File #: 202103231    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 12/3/2021 In control: Cincinnati City Council
On agenda: 12/8/2021 Final action: 12/8/2021
ORD/RES# date: 12/8/2021 ORD/RES#: 0474-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 12/6/2021, AUTHORIZING the City Manager to execute an amendment to the Property Sale and Development Agreement between the City of Cincinnati and Uptown SEQ Holdings, LLC, an affiliate of Terrex LLC, in order to extend the period of time during which the developer can exercise its option to purchase certain City-controlled property located at the southeast quadrant of the intersection of Martin Luther King Drive and Reading Road in the Avondale neighborhood of Cincinnati, as part of the developer's commercial redevelopment project.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Attachment, 4. 474-2021, 5. 474-2021 T

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 12/6/2021, AUTHORIZING the City Manager to execute an amendment to the Property Sale and Development Agreement between the City of Cincinnati and Uptown SEQ Holdings, LLC, an affiliate of Terrex LLC, in order to extend the period of time during which the developer can exercise its option to purchase certain City-controlled property located at the southeast quadrant of the intersection of Martin Luther King Drive and Reading Road in the Avondale neighborhood of Cincinnati, as part of the developer’s commercial redevelopment project.

recommendation

PASS EMERGENCY