File #: 96-2025    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 1/10/2025 In control: City Council
On agenda: 2/10/2025 Final action: 2/10/2025
Passage/adoption date: 2/10/2025
Effective date: 2/14/2025    
Title: AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by TDG Franklin Realty, LLC, and/or its designee, located at 3105 Franklin Boulevard, Cleveland, OH 44113 for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code for the Franklin Yards South Project.
Sponsors: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: ECONOMIC DEVELOPMENT DEPARTMENT, PURCHASES AND SUPPLIES DIVISION, TAX INCREMENT FINANCING ( TIF ) , WARD 03
Attachments: 1. 96-2025-Enter into chain of title for TDG Franklin Realty - SOUTH, 2. 96-2025 Executive Summary, 3. 95-2025 & 96-2025 PRESENTATION 2.10.25, 4. 95-2025 & 96-2025 PRESENTATION, 5. 95-2025 & 96-2025 TIF COT Franklin Talking points, 6. FINAL VERSION - CITY RECORD 2/21/25 PAGE 25

Title

AN EMERGENCY ORDINANCE Authorizing the Mayor and the Commissioner of Purchases and Supplies to acquire and re-convey properties presently owned by TDG Franklin Realty, LLC, and/or its designee, located at 3105 Franklin Boulevard, Cleveland, OH 44113 for the purpose of entering into the chain-of-title prior to the adoption of tax increment financing legislation authorized under Section 5709.41 of the Revised Code for the Franklin Yards South Project.