AN EMERGENCY ORDINANCE Establishing the Shore-to-Core-to-Shore TIF District, declaring improvements to certain parcels of real property within that district to be a public purpose and exempt from taxation, describing the public infrastructure improvements to be made to directly benefit the district, requiring the owners of the improvements on such parcels to make service payments in lieu of taxes, providing for the distribution of those service payments to the Cleveland Municipal School District and to one or more funds established by the City to hold those service payments, determining that satisfactory provision has been made for the public improvement needs of the District and specifying other public improvements that are in support of urban redevelopment within the City.

Committee

City Council

Introduced

January 5, 2024

On agenda

March 25, 2024

Passed

March 25, 2024

Enacted

March 25, 2024

Where it was heard

Finance, Diversity, Equity and Inclusion Committee Mar 25, 2024 City Council Mar 25, 2024 approved as amended Pass Development, Planning and Sustainability Committee Mar 19, 2024 City Council Jan 8, 2024 read and referred to administrative review

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