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File #: 1376-2019    Version: 1 Name:
Type: Emergency Ordinance Status: Third Reading
File created: 11/8/2019 In control: Committee of the Whole
On agenda: 12/2/2019 Final action:
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Landmark at the Lake, LLC, or its designee, for development and costs associated with new construction on vacant land at and/or adjacent to 5455 North Marginal Road for the Shoreline Phase II Development Project; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Anthony T. Hairston, Anthony Brancatelli, Kevin Kelley, By Departmental Request
Indexes: CLEVELAND METROPOLITAN SCHOOL DISTRICT , ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 10
Attachments: 1. 1376-2019 TIF - Landmark at the Lake, 2. 1376-2019 File - Landmark at the Lake TIF, 3. 1376-2019 Exec. Summary - Landmark at the Lake TIF

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Landmark at the Lake, LLC, or its designee, for development and costs associated with new construction on vacant land at and/or adjacent to 5455 North Marginal Road for the Shoreline Phase II Development Project; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.