ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 12/3/2025, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with Reid Flats, LLC, an affiliate of The Model Group, Inc., thereby authorizing a fifteen-year tax exemption for 100% of the value of improvements made to real property located at 1711 Elm Street, 1713 Elm Street, 212 W. Liberty Street, 214 W. Liberty Street, 211 W. Fourth Street, 1524 Republic Street, 1526 Republic Street, and 1519 Vine Street in the Over-the-Rhine and Central Business District neighborhoods of Cincinnati, in connection with the remodeling of existing buildings into, in aggregate, approximately 6,707 square feet of commercial retail space and approximately 56,452 square feet of residential space consisting of 90 residential rental dwelling units, at a total construction cost of approximately $22,270,162; and further AUTHORIZING a ten-year historic extension of such fifteen-year tax exemption. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>).
What this record is
- Held by
- Reid Flats, LLC
- Amount
- $22.3M
- Runs until
- November 26, 2035 9 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Construction
construction 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
- November 26, 2025
- On agenda
- December 10, 2025
- Passed
- December 10, 2025
- Enacted
- December 10, 2025
- Enactment no.
- 0406-2025
Where it was heard
Cincinnati City Council Cincinnati City Council Cincinnati City Council Budget, Finance & Governance Committee Cincinnati City CouncilWatch what Cincinnati buys
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