File #: 45-2025    Version: 1 Name:
Type: Emergency Ordinance Status: In Committee
File created: 1/3/2025 In control: Municipal Services and Properties Committee
On agenda: 1/6/2025 Final action:
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE To supplement Ordinance No. 746-2024, passed August 7, 2024, relating to the Bedrock .41 TIF District by adding three new whereas clauses and Sections 9a, 9b, 9c, 9d, 9e, and 9f; to repeal Section 9 and to amend Section 10, relating to authorizing the Director of Economic Development to enter into a tax increment financing agreement and the Director of Capital Projects to enter into one or more construction-management agreements with Cleveland LD, LLC for various public improvements; and authorizing other agreements and documents.
Sponsors: Kevin L. Bishop, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: AGREEMENTS, CAPITAL PROJECTS, ECONOMIC DEVELOPMENT DEPARTMENT, PUBLIC IMPROVEMENTS, TAX INCREMENT FINANCING ( TIF )
Attachments: 1. 45-2025-Supplement Ord. No 746-2024, re TIF w Bedrock
Related files: 746-2024

Title

AN EMERGENCY ORDINANCE To supplement Ordinance No. 746-2024, passed August 7, 2024, relating to the Bedrock .41 TIF District by adding three new whereas clauses and Sections 9a, 9b, 9c, 9d, 9e, and 9f; to repeal Section 9 and to amend Section 10, relating to authorizing the Director of Economic Development to enter into a tax increment financing agreement and the Director of Capital Projects to enter into one or more construction-management agreements with Cleveland LD, LLC for various public improvements; and authorizing other agreements and documents.