ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 5/12/2026, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with AAA Club Alliance Inc., or an affiliate of the company acceptable to the City Manager, thereby authorizing a fifteen-year exemption for 100 percent of the value of improvements made to real property located at 15 W. Central Parkway in Downtown Cincinnati, in connection with the remodeling of an existing building into approximately 55,000 square feet of commercial office space and approximately 4,000 square feet of commercial retail space, at a total construction cost of approximately $24,000,000. (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).>

What this record is

Held by

AAA Club Alliance Inc

Amount

$24.0M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

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

Housing & Growth

Introduced

May 11, 2026

On agenda

May 13, 2026

Passed

May 13, 2026

Enacted

May 13, 2026

Enactment no.

0140-2026

Where it was heard

Cincinnati City Council May 13, 2026 Passed Emergency Pass Cincinnati City Council May 13, 2026 Emergency clause to remain Pass Cincinnati City Council May 13, 2026 Suspension of the three readings Pass Housing & Growth May 12, 2026 Recommend Passage Emergency

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