Meeting Details

Meeting Name: Budget, Finance & Governance Committee Agenda status: Final
Meeting date/time: 5/24/2017 Minutes status: Final  
Meeting location:
Published agenda: Not available Published minutes: Not available  
Agenda packet: Not available
Meeting video:  
Attachments:
File #Ver.Agenda #TypeTitleActionResultAction DetailsVideo
201700668 1 ReportREPORT, dated 5/3/2017, submitted by Harry Black, City Manager, regarding Department of Finance Reports for month ended March 31, 2017.Approved & Filed  Action details Not available
201700769 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/22/2017, authorizing the City Manager to execute a Funding and Development Agreement with TriHealth, Inc. and 625 Eden Park Drive, LLC, an affiliate of Neyer Properties, whereby (i) TriHealth will relocated its corporate headquarters to the Baldwin 200 building at 625 Eden Park Drive in Walnut Hills and agree to retain at least 310 full-time equivalent jobs and an annual payroll of at least $38,750,000 and (ii) the City of Cincinnati will provide economic incentives in the form of a $2,000,000 forgivable loan to TriHealth, and a 65% tax increment financing rebate to 625 Eden Park Drive, LLC over a period of up to 30 years pursuant to Ohio Revised Code Section 5709.41.Passed Emergency  Action details Not available
201700770 1 OrdinanceORDINANCE (EMERGENCY), dated 05/19/2017, submitted by Vice Mayor Mann, MODIFYING the salary schedule for the classification of Parks Director by repealing existing Section 865 of Division 5, Chapter 307 of the Cincinnati Municipal Code, in order to establish a new salary schedule for the said classification in order to attract sufficient numbers of candidates meeting the necessary criteria and level of expertise for this critical position, per review of this matter by the executive search committee of the Board of Parks Commissioners.Passed Emergency  Action details Not available
201700768 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/22/2017, establishing new capital improvement program project account no. 980x164x171678, "TriHealth Retention Project"; AUTHORIZING the transfer and return to source an amount of $1,908,427.50 from the working capital reserve of Convention Center Expansion Tax Fund 307 to the unappropriated surplus of Urban Redevelopment Tax Increment Equivalent Fund 762; further AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of Urban Redevelopment Tax Increment Equivalent Fund 762 to the newly established capital improvement program project account no. 980x164x171678, "TriHealth Retention Project"; and DECLARING a public purpose.Passed Emergency  Action details Not available
201700742 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/17/2017, AUTHORIZING the City Manager to apply for a grant in the amount of approximately $134,842 from the State of Ohio Attorney General's Office, through its administration of the federal Victims of Crime Act program, to fund the enhancement of the Law Department's Victim Services program in the Prosecution Division.Passed Emergency  Action details Not available
201700733 1 MotionMOTION, submitted by Councilmembers Sittenfeld, Flynn, Seelbach, Murray, Smitherman and Winburn, WE MOVE that upon finalizing the sale of the City's remaining Blue Ash Airport property, the entirely of the $8.3M from that sale be placed into a Special Reserve Account. WE MOVE that this Special Reserve Account will represent a significant increase to the City's current aggregate reserves. WE MOVE that rating agencies will continue to reward our fiscal discipline and stewardship, as we commit to strive to maintain operating reserves above 10% and move closer to the benchmark gold-standard of 16.7%-ultimately allowing the City to borrow money at lowered rates. WE MOVE that this transfer of one-time funds to a Special Reserve Account reflects Council embracing a careful, thoughtful approach to budgetary decisions and not relying on overly rosy projections. WE MOVE that in light of current budgetary challenges and considering potential further challenges in coming years, Council ensure reserves that protect the City's ability to maintain needed vital infrastructure and public safety and Adopt  Action details Not available
201700725 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/17/2017, approving and authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with Jobs Cafe, LLC, an affiliate of Model Group, thereby authorizing a 12-year tax exemption for 100% of the value of the improvements made to real property located at 1731, 1807, 1809, 1811, 1813, 1815 and 1819 Elm Street, 1810 Campbell Street, 30 and 34 Findlay Street, 1834 Race Street, 1800 Logan Street, and 1656 Central Parkway in the Over-the-Rhine neighborhood of Cincinnati in connection with the remodeling of the buildings located on such real property into commercial, office and residential rental space, which remodeling shall be completed in compliance with Leadership in Energy and Environmental Design Silver, Gold or Platinum standards or Living Building Challenge standards as more particularly specified in the agreement, at a total remodeling cost of approximately $15,415,518.Passed Emergency  Action details Not available
