File #: 1069-2024    Version: 1 Name:
Type: Emergency Ordinance Status: Agenda Ready
File created: 9/28/2024 In control: Finance, Diversity, Equity and Inclusion Committee
On agenda: 10/21/2024 Final action:
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Erieview Holdings LLC, Erieview Tower LLC, Erieview Galleria LLC, Erieview Tower Residential LLC, and/or designee, to assist with the financing of the Tower, Galleria, and Parking Garage Project to be located at 100 Erieview Tower/1301 East 9th Street, Cleveland, Ohio; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 03
Attachments: 1. 1069-2024-TIF Ag w Erieview for Erieview Galleria, 2. 1069-2024-A File, 3. 1069-2024 Executive Summary, 4. 1069-2024 Amend 1069-2024, 5. 1068-2024 & 1069-2024 Erieview and Galleria PRESENTATION, 6. 1068-2024 & 1069-2028 PRESENTATION

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Erieview Holdings LLC, Erieview Tower LLC, Erieview Galleria LLC, Erieview Tower Residential LLC, and/or designee, to assist with the financing of the Tower, Galleria, and Parking Garage Project to be located at 100 Erieview Tower/1301 East 9th Street, Cleveland, Ohio; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.