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202501782

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/24/2025, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 209 Limited, a subsidiary of Urban Sites, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 1425 Main Street, 209 Woodward Street and 1227 Walnut Street in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of three existing buildings to into approximately 16,498 square feet of residential space, consisting of seventeen residential units, and approximately 2,680 square feet of commercial space, consisting of two commercial units, at a total remodeling cost of approximately $4,200,000.

Ordinance Passed Emergency Introduced September 19, 2025

What this record is

Amount
$4.20M
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
September 19, 2025
On agenda
October 1, 2025
Passed
October 1, 2025
Enacted
October 1, 2025
Enactment no.
0307-2025

Where it was heard

Cincinnati City Council Oct 1, 2025 Passed Emergency Pass Cincinnati City Council Oct 1, 2025 Emergency clause to remain Pass Cincinnati City Council Oct 1, 2025 Suspension of the three readings Pass Budget, Finance & Governance Committee Sep 29, 2025 Recommend Passage Emergency Cincinnati City Council Sep 24, 2025 Referred to Budget & Finance Committee