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File #: 412-2021    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 5/20/2021 In control: Committee of the Whole
On agenda: 6/7/2021 Final action: 6/7/2021
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Mavrek Schiff Ventures LLC, and/or its designee, to fund eligible project costs and project debt for the financing of the TREO Development Project to be located at 2461 West 25th Street; 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. 412-2021-TIF Ag w Mavrek Schiff for TREO Development Project, 2. 412-2021-A-FILE - TIF Ag w Mavrek Schiff for TREO Development Project

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Mavrek Schiff Ventures LLC, and/or its designee, to fund eligible project costs and project debt for the financing of the TREO Development Project to be located at 2461 West 25th Street; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.