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202400896

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 3/20/2024, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with Cincinnati Curated, LLC, thereby authorizing a 15-year tax exemption for 100% of the value of improvements made to real property located at 34 W Court Street in the Central Business District of Cincinnati, in connection with the remodeling of an existing building into approximately 629 square feet of commercial space and approximately 5,566 square feet of residential space, consisting of 5 residential units, which remodeling shall be completed in compliance with Leadership in Energy and Environmental Design Silver, Gold or Platinum standards or Living Building Challenge Standards, at a total remodeling cost of approximately $845,456.

Ordinance Passed Emergency Introduced March 15, 2024

What this record is

Held by
Cincinnati Curated, LLC
Amount
$845K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Utilities & energy

utilities & energy contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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
March 15, 2024
On agenda
March 27, 2024
Passed
March 27, 2024
Enacted
March 27, 2024
Enactment no.
0108-2024

Where it was heard

Cincinnati City Council Mar 27, 2024 Passed Emergency Pass Cincinnati City Council Mar 27, 2024 Emergency clause to remain Pass Cincinnati City Council Mar 27, 2024 Suspension of the three readings Pass Budget, Finance & Governance Committee Mar 25, 2024 Recommend Passage Emergency Cincinnati City Council Mar 20, 2024 Referred to Budget & Finance Committee

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