ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 12/16/2024, AUTHORIZING the City Manager to execute a Funding and Development Agreement with Grammers Place, LLC or another affiliate of Urban Sites acceptable to the City Manager, to facilitate renovation and construction of a mixed-use development on the real property located at 1422-1450 Walnut Street in the Over-the-Rhine neighborhood of Cincinnati; AUTHORIZING the transfer and appropriation of $2,900,000 from the unappropriated surplus of Downtown/OTR East Equivalent Fund 483 (Downtown/OTR East TIF District) to the Department of Community and Economic Development non-personnel operating budget account no. 483x164x7200 to provide resources for the renovation and construction activities of the residential component of the mixed-use development project at 1422-1450 Walnut Street in the Over-the-Rhine neighborhood of Cincinnati; and further DECLARING expenditures from such project account related to the renovation and construction activities associated with the residential component of the mixed-use development project at 1422-1450 Walnut Street in the Over-the-Rhine neighborhood to be a public purpose and constitute a “Housing Renovation” (as defined in Ohio Revised Code Section 5709.40(A)(3)) that is located within the District 4 - Downtown-OTR East District Incentive District, subject to compliance with Ohio Revised Code Sections 5709.40 through 5709.43. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>). (COUNCILMEMBER NOLAN IS EXCUSED FROM THIS ITEM).
What this record is
- Held by
- Grammers Place, LLC 2 records across this site
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction 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.
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Grammers Place, LLC also holds
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 12/16/2024, APPROVING AND AUTHORIZING the City Manager to execute a Community R…- Committee
- Cincinnati City Council
- Requested by
- Budget and Finance Committee
- Introduced
- December 16, 2024
- On agenda
- December 18, 2024
- Passed
- December 18, 2024
- Enacted
- December 18, 2024
- Enactment no.
- 0428-2024
Where it was heard
Cincinnati City Council Cincinnati City Council Cincinnati City Council Budget, Finance & Governance CommitteeWatch what Cincinnati buys
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