File #: 30-2020    Version: 1 Name:
Type: Emergency Ordinance Status: Third Reading
File created: 1/3/2020 In control: City Council
On agenda: 3/23/2020 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 First Interstate Properties, Ltd., or its designee, to provide for the redevelopment of the vacant Life Skills building located at 12201 Larchmere Boulevard into a multi-family development; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Blaine A. Griffin, Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. 30-2020-FILE-TIF - 121 Larchmere Project w First Interstate Properties, 2. File - 30-2020-A TIF for 121 Larchmere Project, 3. 30-2020 Executive Summary

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with First Interstate Properties, Ltd., or its designee, to provide for the redevelopment of the vacant Life Skills building located at 12201 Larchmere Boulevard into a multi-family development; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.