The Port Of Greater Cincinnati Development Authority Special Board Meeting
The board discussed and approved several resolutions concerning financial bonds and grant applications. Specific authorizations included the issuance of revenue bonds for University Station, lease revenue bonds for a residential conversion project at 1520 Madison Road, and lease revenue bonds for multi-family construction in Sharonville. Furthermore, the board authorized a co-application for a Maritime assistance program grant to support river and rail terminal benchmarks. The session also featured a financial report, which detailed current revenue trends, expenses, updates on the CARE homes initiative, and the status of unrestricted cash reserves.
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The board discussed the president's reports on strategic planning, state-level advocacy, and regional partnerships. Approval was granted for the issuance of revenue bonds for a mixed-rate apartment project in the Atlas building and a class-A office building development known as Montgomery Quarter Phase II. The board reviewed a roadmap for the Cincinnati Innovation District, adopted a new cybersecurity policy, and received an update on financial performance, including status reports on the CARE Homes program and ongoing audits.
May 13, 2026·Board meeting
The Port Board Of Directors Board Of Directors Meeting
The meeting included reports from the President regarding future strategic planning and an upcoming retirement. The Board approved Resolution 2026-05, authorizing the issuance of up to $55 million in tax lease revenue bonds for a mixed-use development project in Sycamore Township. Furthermore, the Board reviewed Q1 financial statements, approved a transition in the Economic Equity Policy to the new Economic Opportunity Policy, and received an update on the status of demolition and brownfield grant extension requests.
