City of Cincinnati - File #: 202201246

• File #: 202201246
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 5/20/2022
• In control: Cincinnati City Council
• On agenda: 6/2/2022
• Final action: 6/2/2022
• ORD/RES# date: 6/2/2022
• ORD/RES#: 0135-2022
• Title: ORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 5/25/2022, AUTHORIZING the City Manager to accept donations in an amount of up to $705,100 from CinciVTICA, LLC for the purpose of supporting the operations and maintenance of the Cincinnati streetcar; AUTHORIZING the Director of Finance to deposit the donations into Streetcar Operations Fund revenue account no. 455x8571; and further AUTHORIZING the transfer of service payments received in lieu of taxes for streetcar operations, in accordance with agreements with third-party developers, from Urban Redevelopment Tax Increment Equivalent II Fund 763 to Streetcar Operations Fund 455 for the purpose of operating and maintaining the City's streetcar system.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/2/2022	1	Cincinnati City Council	Passed Emergency	Pass
6/2/2022	1	Cincinnati City Council	Emergency clause to remain	Pass
6/2/2022	1	Cincinnati City Council	Suspension of the three readings	Pass
5/31/2022	1	Budget and Finance Committee
5/25/2022	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 5/25/2022, AUTHORIZING the City Manager to accept donations in an amount of up to $705,100 from CinciVTICA, LLC for the purpose of supporting the operations and maintenance of the Cincinnati streetcar; AUTHORIZING the Director of Finance to deposit the donations into Streetcar Operations Fund revenue account no. 455x8571; and further AUTHORIZING the transfer of service payments received in lieu of taxes for streetcar operations, in accordance with agreements with third-party developers, from Urban Redevelopment Tax Increment Equivalent II Fund 763 to Streetcar Operations Fund 455 for the purpose of operating and maintaining the City’s streetcar system.

recommendation

PASS EMERGENCY