202600905

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 2/19/2026, DECLARING a hotel to be developed on property located at 240 W. Fourth Street and 251 W. Fifth Street in the Central Business District of Cincinnati to be designated a convention center headquarters hotel for purposes of Ohio Revised Code Section 5739.093; DECLARING such convention center headquarters hotel and any associated convention center headquarters hotel facilities to be a public purpose; DECLARING lodging transactions occurring at such convention center headquarters hotel to be exempt from City of Cincinnati’s lodging taxes levied pursuant to Cincinnati Municipal Code Chapter 312 for a period of thirty years; REQUIRING the convention center headquarters hotel’s qualifying vendor to make payments in lieu of qualifying lodging taxes; ESTABLISHING new Fund 406, “Convention Center Hotel Lodging Tax Equivalent Fund,” for the purpose of receiving payments in lieu of qualifying lodging taxes associated with the convention center headquarters hotel; and AUTHORIZING expenditures from the newly-created Fund 406, “Convention Center Hotel Lodging Tax Equivalent Fund,” to facilitate construction financing for the convention center headquarters hotel and any associated convention center headquarters hotel facilities. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>). <https://www.cincinnati-oh.gov/law/ethics/city-business%3e).>

Ordinance Passed Emergency Introduced February 17, 2026

Where it was heard