201700717 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/17/2017, approving and authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with OTR Holdings, Inc., an affiliate of 3CDC, thereby authorizing a 12-year tax exemption for 84% of the value of the improvements made to real property located at 1536, 1538 and 1540 Race Street in Over-the-Rhine in connection with the remodeling of the building thereon into restaurant and bar space, which remodeling shall be completed at a total construction cost of approximately $800,000.Passed Emergency  Action details Not available
201700724 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/17/2017, approving and authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Condominium Holdings, LLC, thereby authorizing a 10-year tax exemption for 100% of the value of improvements made to real property located at 1505 Race Street in the Over-the-Rhine neighborhood of Cincinnati in connection with the remodeling of the first floor of the building into 2,281 square feet of commercial space, which remodeling shall be completed at a total construction cost of approximately $630,544.Passed Emergency  Action details Not available
201700702 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/8/2017, modifying the purposes for which funds may be expended from Capital Improvement Program project account no. 980x164x141614, "Walnut Hills Development Gap," as established by passage of Ordinance No. 371-2013; and further CLARIFYING the sources of funds previously deposited into such Walnut Hi8lls Development Gap Project Account.Passed Emergency  Action details Not available
201700698 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/10/2017, approving and authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 205WM, LLC, thereby authorizing an 8-year tax exemption for 100% of the value of the improvements made to real property located at 205 W. McMicken Avenue in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of a building into six residential apartments, which remodeling shall be completed at a total construction cost of approximately $456,372.Passed Emergency  Action details Not available
201700697 1 OrdinanceORDINANCE submitted by Harry Black, City Manager, on 5/10/2017, determining to proceed for three years beginning August 1, 2016, with special street lighting assessments in Lighting Group 2 on the streets or portions of the streets described in Exhibit A hereto.Passed  Action details Not available
201700722 1 OrdinanceORDINANCE submitted by Harry Black, City Manager, on 5/17/2017, authorizing the City Manager to execute a Property Sale Agreement with Mariner's Landing Boat Club LLC pursuant to which the City of Cincinnati will sell, at fair market value, a portion of the Thornton Avenue right-of-way in the Sayler Park neighborhood of Cincinnati, for assemblage with the purchaser's adjacent property located at 47 Thornton Avenue.Passed  Action details Not available
201700686 1 OrdinanceORDINANCE submitted by Harry Black, City Manager, on 5/10/2017, levying assessments for unpaid costs for necessary sidewalk, sidewalk area, curb, and gutter construction, reconstruction, and repairs, which were conducted by the City of Cincinnati in the neighborhood of Mt. Washington through its Sidewalk Safety Program, in accordance with Cincinnati Municipal Code Sections 721-149 through 721-169.Passed  Action details Not available
201700723 1 OrdinanceORDINANCE (EMERGENCY) submitted by Harry Black, City Manager, on 5/17/2017, approving and authorizing the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Condominium Holdings, LLC, thereby authorizing a 12-year tax exemption for 100% of the value of improvements made to real property located at 116 W. 15th Street in the Over-the-Rhine neighborhood of Cincinnati in connection with the construction of 2,730 square feet of commercial space, which construction shall be completed at a total construction cost of approximately $660,428.Passed Emergency  Action details Not available
201700721 1 OrdinanceORDINANCE submitted by Harry Black, City Manager on 5/17/2017, authorizing the City Manager to apply for, accept, and appropriate a grant in an amount of up to $150,000 from the State of Ohio, Office of the Attorney General, for the purpose of funding practitioners to assist and support the survivors of victims of homicides and witnesses of homicides.Passed  Action details Not available