File #: 1041-2021    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 11/12/2021 In control: City Council
On agenda: 12/6/2021 Final action: 12/6/2021
Passage/adoption date: 12/6/2021
Effective date: 12/7/2021    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Vispiri Flats LLC, and/or its designee, to fund eligible project costs and project debt of the Cleveland Whiskey Project to be located at 601 Stones Levee Road; 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 Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. 1041-2021-TIF w Vispiri for Cleveland Whiskey, 2. 1041-2021-A-FILE - TIF w Vispiri for Cleveland Whiskey, 3. 1041-2021 Exec. Summary - Cleveland Whiskey TIF Agreement, 4. Vispiri Flats - Project SitePlan - 1041-21

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Vispiri Flats LLC, and/or its designee, to fund eligible project costs and project debt of the Cleveland Whiskey Project to be located at 601 Stones Levee Road; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.