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File #: 202102342    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/18/2021 In control: Cincinnati City Council
On agenda: 6/23/2021 Final action: 6/23/2021
ORD/RES# date: 6/23/2021 ORD/RES#: 0287-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/21/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Gest Street Distributions, LLC, Nehemiah Manufacturing Company LLC, and the Port of Greater Cincinnati Development Authority, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 979 Berlin Street in the Lower Price Hill neighborhood of Cincinnati, in connection with the construction of approximately 46,961 square feet of industrial space and approximately 2,939 square feet of office space, at a total construction cost of approximately $3,630,000.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Exhibit A, 4. 287-2021 T, 5. 287-2021

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/21/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Gest Street Distributions, LLC, Nehemiah Manufacturing Company LLC, and the Port of Greater Cincinnati Development Authority, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 979 Berlin Street in the Lower Price Hill neighborhood of Cincinnati, in connection with the construction of approximately 46,961 square feet of industrial space and approximately 2,939 square feet of office space, at a total construction cost of approximately $3,630,000.

recommendation

PASS EMERGENCY