Cleveland Heights City Council approved a tax abatement for The Orlean Company at this week's meeting, an agreement that moves forward an $11.4 million residential and retail building on a Lee Road vacant lot.
The Meadowbrook-Lee development agreement was unanimously approved by Cleveland Heights City Council this week, the Sun News reports. The 11-year, 80 percent tax abatement for The Orlean Company's proposed $11.4 million residential and commercial building at Meadowbrook and Lee roads was unanimously approved by the Cleveland Heights-University Heights School Board last month. This development will generate about $70,000 annually for the schools over 11 years. Without the abatement the development would generate around $300,000 annually — but a school board member noted that, with nothing on the empty lot, it generates no money. Cleveland Heights Planning and Development Director Richard Wong also said at a school board meeting that it …
School Board members granted the City of Cleveland Heights and developer The Orlean Company an 11-year, 80 percent abatement that includes a compensation agreement.
Updated at 10 a.m. Tuesday The Cleveland Heights-University Heights School Board unanimously approved an 11-year, 80 percent tax abatement for the City of Cleveland Heights and developer The Orlean Company for the proposed residential and commercial building on the Meadowbrook and Lee property at its regular meeting Monday night. Cleveland Heights City Council members, the city's planning and development director, the law director, the acting city manager, Orlean Company president David Orlean and other officials attended the meeting and answered questions from school board members. Superintendent Doug Heuer and Chief Financial Officer Scott Gainer recommended that the board approve the resolution for a tax abatement for the Meadowbrook …
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Garry Kanter
7:46 pm on Friday, February 22, 2013
Good question. Have you asked any members of city council? I have. All I got was double talk and/or silence.   more ›