Community Development · CINCINNATI, OH · EIN 20-0446324
About
(1) to promote the welfare of the people of the city of cincinnati, OHIO (the "city") (2) to combat community deterioration, provide relief to the poor and distressed, eliminate discrimination and prejudice, lessen neighborhood tensions, foster low income housing, stabilize, and generally to otherwise promote community and economic development and redevelopment in the city's downtown; (3) to lessen the burdens of government of the city by overseeing projects, including those in the "center city plan" presented to the city, and programs designed to strengthen and leverage the city's downtown CORE assets, initially focusing on the fountain district, over the rhine and the banks; (4) to improve the economy of the city by developing, attracting, expanding, and retaining business, industrial, educational, cultural, civic, community and other enterprises in the city and thereby developing, attracting, expanding, and retaining jobs for the people of the city; (5) solely for the above purposes, the corporation is empowered to take and hold by bequest, devise, gift, contribution, purchase, lease, or ANY other form, either absolutely or in trust, ANY property, real or personal, tangible or intangible, without limitation as to amount or value; to sell, convey, use, assign and dispose of ANY such property and to invest and reinvest the income and principal thereof; to DEAL with and expend the income and principal of the corporation; to make gifts or contributions to other entities or persons; to vote the shares or interests in ANY stock or other equity investment held by the corporation; to maintain, protect and enforce ALL rights, title and interests incidental to holding title to property held by the corporation; to do ALL things necessary or appropriate to accomplish the foregoing; and to exercise ALL other rights and powers conferred by the LAWS of the state of OHIO UPON nonprofit corporations.