202402276
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/30/2024, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with ACG Garfield LLC, thereby authorizing a twelve-year tax exemption for 100 percent of the value of improvements made to real property located at 9 Garfield Place in the Central Business District of Cincinnati, in connection with the remodeling of an existing building into approximately 55,084 square feet of residential space, including approximately 52 residential rental units, at a total construction cost of approximately $5,400,000.
What this record is
- Held by
- ACG Garfield LLC
- Amount
- $5.40M
- 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
- October 25, 2024
- On agenda
- November 6, 2024
- Passed
- November 6, 2024
- Enacted
- November 6, 2024
- Enactment no.
- 0362-2024