File #: 857-2020    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 10/31/2020 In control: City Council
On agenda: 3/15/2021 Final action: 3/15/2021
Passage/adoption date: 3/15/2021
Effective date: 3/16/2021    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with WRB Partners LLC, and/or its designee, to fund eligible projects costs and project debt for the Western Reserve Building 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: Kerry McCormack, Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. Ord. No. 857-2020 (Final), 2. 857-2020 Executive Summary - TIF Agreement, 3. Ord. No. 857-2020, 4. 857-2020-A-FILE

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with WRB Partners LLC, and/or its designee, to fund eligible projects costs and project debt for the Western Reserve Building Project; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.