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File #: 202102205    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/11/2021 In control: Cincinnati City Council
On agenda: 6/23/2021 Final action: 6/23/2021
ORD/RES# date: 6/23/2021 ORD/RES#: 0267-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/16/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Curtis Street Investments, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 921-925 Curtis Street and 2363 St. James Avenue in the Walnut Hills neighborhood of Cincinnati, in connection with the remodeling of an existing building to create approximately 20,500 square feet of commercial office space and approximately 10,500 square feet of commercial warehouse space, at a total construction cost of approximately $2,315,000.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Exhibit A, 4. 267-2021 T, 5. 267-2021

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/16/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Curtis Street Investments, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 921-925 Curtis Street and 2363 St. James Avenue in the Walnut Hills neighborhood of Cincinnati, in connection with the remodeling of an existing building to create approximately 20,500 square feet of commercial office space and approximately 10,500 square feet of commercial warehouse space, at a total construction cost of approximately $2,315,000.

recommendation

PASS EMERGENCY