City of Cincinnati - File #: 202200491

• File #: 202200491
• Version: 1
• Type: Ordinance
• Status: Indefinitely Postponed
• File created: 2/19/2022
• In control: Budget and Finance Committee
• On agenda: 2/24/2022
• Title: ORDINANCE submitted by John P. Curp, Interim City Manager, on 2/24/2022, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Oakley Crossings Holdings, LLC, thereby authorizing an 8-year tax exemption for 100% of the value of improvements made to real property located at 3628-3646 Madison Road and other project immediately adjacent thereto, all in the Oakley neighborhood of Cincinnati, in connection with the construction of approximately 16,200 square feet of commercial space, at a total construction cost of approximately $5,125,000.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
3/14/2022	1	Budget and Finance Committee
3/7/2022	1	Budget and Finance Committee
2/28/2022	1	Budget and Finance Committee	Held
2/24/2022	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE submitted by John P. Curp, Interim City Manager, on 2/24/2022, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Oakley Crossings Holdings, LLC, thereby authorizing an 8-year tax exemption for 100% of the value of improvements made to real property located at 3628-3646 Madison Road and other project immediately adjacent thereto, all in the Oakley neighborhood of Cincinnati, in connection with the construction of approximately 16,200 square feet of commercial space, at a total construction cost of approximately $5,125,000.