docketcity.com
202501615

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/4/2025, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with OTR Historical Development, LLC, thereby authorizing a twelve-year tax exemption for 100 percent of the value of improvements made to real property located at 43 E. Clifton Avenue in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of existing buildings into approximately 10,933 square feet of residential space, consisting of 16 residential units, at a total construction cost of approximately $1,700,000.

Ordinance Passed Emergency Introduced August 29, 2025

What this record is

Held by
OTR Historical Development, LLC
Amount
$1.70M
Runs until
no end date published in this record
Type
contract
Field
Construction

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
August 29, 2025
On agenda
September 10, 2025
Passed
September 10, 2025
Enacted
September 10, 2025
Enactment no.
0287-2025

Where it was heard

Cincinnati City Council Sep 10, 2025 Passed Emergency Pass Cincinnati City Council Sep 10, 2025 Emergency clause to remain Pass Cincinnati City Council Sep 10, 2025 Suspension of the three readings Pass Budget, Finance & Governance Committee Sep 8, 2025 Recommend Passage Emergency Cincinnati City Council Sep 4, 2025 Referred to Budget & Finance Committee