GOV
Board Bill Number 227 In Session 2020-2021
Chapter 99 Redevelopment Plan for the 1319 & 1321 Benton St. and 2500 N. 14th St. Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1319 & 1321 Benton St. and 2500 N. 14th St. Redevelopment Area. This Board Bill will allow up to fifteen years of tax abatement provided as follows: ten years (10) years of tax abatement based on 95% of the assessed value of the incremental improvements, followed by five (5) years of tax abatement based on 50% of the assessed value of the incremental improvements. This Area includes vacant lots which will be redeveloped for mixed-use.
Download
- Introduced (1.69 MB PDF)
Overview
Session: 2020-2021
Primary Sponsors: Tammika Hubbard
Ordinance: 71330 effective 03/23/2021
Committee: Neighborhood Development
Legislative History
Legislative activities for this board bill. Learn more about what these activities mean.
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01/08/2021
First Reading
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01/15/2021
Second Reading
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01/22/2021
Perfection
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02/05/2021
Third Reading
Votes
02/05/2021 Vote Results
Ordinance
Ordinance Number: 71330
Effective Date: 03/23/2021
