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202500826

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/23/2025, APPROVING AND AUTHORIZING the execution of a Job Creation Tax Credit Agreement with Prospiant, Inc., pursuant to which the company agrees to create 120 new jobs at 7108 Shona Drive in the Roselawn neighborhood of Cincinnati and, for a period of eight years, the City agrees to provide an income tax credit equal to forty percent of City income tax revenue from such new jobs.

Ordinance Passed Emergency Introduced April 18, 2025

What this record is

Held by
Prospiant, Inc
Runs until
no end date published in this record
Type
contract
Field
Public safety

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
April 18, 2025
On agenda
April 30, 2025
Passed
April 30, 2025
Enacted
April 30, 2025
Enactment no.
0110-2025

Where it was heard

Cincinnati City Council Apr 30, 2025 Passed Emergency Pass Cincinnati City Council Apr 30, 2025 Emergency clause to remain Pass Cincinnati City Council Apr 30, 2025 Suspension of the three readings Pass Budget, Finance & Governance Committee Apr 28, 2025 Recommend Passage Emergency Cincinnati City Council Apr 23, 2025 Referred to Budget & Finance Committee