202400221
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 1/18/2024, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with The Beta Nu of Beta Theta Pi Building Company and the State of Ohio, for the use of the University of Cincinnati, thereby authorizing an eight-year tax exemption for 100 percent of the value of improvements made to real property located at 2630 University Court in the CUF neighborhood of Cincinnati, in connection with the remodeling of an existing building into nine residential units as well as meeting, academic, and social space consisting of approximately 12,690 square feet in aggregate, at a total remodeling cots of approximately $5,084,640.
What this record is
- Amount
- $5.08M
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Public safety
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Cincinnati City Council
- Requested by
- Budget and Finance Committee
- Introduced
- January 12, 2024
- On agenda
- January 31, 2024
- Passed
- January 31, 2024
- Enacted
- January 31, 2024
- Enactment no.
- 0027-2024