Commissioners To Consider Union Terminal Corporation
This week, Hamilton County Commissioners are expected to focus on the agreement that will govern the repair process for Union Terminal.
Voters approved a quarter-cent sales tax last November. The county started collecting it in April. The county expects the sales tax will raise more than $175 million over five years.
Monday, Museum Center CEO Elizabeth Pierce is scheduled to go over the agreement with commissioners. It sets up a corporation to handle the $24.5 million in federal and state historical tax credits. That, along with a state capital grant and private donations, will cover the rest of the repair costs.
The newly formed Union Terminal Corporation will have an oversight committee and appoint project managers.
Commissioners are expected to vote on the agreement Wednesday.