File #: 1213-2022    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 11/11/2022 In control: City Council
On agenda: 3/13/2023 Final action: 3/13/2023
Passage/adoption date: 3/13/2023
Effective date: 3/15/2023    
Title: AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Bridgeworks, LLC, and/or its designee, to assist with the financing of the Bridgeworks Development Project to be located at 2429 West Superior 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: Kerry McCormack, Anthony T. Hairston, Blaine A. Griffin, By Departmental Request
Indexes: AGREEMENTS, ECONOMIC DEVELOPMENT DEPARTMENT, TAX INCREMENT FINANCING ( TIF ) , WARD 03
Attachments: 1. 1213-2022-TIF - Bridgeworks at 2429 Superior, 2. 1213-2022 Exec. Summary -Bridgeworks TIF, 3. 1213-2022-A-FILE - TIF - Bridgeworks at 2429 Superior, 4. Final Version - City Record March 24, 2023 Page 81

Title

AN EMERGENCY ORDINANCE Authorizing the Director of Economic Development to enter into a Tax Increment Financing Agreement with Bridgeworks, LLC, and/or its designee, to assist with the financing of the Bridgeworks Development Project to be located at 2429 West Superior Avenue; to provide for payments to the Cleveland Metropolitan School District; and to declare certain improvements to real property to be a public purpose.