ORD 43083 - TIF Rescission Ordinance - O'Keefe Lofts ORDINANCE NO. LBQM2
AN ORDINANCE rescinding Ordinance No. 42670, passed by the Omaha City Council on
September 16, 2021 approving a Tax Increment Financing (TIF) Redevelopment Loan
Agreement with O'Keefe Lofts, LLC, a Delaware limited liability company to implement O'Keefe
Lofts Tax Increment Financing (TIF) Redevelopment Project Plan for a redevelopment project
site located at 1402 Jones Street which proposed the rehabilitation and expansion of an office
building with historic character in the Central Business District of Omaha, and providing for an
effective date.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OMAHA:
Section 1. The Redevelopment Agreement with O'Keefe Lofts, LLC, a Delaware limited
liability company, to implement the O'Keefe Lofts TIF Redevelopment Project Plan for the
redevelopment project site located at 1402 Jones Street, which proposed the rehabilitation and
expansion of an office building with historic character in the Central Business District of Omaha
for use as first floor retail space with 19 for sale residential condominium units on the upper
floors, approved by the City Council on September 16, 2021, by Ordinance No. 42670, shall be
and is hereby rescinded.
Section 2. This Ordinance shall be in full force and take effect immediately from and
after the date of its passage.
INTRODUCED BY COUNCILMEMBER:
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APPROVED Y:
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MAY OF T CITY O OMAHA DATE
PASSED AUG O �U ACTING_
ATTEST:
CITY CLERK HE CITY OF OMAHA DATE 7C
APROVED AS TO FORM:
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;3 ` CITY ATTORNEY DATE
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