File #: 738-2020    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 Stoneleigh Companies LLC, and/or its designee, to support debt service related to the project and assist with the development of housing apartment units; 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. 738-2020, 2. 738-2020-A-FILE - TIF w Stoneleigh for Waterford Bluffs, 3. Ord. 738-2020 Executive Summary - Waterford, 4. Waterford Rendering, 5. Waterford Rendering 2

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Stoneleigh Companies LLC, and/or its designee, to support debt service related to the project and assist with the development of housing apartment units; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.