Meeting Name: Budget and Finance Committee Agenda status: Final
Meeting date/time: 5/2/2022 1:00 PM Minutes status: Final  
Meeting location: Council Chambers, Room 300
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Agenda packet: Agenda Packet Agenda Packet
Meeting video:  
Attachments: Fourth and Pike Apartments LLC - BF Presentation, Glidepath Holdings Inc. - BF Presentation
File #Ver.Agenda #TypeTitleActionResultAction DetailsVideo
202201072 11.OrdinanceORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 4/27/2022, AUTHORIZING the City Manager to accept a donation of two canines, each worth $8,500, from the Matt Haverkamp Foundation for use by the Cincinnati Police Department’s Canine Squad.Recommend Passage Emergency  Action details Not available
202201075 12.OrdinanceORDINANCE submitted by John P. Curp, Interim City Manager, on 4/27/2022, AUTHORIZING the transfer and appropriation of an amount up to $33,334, representing a donation from School Outfitters, from Fund No. 437, “Wasson Way Trail Donations,” to existing capital improvement program project account no. 980x232x212371, “Wasson Way Trail,” for the purpose of providing resources for planning, design, and construction of work in future phases of the Wasson Way Trail Network, a shared-use path for bicycles and pedestrians.Recommend Passage  Action details Not available
202201080 13.Legislative ResolutionRESOLUTION (LEGISLATIVE) submitted by John P. Curp, Interim City Manager, on 4/27/2022, DECLARING the need for emergency repairs that have been made to sidewalks, sidewalk areas, curbs, and/or gutters at a variety of locations in the City and the need for levying assessments for the cost of such repairs on the abutting properties in accordance with Cincinnati Municipal Code Sections 721-149 to 721-169.Recommend Passage  Action details Not available
202201083 14.OrdinanceORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 4/27/2022, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Glidepath Holdings Inc., an affiliate of Massachusetts Mutual Life Insurance Company, pursuant to which the company agrees to create 75 new jobs within the corporate boundaries of the City of Cincinnati, and, for a period of 5 years, the City agrees to provide an income tax credit equal to 50% of City income tax revenue from such new jobs.Recommend Passage EmergencyPass Action details Video Video
202201074 15.OrdinanceORDINANCE (AMENDED) (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 4/27/2022, ESTABLISHING new capital improvement program project account no. 980x164x221624, “Great American Life Insurance Company - TIF” for the purpose of providing resources for improvement to real property located at 191 Rosa Parks Street and 312 Elm Street; AUTHORIZING the transfer and appropriation of the sum of $1,380,000 from the unappropriated surplus of Urban Renewal Tax Increment Equivalent Fund 762 to newly established capital improvement program project account no. 980x164x221624, “Great American Life Insurance Company - TIF” for the purpose of providing resources for improvements to real property located at 191 Rosa Parks Street and 312 Elm Street; and DECLARING that expenditures from capital improvement program project account no. 980x164x221624, “Great American Life Insurance Company - TIF” serve a public purpose.Recommend PassagePass Action details Video Video
202201085 16.OrdinanceORDINANCE submitted by John P. Curp, Interim City Manager, on 4/27/2022, MODIFYING Title V, “Traffic Code” of the Cincinnati Municipal Code by AMENDING Section 514-9 “Administrations” and Section 514-11, “Parking Restrictions” of Chapter 514, “Parking Permits” to provide for the efficient management of the City’s restricted parking areas.Recommend Passage  Action details Not available
202201087 17.OrdinanceORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 4/27/2022, AUTHORIZING the transfer and appropriation of the sum of $450,000 from the unappropriated surplus of Downtown/OTR West Equivalent Fund 482 to existing capital improvement program project account no. 980x101x211033, “Findlay Park Recreation Improvements,” for the purpose of providing additional resources for the continued design and construction of new state-of-the-art recreation permanent improvements, including but not limited to, acquiring, improving, and equipping parks, parkways, playgrounds and recreation centers, in and around Findlay Park in the Over-The-Rhine neighborhood; and DECLARING expenditures from capital improvement program project account no. 980x101x211033, “Findlay Park Recreation Improvements,” to be for a public purpose.Recommend Passage Emergency  Action details Not available
202200613 18.OrdinanceORDINANCE (EMERGENCY) submitted by John P. Curp, Interim City Manager, on 4/6/2022, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with Fourth and Pike Apartments, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 516 E. 4th Street in the Central Business District of Cincinnati, in connection with the remodeling of an existing building into approximately 45,000 square feet of residential space, consisting of approximately 29 residential rental units, and approximately 1,700 square feet of commercial 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, at a total remodeling cost of approximately $18,000,000.Recommend Passage EmergencyPass Action details Video Video
202201136 19.PresentationPRESENTATION, dated 05/02/2022, submitted by M. Carter, Director of Community Economic Development Department, regarding 516/550 E. 4th Street, “Fourth and Pike Apartments, LLC”.Filed  Action details Not available
202201137 110.PresentationPRESENTATION, dated 05/02/2022, submitted by M. Carter, Director of Community Economic Development Department, regarding Glidepath Holdings Inc.Filed  Action details Not available