City of Cincinnati - File #: 202102547

• File #: 202102547
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 7/30/2021
• In control: Cincinnati City Council
• On agenda: 8/4/2021
• Final action: 8/4/2021
• ORD/RES# date: 8/4/2021
• ORD/RES#: 0321-2021
• Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 8/2/2021, AUTHORIZING the City Manager to execute a Property Sale and Development Agreement with 6121-23 Madison Rd. Opportunity Fund, LLC, for the sale of City-owned real property located at 6007 Madison Road in the Madisonville neighborhood of Cincinnati, to be consolidated with the purchaser's own property and redeveloped as a mixed-use development; ESTABLISHING new capital improvement program project account no. 980x162x221641, "DCED Property Improvements," for the purpose of providing resources for permanent improvements to vacant buildings and properties controlled or previously controlled by the Department of Community and Economic Development; and further, DECLARING expenditures from capital improvement program project account no. 980x162x221641, "DCED Property Improvements," to be for a public purpose.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
8/4/2021	1	Cincinnati City Council	Passed Emergency	Pass
8/4/2021	1	Cincinnati City Council	Emergency clause to remain	Pass
8/4/2021	1	Cincinnati City Council	Suspension of the three readings	Pass
8/2/2021	1	Budget and Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 8/2/2021, AUTHORIZING the City Manager to execute a Property Sale and Development Agreement with 6121-23 Madison Rd. Opportunity Fund, LLC, for the sale of City-owned real property located at 6007 Madison Road in the Madisonville neighborhood of Cincinnati, to be consolidated with the purchaser’s own property and redeveloped as a mixed-use development; ESTABLISHING new capital improvement program project account no. 980x162x221641, “DCED Property Improvements,” for the purpose of providing resources for permanent improvements to vacant buildings and properties controlled or previously controlled by the Department of Community and Economic Development; and further, DECLARING expenditures from capital improvement program project account no. 980x162x221641, “DCED Property Improvements,” to be for a public purpose.

recommendation

PASS EMERGENCY