Board Bill Number 98 In Session 2019-2020
Establish Olive West CID
Summary
The Bill will authorize the creation of the Olive West CID, which will levy a special assessment on buildings in the District to help defray a portion of the cost of land assemblage, land clearance, the installation of new sewers, sidewalks, trees and landscaping, and the renovation of the historic Wolfner Library within the District. The special assessment authorized in the petition is up to $4.50 per square foot on residential buildings and $6.00 per square foot on commercial buildings. It is estimated that the special assessment will result in approximately $1.8 million of assistance to the project.
Download
- Introduced (1.98 MB PDF)
- Fiscal Notes (268.15 KB PDF)
Overview
Session: 2019-2020
Primary Sponsors: Marlene E Davis
Ordinance: 71047 effective 12/26/2019
Committee: Ways and Means
Legislative History
Legislative activities for this board bill. Learn more about what these activities mean.
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09/13/2019
First Reading
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10/25/2019
Second Reading
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11/01/2019
Perfection
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11/08/2019
Third Reading
Ordinance
Ordinance Number: 71047
Effective Date: 12/26/2019