File #: 704-2021    Version: 1 Name:
Type: Emergency Ordinance Status: Administrative Review
File created: 8/13/2021 In control: City Council
On agenda: 8/18/2021 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 Northeast Ohio Hispanic Center for Economic Development, and/or its designee, to provide a debt reserve for the CentroVilla25 Project regarding the development of the West 25th Street and Clark Avenue area; 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
Attachments: 1. 704-2021-TIF w Northeast Ohio Hispanic Center for CentroVilla 25, 2. 704-2021-A-FILE - TIF w Northeast Ohio Hispanic Center for CentroVilla 25

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Northeast Ohio Hispanic Center for Economic Development, and/or its designee, to provide a debt reserve for the CentroVilla25 Project regarding the development of the West 25th Street and Clark Avenue area; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.