File #: 1270-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 11/25/2022 In control: City Council
On agenda: 2/12/2024 Final action: 2/12/2024
Passage/adoption date: 2/12/2024
Effective date: 2/13/2024    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CCA CBD Cleveland, LLC, and/or its designee, to assist with the financing of the City Club Apartments Project to be located at 776 Euclid Avenue; 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. 1270-2022-TIF agreement, City Club, 2. 1270-2022-A File, 3. 1270-2022 Executive Summary, 4. 1270-2022 as amended-desk copy-Final-TIF agreement City Club, 5. 1270-2022-Amend 1270-2022, 6. FINAL VERSION - City Record 2/23/24, Page 41

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CCA CBD Cleveland, LLC, and/or its designee, to assist with the financing of the City Club Apartments Project to be located at 776 Euclid Avenue; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.