, Jan-Michele Kearney
Attachments: 1. MOTION, 2. Amendment to Motion

title

MOTION, (AMENDED) submitted by Councilmembers Young and Kearney, WE MOVE that the Administration amend the existing CRA agreement with 2347 Reading Road, LLC, an affiliate of Kingsley & Co., for its 2347 Reading Road hotel project to: (1) extend the project completion deadline through December 31, 2021, and (2) extend the outside tax year by which the abatement would commence through 2024.  (AMENDED ON THE FLOOR OF COMMITTEE ON 10/12/2020) (STATEMENT ATTACHED)

recommendation

PURSUANT TO RULE 10.8