The committee recommended proceeding with special assessments to fund the Downtown Cincinnati Improvement District’s 2026–2029 services plan. It also recommended levying the assessments and approving the related assessment board report.
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What this means
If approved by City Council, properties in the Downtown Cincinnati Improvement District would be assessed to pay for services planned from 2026 through 2029. The committee also advanced a 15-year, 100% tax exemption on improvements to three Over-the-Rhine buildings that would create 17 residential units and two commercial units. Other recommendations included $1.8 million for Convention Center contractual obligations and ending its current naming-rights agreement, plus $1.35 million for property acquisition in Corryville.
Key decisions
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Recommended passage of ordinances to proceed with, levy, and implement special assessments for the Downtown Cincinnati Improvement District’s 2026–2029 services plan.
Recommended passage of a 15-year, 100% tax exemption for improvements to three Over-the-Rhine buildings, involving approximately $4.2 million in remodeling for 17 residential units and two commercial units.
Recommended transferring $1.8 million from the Convention Center Fund for contractual service obligations and termination of the current Convention Center naming-rights agreement.
Recommended transferring $1,350,903 for property acquisition in Corryville and $120,000 for related staffing resources through the Corryville Tax Increment Financing District.
Recommended passage of grants or grant applications totaling up to $2,578,253.50 for public health emergency preparedness, French Park improvements, a Public Landing boat dock, park litter-removal reimbursement, and pedestrian safety improvements at The Banks.
Recommended accepting up to $60,000 in in-kind services for one full-time contracted position supporting key portions of the 2023 Green Cincinnati Plan.
Held the ordinance authorizing Cincinnati to join the Southeast Ohio Public Energy Council for group electricity purchasing.
Approved and filed the communication concerning objections and recommendations from the Downtown Cincinnati Improvement District Assessment Equalization Board.
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