File #: 737-2020    Version: 1 Name:
Type: Emergency Ordinance Status: Third Reading
File created: 9/6/2020 In control: City Council
On agenda: 10/7/2020 Final action:
Passage/adoption date: 10/7/2020
Effective date: 10/7/2020    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 75 Public Square, Ohio, LLC, and/or its designee, to support debt service related to the project and assist with the development of new market rate apartments, a restaurant, and retail space; 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 Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. Ord. No. 737-2020, 2. 737-2020-A-FILE - TIF for 75 Public Square, 3. Ord. 737-2020 Executive Summary - 75 Public Square, 4. Proposed Renovation, 5. Proposed Renovation_Front, 6. Proposed Renovation Side

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 75 Public Square, Ohio, LLC, and/or its designee, to support debt service related to the project and assist with the development of new market rate apartments, a restaurant, and retail space; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.