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ORDINANCE (EMERGENCY), submitted by Sheryl M. M. Long, City Manager, on 6/12/2023, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 8K Glenway, LLC and the Port of Greater Cincinnati Development Authority, thereby authorizing a ten-year tax exemption for 100 percent of the value of improvements made to real property located at 4022-4028 Glenway Avenue and 1211-1213 Iliff Avenue in the West Price Hill neighborhood of Cincinnati, in connection with the remodeling of an existing building into approximately 2,205 square feet of commercial space and approximately 1,692 square feet of residential space consisting of two residential rental units, at a total construction cost of approximately $1,179,802.
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