ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 12/2/2024, APPROVING AND AUTHORIZING the City Manager to execute a First Amendment to Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with Paramount Square, LLC, an affiliate of The Model Group, and the Port of Greater Cincinnati Development Authority, thereby authorizing a ten-year extension to an existing tax exemption for 100 percent of the value of improvements made to real property located at 900 E. McMillan Street in the Walnut Hills neighborhood of Cincinnati.

Ordinance Passed Introduced November 27, 2024

What this record is

Held by: Paramount Square, LLC
Runs until: November 27, 2034 8 years away date calculated from a contract term stated in the record, not quoted directly
Type: amendment

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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: November 27, 2024
On agenda: December 4, 2024
Passed: December 4, 2024
Enacted: December 4, 2024
Enactment no.: 0402-2024

Full text & attachments ↗ Briefing (PDF) Rebid Radar

Where it was heard

Cincinnati City Council Dec 4, 2024 Passed Pass Cincinnati City Council Dec 4, 2024 Suspension of the three readings Pass Budget, Finance & Governance Committee Dec 2, 2024 Recommend Passage

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