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File #: 556-2021    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 7/10/2021 In control: City Council
On agenda: 8/18/2021 Final action: 8/18/2021
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CC Superior Holding LLC, and/or its designee, to fund eligible project costs or project debt for the development of property for the Cross Country Mortgage Services Project located between Payne and Superior Avenue and E. 21st and E. 22nd Streets; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Basheer S. Jones, Anthony Brancatelli, Kevin J. Kelley, By Departmental Request
Attachments: 1. 556-2021-TIF Ag w CC Superior Holding LLC for project on Superior and E 22, 2. 556-2021-A-FILE - TIF Ag w CC Superior Holding LLC for Cross Country Mortgage Project, 3. 556-2021 Executive Summary - CCM TIF

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with CC Superior Holding LLC, and/or its designee, to fund eligible project costs or project debt for the development of property for the Cross Country Mortgage Services Project located  between Payne and Superior Avenue and E. 21st and E. 22nd Streets; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.