202402117
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/30/2024, AUTHORIZING the establishment of new capital improvement program project account no. 980x243x252400, “Convention Center District Development Grant”; AUTHORIZING the City Manager to apply for, accept, and appropriate State of Ohio Capital Budget grant resources of up to $46,000,000, to be distributed by the Ohio Office of Budget and Management and as authorized by House Bill 2 for Fiscal Years 2025-2026, to newly established capital improvement program project account no. 980x243x252400, “Convention Center District Development Grant,” to provide resources for the redevelopment of the Convention Center District; AUTHORIZING the Director of Finance to deposit State of Ohio Capital Budget grant funds into newly established capital improvement program project account no. 980x243x252400, “Convention Center District Development Grant”; AUTHORIZING that the disbursed funds acquired through this grant agreement be fully bonded and any interest earned on resources in this newly established capital project be credited to said capital project; and AUTHORZING the City Manager to enter into any agreements necessary for the receipt and administration of these grant resources.
- Committee
- Cincinnati City Council
- Requested by
- Budget and Finance Committee
- Introduced
- September 30, 2024
- On agenda
- October 2, 2024
- Passed
- October 2, 2024
- Enacted
- October 2, 2024
- Enactment no.
- 0319-2024
Where it was heard
Cincinnati City Council Cincinnati City Council Cincinnati City Council Budget, Finance & Governance CommitteeWatch Cincinnati
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