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Thursday, January 31, 2002

Council panel getting Saks, ReStoc deals




By Gregory Korte
The Cincinnati Enquirer

        City Council's Finance Committee will take up two controversial development issues Monday:

        • A $6.6 million subsidy for Saks Fifth Avenue.

        • A $770,000 subsidy to an Over-the-Rhine housing developer.

        The Saks deal would use tax-increment financing — payments made by other downtown businesses — to remodel the store at Fifth and Race streets.

        When approved in principle in November, the Saks deal passed 5-4. City Council must now vote on a specific contract negotiated by the city manager.

        With Mayor Charlie Luken no longer on City Council, supporters of the Saks deal — Minette Cooper, Paul Booth, Chris Monzel and Jim Tarbell — will have to find a fifth vote from one of the new members, David Crowley or David Pepper.

        The second development contract, with the Race Street Tenant Organization Cooperative, would allow ReStoc to develop seven buildings on Vine Street.

        The Department of Neighborhood Services and Housing signed the contract this month, but opponents on City Council got the funds frozen over questions about the contract's legality.

        Currently, four councilmen support canceling the contract: John Cranley, Pat DeWine, Mr. Monzel and Mr. Tarbell.

        Mr. Pepper, the likely swing vote, said he's undecided.

        Also at City Hall this week:

        • Appointment: City Council confirmed Mr. Luken's appointment of Dr. Art Schriberg as chairman of the Human Relations Commission.

        • Speed limits: City Council voted to ask the Ohio Department of Transportation to study speed limits on Fort Washington Way.

       



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Van hits elder-care home; woman dies
Volunteer leader has Tristate roots
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Area history focus of new tourism push
Call to volunteer gets good reception
City fees rising for nursing homes
City's cell-phone bills cut by more than 25%
Cooper likely to run for House seat
- Council panel getting Saks, ReStoc deals
Neyer leans toward convention-center tax
Project aims to reduce area's family violence
Tristate A.M. Report
Troopers concentrate on I-75 trouble spot
Two fire departments lured to county system with free radios
You can huff and puff but this one won't fall
HOWARD: Some Good News
PULFER: Count blessings
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Judge, court reporter challenged
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Middletown negotiations set
Team plays on through mourning
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Warren may face 3 social-services levies
Green Party loses in appeal of ballot issue
Boone Co. jailer picked as marshal
Covington schools see shortfall
Fetus-as-person bill passes Senate committee
Gambling bill nearer to gate
No arson charges for 2 UK players
Old city hall is burned
Teen faces 692 Net porn charges
TMC welcomes new leader
Turkeyfoot Rd. losing some of its dips, curves

 

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