File #: 745-2024    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 7/8/2024 In control: City Council
On agenda: 8/7/2024 Final action: 8/7/2024
Passage/adoption date: 8/7/2024
Effective date: 8/13/2024    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into one or more agreements with The Cleveland Foundation to establish, manage, and implement an endowment fund for the acquisition, aggregation and remediation of sites located throughout the City; and to enter into one or more amendments the Services Agreement No. PS 2023-0341 with the Cuyahoga County Land Reutilization Corporation and the Site Readiness for Good Jobs Fund to transfer funds from the Services Agreement and payment responsibilities to the Sites Fund and any other changes necessary to implement this ordinance.
Sponsors: Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: AGREEMENTS, CLEVELAND FOUNDATION, ECONOMIC DEVELOPMENT DEPARTMENT, LAND REUTILIZATION CORPORATION
Attachments: 1. 745-2024-K w Cleveland Foundation Site Readiness, 2. 745-2024 Executive Summary, 3. 745-2024 as amended-desk copy-Final, 4. 745-2024-Amend 745-2024, 5. 745-2024 - Presentation, 6. FINAL VERSION - CITY RECORD 8/16/24 Page 44

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into one or more  agreements with The Cleveland Foundation to establish, manage, and implement an endowment fund for the acquisition, aggregation and remediation of sites located throughout the City;  and to enter into one or more amendments the Services Agreement No. PS 2023-0341 with the Cuyahoga County Land Reutilization Corporation and the Site Readiness for Good Jobs Fund to transfer funds from the Services Agreement and payment responsibilities to the Sites Fund and any other changes necessary to implement this ordinance.