ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 1/24/2024, AUTHORIZING the transfer and return to source of $410,000 from capital improvement program project account no. 980x164x221616, “King Records Building Restoration,” to unappropriated surplus of General Fund 050; AUTHORIZING the transfer and appropriation of $410,000 from the unappropriated surplus of General Fund 050 to the Department of Community and Economic Development FY 2024 non-personnel operating budget account no. 050x164x7200 to provide resources for professional services and operating support to allow King Records Legacy, Inc. d/b/a King Records Legacy Foundation to undertake pre-development activities related to the eventual renovation of the former King Records building; and DECLARING that the King Records Legacy, Inc. d/b/a King Records Legacy Foundation’s pre-development activities related to the eventual renovation of the former King Records building serve a public purpose because the eventual renovation of the former King Records building will foster local improvements and investment and increase neighborhood vitality.

Committee

Budget, Finance & Governance Committee

Requested by

Budget and Finance Committee

Introduced

January 19, 2024

On agenda

March 4, 2024

Passed

March 25, 2024

Where it was heard

Budget, Finance & Governance Committee Mar 25, 2024 indefinite postponement Budget, Finance & Governance Committee Mar 18, 2024 Held Budget, Finance & Governance Committee Mar 4, 2024 Held Cincinnati City Council Feb 7, 2024 Referred to Budget & Finance Committee Cincinnati City Council Feb 7, 2024 Motion to Refer back to Committee Pass Budget, Finance & Governance Committee Feb 5, 2024 Recommend Passage Emergency Cincinnati City Council Jan 31, 2024 Referred to Budget & Finance Committee