ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/17/2025, AUTHORIZING the City Manager to execute a Development Agreement with Atrium Tower One, L.P. and Acabay Atrium Two, L.P., pertaining to the redevelopment of an existing building into approximately 200 residential rental units, on property located at 201 E. Fourth Street in the Central Business District of Cincinnati, which property is commonly known as the Atrium One building, and providing for City assistance to the project in the form of (1) a rebate of a portion of service payments in lieu of taxes imposed in connection with a proposed thirty-year property tax exemption for improvements pursuant to Ohio Revised Code Section 5709.41, subject to the passage by Council of a separate ordinance authorizing such tax exemption, and (2) a rebate of a portion of the service payments in lieu of taxes imposed in connection with the tax exemption previously authorized by Ordinance No. 95-2024.
What this record is
- Held by
- Atrium Tower One
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Public safety
public safety 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.
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
- September 16, 2025
- On agenda
- September 24, 2025
- Passed
- September 24, 2025
- Enacted
- September 24, 2025
- Enactment no.
- 0298-2025
Where it was heard
Cincinnati City Council Cincinnati City Council Cincinnati City Council Budget, Finance & Governance Committee Cincinnati City CouncilWatch what Cincinnati buys
This is one award. Cincinnati signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.