Town of Cincinnati Awards $50,653,948 Tax Exemption Contract to Seventh Street Living (December 2024)
Town of CincinnatiCity · IL- Disclosed value
- $50,653,948
- From meeting minutes
- Approved
- Dec 11, 2024
- Term
- 15 year
The 30-second brief
City Manager is approved to execute a Community Reinvestment Area Tax Exemption Agreement with Seventh Street Living, LLC, allowing a 15-year tax exemption for improvements to real property in Cincinnati. The total remodeling cost for the mixed use building is estimated at $50,653,948.
Seventh Street Living holds this tax exemption contract with Town of Cincinnati.
Term as filed: 15 year.
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Contract details
- Contract type
- Tax Exemption
- Amount
- $50,653,948
- Document date
- December 11, 2024
- Term
- 15 year
- Vendor
- Seventh Street Living
- Agency
- Town of Cincinnati
- Source document
- town-of-cincinnatimeeting-minutes2024-12-11_c2d.pdf (Meeting Minutes)
Seventh Street Living's other public contracts
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Questions about this contract
Who was awarded the tax exemption contract by Town of Cincinnati?
Seventh Street Living was awarded this tax exemption contract by Town of Cincinnati, as recorded on December 11, 2024. The contract value is $50,653,948.
How much is the Seventh Street Living contract with Town of Cincinnati worth?
The Seventh Street Living contract with Town of Cincinnati is valued at $50,653,948, covering tax exemption work.
What type of contract is this?
This is a Tax Exemption contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-cincinnatimeeting-minutes2024-12-11_c2d.pdf (Meeting Minutes), dated December 11, 2024 from Town of Cincinnati. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Seventh Street Living hold?
Seventh Street Living 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 Town of Cincinnati currently buying?
Explore Town of Cincinnati's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.