Ordinance 46-08 is another piece of the mystery surrounding the financial charades at Cedar Center. The Cleveland Heights/University Heights School Board has yet to sign off on any "TIF" agreement with the City of South Euclid.
Below Ordinance 46-08 are a few excerpts from the "PROJECT DEVELOPMENT AGREEMENT AND CONTRACT FOR SALE OF LAND" signed in October 2007 by The Coral Company and the City of South Euclid.
To see the entire text of the development agreement, please click on the following link:
Please click on each image below to view full size.