File #: 1040-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 10/7/2022 In control: City Council
On agenda: 11/7/2022 Final action: 11/7/2022
Passage/adoption date: 11/7/2022
Effective date: 11/14/2022    
Title: AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by Peninsula MFH Owner, LLC, or its designee, located at 1951 Carter Road for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code for the Scranton Peninsula / Carter Road Residential Apartment Project.
Sponsors: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, PURCHASES AND SUPPLIES DIVISION, TAX INCREMENT FINANCING ( TIF ) , WARD 03
Attachments: 1. 1040-2022-Enter into chain of title for Peninsula MFH Owner LLC, 2. 1040-2022 Executive Summary, 3. 1040-2022 Presentation -Peninsula, 4. 1040-2022 as amended-desk copy-Final, 5. 1040-2022-Amend 1040-2022

Title

AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by Peninsula MFH Owner, LLC, or its designee, located at 1951 Carter Road for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code for the Scranton Peninsula / Carter Road Residential Apartment Project.