The majority of that money, however, involves $15.3 million in parking fees paid by workers. Further, another $9.1 million is from “foregone revenue” — money that could otherwise be generated through user fees from a surface parking lot that Kroger bought to accommodate the garage.In direct support, Kroger would pay about $50,000 annually in property taxes — or $1.5 million over 30 years — for the site at the northeast corner of Vine Street and Central Parkway.
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A final decision on the Kroger deal will come just weeks after City Council approved a $52.5 million package of tax breaks and grants to keep the Convergys Corp. downtown — a controversial vote that prompted some public backlash during an election year. In June, before the Convergys deal was approved, City Council voted 8-1 to give tentative support for the garage project, and authorized staffers to finalize a contract with Kroger. Council Member Chris Monzel opposed the deal over a provision that gives the garage’s ownership to Kroger, even if the company leaves downtown, so long as it pays the remaining debt.
Since then, some Council members’ support for the Kroger deal has wavered because of the firm’s lack of progress in finding a tenant for its long-vacant College Hill store. The building has been empty for almost two years. Nearby residents said the vacancy is a drain on the neighborhood’s business district and want Kroger — which holds a lease on the property — to work harder to find a tenant.
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A Hamilton County commissioner who is suing the National Football League won a court order Friday that temporarily prevents County Prosecutor Mike Allen from releasing certain documents to the Cincinnati Bengals. Attorneys for the Bengals want Allen to turn over letters that Todd Portune’s attorney had given to his fellow commissioners and the prosecutor’s office about legal strategy in the case. Allen has said he must provide the letters under Ohio’s public records law.