File #: 202102526    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 8/2/2021 In control: Cincinnati City Council
On agenda: 8/4/2021 Final action: 8/4/2021
ORD/RES# date: 8/4/2021 ORD/RES#: 0313-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 8/2/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 254 Mohawk LLC, thereby authorizing a 12-year tax exemption for 100% of the value of improvements made to real property located at 254 Mohawk Street in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of two existing buildings to create approximately 3,655 square feet of residential space consisting of 9 residential units, at a total construction cost of approximately $725,847. (MR. MANN IS EXCUSED FROM VOTING ON THIS ITEM)
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Exhibit A, 4. 313-2021 T, 5. 313-2021

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 8/2/2021, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 254 Mohawk LLC, thereby authorizing a 12-year tax exemption for 100% of the value of improvements made to real property located at 254 Mohawk Street in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of two existing buildings to create approximately 3,655 square feet of residential space consisting of 9 residential units, at a total construction cost of approximately $725,847. (MR. MANN IS EXCUSED FROM VOTING ON THIS ITEM)

recommendation

PASS EMERGENCY