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202501157

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 6/4/2025, APPROVING AND AUTHORIZING the City Manager to execute a Second Amendment to Community Reinvestment Area Tax Exemption Agreement with Traction Partners, LLC, amending an agreement previously authorized by Council for a 100 percent tax exemption of the value of improvements made to real property located at 432 Walnut Street in the Central Business District of Cincinnati, removing the obligation for the company to obtain certification of compliance with LEED standards. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>).

Ordinance Passed Emergency Introduced May 30, 2025

What this record is

Held by
Traction Partners, LLC
Runs until
no end date published in this record
Type
amendment
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
May 30, 2025
On agenda
June 11, 2025
Passed
June 11, 2025
Enacted
June 11, 2025
Enactment no.
0170-2025

Where it was heard

Cincinnati City Council Jun 11, 2025 Passed Emergency Pass Cincinnati City Council Jun 11, 2025 Emergency clause to remain Pass Cincinnati City Council Jun 11, 2025 Suspension of the three readings Pass Budget, Finance & Governance Committee Jun 9, 2025 Recommend Passage Emergency Cincinnati City Council Jun 4, 2025 Referred to Budget & Finance Committee