Right before City Council vote, Oakley Community Council rescinds stadium support

WCPOPublished: November 27, 2017
Published: November 27, 2017

The Oakley Community Council voted unanimously Sunday night to reject a key provision of Mayor John Cranley's plan to funnel $37 million of city money into infrastructure that would support an FC Cincinnati stadium in the neighborhood. "Mayor Cranley's proposal requires the diverting of funds intended for economic development within the respective TIF districts," community council President Sean Fausto wrote, referring to tax-increment financing districts such as Oakley. "The OCC Board believes that this proposal could be detrimental to the long-term development needs of Oakley,"Current development projects within Oakley have requested access to these same funds, including one project co-sponsored by the city and the Oakley Community Council."

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