ORDINANCE (EMERGENCY) 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 LEED Tax Exemption Agreement with Market Square I, LLC and 1826 Race Street, LLC, affiliates of The Model Group, thereby authorizing a ten-year extension to an existing tax exemption for 100 percent of the value of improvements made to real property at 24 W. Elder Street, 1804-1814 Race Street, 1818 Race Street, and adjoining properties in the Over-the-Rhine neighborhood of Cincinnati.

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.

0403-2024

Where it was heard

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

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