File #: 482-2024    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 4/26/2024 In control: City Council
On agenda: 6/3/2024 Final action: 6/3/2024
Passage/adoption date: 6/3/2024
Effective date: 6/7/2024    
Title: AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by Cleveland LD, LLC, and/or its affiliates and designees, for the purpose of entering the chain of title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code.
Sponsors: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: OHIO REVISED CODE, PURCHASES AND SUPPLIES DIVISION, TAX INCREMENT FINANCING ( TIF )
Attachments: 1. 482-2024-Acquire and re-convey for Cleveland LD - Bedrock for future TIF, 2. 482-2024-A-FILE-Reviewed Legal Descriptions, 3. 482-2024 Amend 482-2024, 4. 482-2024 PRESENTATION, 5. FINAL - City Record 6/14/24, Page 3

Title

AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by Cleveland LD, LLC, and/or its affiliates and designees, for the purpose of entering the chain of title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code.