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202400650

ORDINANCE (EMERGENCY), submitted by Sheryl M. M. Long, City Manager, on 2/28/2024, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Cincinnati Capital Partners 578, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 1628 Walnut Street in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of an existing building to approximately 3,304 square feet of residential space, consisting of five residential units, at a total construction cost of approximately $926,954.

Ordinance Passed Emergency Introduced February 23, 2024

What this record is

Held by
Cincinnati Capital Partners 578, LLC
Amount
$927K
Runs until
no end date published in this record
Type
contract
Field
Construction

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
February 23, 2024
On agenda
March 6, 2024
Passed
March 6, 2024
Enacted
March 6, 2024
Enactment no.
0087-2024

Where it was heard

Cincinnati City Council Mar 6, 2024 Passed Emergency Pass Cincinnati City Council Mar 6, 2024 Emergency clause to remain Pass Cincinnati City Council Mar 6, 2024 Suspension of the three readings Pass Budget, Finance & Governance Committee Mar 4, 2024 Recommend Passage Emergency Cincinnati City Council Feb 28, 2024 Referred to Budget & Finance Committee