City of Cincinnati Awards $1,700,000 Tax Exemption Contract to Otr Historical Development (September 2025)
City of CincinnatiCity · Cincinnati, OH- Disclosed value
- $1,700,000
- From agenda
- Approved
- Sep 4, 2025
- Term
- 12 years
The 30-second brief
Approve a tax exemption agreement with OTR Historical Development, LLC, authorizing a twelve-year tax exemption for 100 percent of the value of improvements to real property. The project involves remodeling existing buildings into approximately 10,933 square feet of residential space, consisting of 16 residential units, at a total construction cost of approximately $1,700,000.
Otr Historical Development holds this tax exemption contract with City of Cincinnati.
Term as filed: 12 years.
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Contract details
- Contract type
- Tax Exemption
- Amount
- $1,700,000
- Document date
- September 4, 2025
- Term
- 12 years
- Agency
- City of Cincinnati
- Source document
- city-of-cincinnati-city-council-meeting-agenda-september-4-2025_f22.pdf (Agenda)
Otr Historical Development's other public contracts
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Questions about this contract
Who was awarded the tax exemption contract by City of Cincinnati?
Otr Historical Development was awarded this tax exemption contract by City of Cincinnati, as recorded on September 4, 2025. The contract value is $1,700,000.
How much is the Otr Historical Development contract with City of Cincinnati worth?
The Otr Historical Development contract with City of Cincinnati is valued at $1,700,000, covering tax exemption work.
What type of contract is this?
This is a Tax Exemption contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-cincinnati-city-council-meeting-agenda-september-4-2025_f22.pdf (Agenda), dated September 4, 2025 from City of Cincinnati. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Otr Historical Development hold?
Otr Historical Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Cincinnati currently buying?
Explore City of Cincinnati's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.