City of Cincinnati - File #: 202201871

• File #: 202201871
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/30/2022
• In control: Cincinnati City Council
• On agenda: 10/12/2022
• Final action: 10/12/2022
• ORD/RES# date: 10/12/2022
• ORD/RES#: 0314-2022
• Title: ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 10/5/2022, AUTHORIZING the establishment of new capital improvement program project account no. 980x164x231620, "Emery Theatre-TIF," for the purpose of providing resources to assist with the acquisition and renovation of the Emery Theatre located at 1112 Walnut Street and 100 East Central Parkway; AUTHORIZING the transfer and appropriation of the sum of $1,000,000 from the unappropriated surplus of Downtown OTR East Equivalent Fund 483 to newly established capital improvement program project account no. 980x164x231620, "Emery Theatre-TIF"; and DECLARING that expenditures from newly created capital improvement program project account no. 980x164x231620, "Emery Theatre-TIF," to be a public purpose and constitute a "Public Infrastructure Improvement" (as defined in Section 5709.40(A)(8) of the Ohio Revised Code), that will benefit and/or serve the District 4-Downtown/OTR East District Incentive District, subject to compliance with...
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
10/12/2022	1	Cincinnati City Council	Passed	Pass
10/12/2022	1	Cincinnati City Council	Suspension of the three readings	Pass
10/10/2022	1	Budget and Finance Committee	Recommend Passage
10/5/2022	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 10/5/2022, AUTHORIZING the establishment of new capital improvement program project account no. 980x164x231620, “Emery Theatre-TIF,” for the purpose of providing resources to assist with the acquisition and renovation of the Emery Theatre located at 1112 Walnut Street and 100 East Central Parkway; AUTHORIZING the transfer and appropriation of the sum of $1,000,000 from the unappropriated surplus of Downtown OTR East Equivalent Fund 483 to newly established capital improvement program project account no. 980x164x231620, “Emery Theatre-TIF”; and DECLARING that expenditures from newly created capital improvement program project account no. 980x164x231620, “Emery Theatre-TIF,” to be a public purpose and constitute a “Public Infrastructure Improvement” (as defined in Section 5709.40(A)(8) of the Ohio Revised Code), that will benefit and/or serve the District 4-Downtown/OTR East District Incentive District, subject to compliance with Ohio Revised Code Sections 5709.40 through 5709.43. COUNCILMEMBER KEATING IS EXCUSED FROM THIS ITEM.

recommendation

PASS