The city of Cincinnati laid out conditions for its participation in the next phase of the Banks riverfront development – mainly that the county initially pay the total cost of the parking garages that need to be built to lift a potential music venue and park out of the floodplain.

City Manager Patrick Duhaney described those terms in a Jan. 4 memo obtained by the Business Courier.

“The city is not able to contribute any new funds directly to the next phase of the Banks,” Duhaney’s letter…

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