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File #: 907-2020    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 11/15/2020 In control: City Council
On agenda: 12/9/2020 Final action: 12/9/2020
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Millennia Housing Development, Ltd, and/or its designee, to support the redevelopment of the Centennial at 925 Euclid Avenue 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 Kelley, By Departmental Request
Attachments: 1. Ord. No. 907-2020, 2. 907-2020-A-FILE - TIF ag w Millennia for Centennial at 925 Euclid Ave, 3. 907-2020 Executive Summary_TIF_ Centennial

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Millennia Housing Development, Ltd, and/or its designee, to support the redevelopment of the Centennial at 925 Euclid Avenue Project; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.