City of Cincinnati - File #: 202201161

• File #: 202201161
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 5/6/2022
• In control: Cincinnati City Council
• On agenda: 6/2/2022
• Final action: 6/2/2022
• ORD/RES# date: 6/2/2022
• ORD/RES#: 0141-2022
• Title: ORDINANCE submitted by John P. Curp, Interim City Manager, on 5/11/2022, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 123 E. McMicken Avenue, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 123 E. McMicken Ave in Over-the-Rhine, in connection with the remodeling of an existing building into approximately 1,530 square feet of commercial space at a total remodeling cost of approximately $272,488.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/2/2022	1	Cincinnati City Council	Passed	Pass
6/2/2022	1	Cincinnati City Council	Suspension of the three readings	Pass
5/31/2022	1	Budget and Finance Committee
5/23/2022	1	Budget and Finance Committee	Held
5/16/2022	1	Budget and Finance Committee	Held
5/11/2022	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE submitted by John P. Curp, Interim City Manager, on 5/11/2022, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 123 E. McMicken Avenue, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 123 E. McMicken Ave in Over-the-Rhine, in connection with the remodeling of an existing building into approximately 1,530 square feet of commercial space at a total remodeling cost of approximately $272,488.

recommendation

PASS