File #: 772-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 8/6/2022 In control: City Council
On agenda: 9/26/2022 Final action: 9/26/2022
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 3614 Euclid Holding LLC, and/or its designee, to support the financing and development of the Delta Hotel Project to be located at 3614 Euclid Avenue; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.
Sponsors: Stephanie Howse-Jones, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: AGREEMENTS, ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 07
Attachments: 1. 772-2022-TIF w 3614 Euclid Holding for Delta Hotel Project, 2. 772-2022-A-FILE - TIF w 3614 Euclid Holding for Delta Hotel Project, 3. 772-2022 Exec. Summary - 3614 Euclid Avenue - Delta Hotel

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with 3614 Euclid Holding LLC, and/or its designee, to support the financing and development of the Delta Hotel Project to be located at 3614 Euclid Avenue; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.