File #: 1086-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 9/6/2019 In control: City Council
On agenda: 10/7/2019 Final action: 10/7/2019
Passage/adoption date: 10/7/2019
Effective date: 10/8/2019    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with W25d III LLC, or its designee, for the development of the Painters Union Building and Quarter Phase 2; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Indexes: CLEVELAND METROPOLITAN SCHOOL DISTRICT , ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 03
Attachments: 1. 1086-2019 TIF Legislation - Painters Union Building, 2. 1086-2019 Exec. Summary - W25d III, LLC TIF, 3. Amend 1086-2019, 4. Desk Copy 1086-2019(AMEND)-Econ.Dev.- TIF Legislation - Painters Union Building

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with W25d III LLC, or its designee, for the development of the Painters Union Building and Quarter Phase 2; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.