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Committee approves chain-of-title step for African Town Plaza redevelopment of historic YMCA
Summary
A City Council committee approved an ordinance allowing the city to acquire and reconvey property at 7515 Cedar Avenue so the project can enter the chain of title ahead of planned tax-increment financing for the African Town Plaza redevelopment.
The Finance, Diversity, Equity and Inclusion Committee approved an emergency ordinance to let the city acquire and reconvey property at 7515 Cedar Avenue so a planned tax-increment financing (TIF) district can be put in place for the African Town Plaza redevelopment.
The legislation (Ordinance 388-2025) authorizes the mayor and the commissioner of purchases and supplies to acquire and reconvey properties now owned by JSAACC LLC or its designee. Committee discussion and the developer’s presentation said the chain-of-title transfer is a procedural step required before the city will consider separate TIF legislation authorized under Section 5709.41 of the Ohio Revised Code.
The project calls for the rehabilitation of a roughly 0.75-acre site and a…
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