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Council approves chain‑of‑title measures for several redevelopment sites ahead of TIF votes
Summary
The committee approved chain‑of‑title ordinances for redevelopment projects on Superior Avenue (2202 and 2230) and for the former Westinghouse plant (1200 West 58th), allowing the city to enter initial acquisition/reconveyance transactions ahead of full tax increment financing legislation; developers said CBAs are under negotiation and final TIF ordinances will return to council.
Council voted to approve several chain‑of‑title ordinances that allow the city to acquire and reconvey properties as a preliminary step before consideration of tax increment financing (TIF) under Ohio Revised Code Section 5709.41.
Superior Avenue projects: Companion ordinances for 2202 and 2230 Superior Ave (known in presentation as the Heller and Keller Cone buildings) were presented by the development team. Consultants described plans to convert the former textile buildings…
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