File #: 1210-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 9/26/2019 In control: City Council
On agenda: 11/11/2019 Final action: 11/11/2019
Passage/adoption date: 11/11/2019
Effective date: 11/12/2019    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 2937 W 25, LLC, or its designee, for the redevelopment of the Astrup Awning Company Building, a vacant industrial complex, into a community-oriented center; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Jasmin Santana, Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Indexes: CLEVELAND METROPOLITAN SCHOOL DISTRICT , ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 14
Attachments: 1. 1210-2019 TIF - Astrup Awning, 2. 1210-2019 Exec. Summary - Astrup Awning TIF, 3. 1210-2019 Astrup, 4. Amend 1210-2019, 5. Desk copy 1210-2019(AMEND) TIF - Astrup Awning

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 2937 W 25, LLC, or its designee, for the redevelopment of the Astrup Awning Company Building, a vacant industrial complex, into a community-oriented center; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.