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File #: 1142-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 11/4/2022 In control: City Council
On agenda: 1/23/2023 Final action: 1/23/2023
Passage/adoption date: 1/23/2023
Effective date: 1/25/2023    
Title: AN EMERGENCY ORDINANCE To terminate any Tax Increment Financing Agreement entered into under Ordinance No. 867-2000, passed June 19, 2000, on Superior Avenue between East 17th Street and East 30th Street with various property owners as they relate to certain parcels only; to amend Sections 1 and 2 of Ordinance No. 556-2021, passed August 18, 2021, relating to a Tax Increment Financing Agreement with CC Superior Holding LLC, or designee, for property located between Payne and Superior Avenue and East 21st Street and East 22nd Street to reflect the consolidation of certain parcels; and to supplement Ordinance No. 556-2021, by adding new Section 1a.
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. 1142-2022 Final Version - City Record 1/25/2023 Page 86, 2. 1142-2022-Amend 556-2021, CC Superior Holding, TIF, 3. 1142-2022 Executive Summary, 4. 1142-2022 Presentation -RAM_PLAT

Title

AN EMERGENCY ORDINANCE To terminate any Tax Increment Financing Agreement entered into under Ordinance No. 867-2000, passed June 19, 2000, on Superior Avenue between East 17th Street and East 30th Street with various property owners as they relate to certain parcels only; to amend Sections 1 and 2 of Ordinance No. 556-2021, passed August 18, 2021, relating to a Tax Increment Financing Agreement with CC Superior Holding LLC, or designee, for property located between Payne and Superior Avenue and East 21st Street and East 22nd Street to reflect the consolidation of certain parcels; and to supplement Ordinance No. 556-2021, by adding new Section 1a.