File #: 401-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 3/28/2019 In control: City Council
On agenda: 4/22/2019 Final action: 4/22/2019
Passage/adoption date: 4/22/2019
Effective date: 4/24/2019    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CLE Dexter LLC and/or its designee, in consideration for the developer agreeing to make certain improvement to the property; to provide for payments to the Cleveland City 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
Indexes: CLEVELAND METROPOLITAN SCHOOL DISTRICT , ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF )
Attachments: 1. 401-2019-EOrd-TIF Ag - Dexter Apartments, 2. 401-2019-A-FILE, 3. 401-2019 Executive Summary - CLE Dexter TIF, 4. 401-2019 Site plans, 5. Amend 401-2019, 6. Ord. No. 401-2019 (Final)
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Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CLE Dexter LLC and/or its designee, in consideration for the developer agreeing to make certain improvement to the property; to provide for payments to the Cleveland City School District; and to declare certain improvements to real property to be a public purpose.