File #: 202102154    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/4/2021 In control: Cincinnati City Council
On agenda: 6/16/2021 Final action: 6/16/2021
ORD/RES# date: 6/16/2021 ORD/RES#: 0240-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/9/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Moerlein Mansion, LLC, thereby authorizing a 12-year tax exemption for 100% of the value of improvements made to real property located at 18 Mulberry Street in the Mt. Auburn neighborhood of Cincinnati, in connection with the remodeling of the existing building into approximately 6,722 square feet of residential space consisting of 9 residential units, at a total construction cost of approximately $471,208.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Exhibit A, 4. 240-2021 T, 5. 240-2021

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/9/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with  Moerlein Mansion, LLC, thereby authorizing a 12-year tax exemption for 100% of the value of improvements made to real property located at 18 Mulberry Street in the Mt. Auburn neighborhood of Cincinnati, in connection with the remodeling of the existing building into approximately 6,722 square feet of residential space consisting of 9 residential units, at a total construction cost of approximately $471,208.

recommendation

PASS EMERGENCY