ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City
Manager, on 8/2/2021, APPROVING AND AUTHORIZING the City Manager to
execute a Community Reinvestment Area Tax Exemption Agreement with 254
Mohawk LLC, thereby authorizing a 12-year tax exemption for 100% of the
value of improvements made to real property located at 254 Mohawk Street in
the Over-the-Rhine neighborhood of Cincinnati, in connection with the
remodeling of two existing buildings to create approximately 3,655 square feet
of residential space consisting of 9 residential units, at a total construction cost
of approximately $725,847. (MR. MANN IS EXCUSED FROM VOTING ON
THIS ITEM)
Recommendation:
PASS EMERGENCY
Sponsors:
City Manager
ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City
Manager, on 8/2/2021, APPROVING AND AUTHORIZING the City Manager to
execute a Community Reinvestment Area Tax Exemption Agreement with CH
KeyMark LLC, thereby authorizing a 15-year tax exemption for 100% of the
value of improvements made to real property located at 5906-5910 and 6060
Hamilton Avenue in the College Hill neighborhood of Cincinnati, in connection
with the remodeling of 3 existing buildings to create 15,100 square feet of
residential space consisting of 26 apartments, 3,395 square feet of commercial
office space, and 1,487 square feet of commercial retail space, at a total
construction cost of approximately $3,632,132.
Recommendation:
PASS EMERGENCY
City Manager
Sponsors:
ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City
Manager, on 8/2/2021, APPROVING AND AUTHORIZING the City Manager to
execute a Community Reinvestment Area Tax Exemption Agreement with SLD
Enterprises, LLC and Brothers Express, LLC, thereby authorizing a 12-year tax
exemption for 100% of the value of improvements made to real property
located at 5790 Center Hill Avenue in the Winton Hills neighborhood of
Cincinnati, in connection with the construction of approximately 11,200 square
feet of industrial space and approximately 2,800 square feet of office space, at
a total construction cost of approximately $1,780,000
Recommendation:
PASS EMERGENCY
City Manager
Sponsors:
ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City
Manager, on 8/2/2021, AUTHORIZING the establishment of new capital
improvement program project account no. 980x164x221647, “West Price Hill
Glenway Properties Development,” for the purpose of providing resources for
permanent public improvements in the right of way as well as the renovation or
new construction of residential or commercial structures all in the West Price
Hill business district, including planning, design, acquisition, demolition, and
construction of these improvements and structures; AUTHORIZING the
transfer and return to source of the sum of $1,900,000 from capital
improvement program project account no. 980x162x171640, “West Price Hill
Mixed-Use Development,” to the unappropriated surplus of Urban
Development Bond Fund 862; AUTHORIZING the transfer and appropriation of
the sum of $1,900,000 from the unappropriated surplus of Urban Development
Bond Fund 862 to newly established capital improvement program project