Ordinance 71141

3808 Wilmington Redevelopment Area

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 3808 Wilmington Ave. Redevelopment Area. This Board Bill authorizes a five (5) year tax abatement based on 50% of the assessed value of incremental improvements. The property in the Area is an unoccupied single-family home which will be renovated and leased for approximately $1500/month. This bill includes a five (5) year tax abatement.

Overview

Session: 2019-2020

Board Bill Number: 197

Primary Sponsors: Beth Murphy

Committee: Neighborhood Development

Effective: 06/07/2020

Legislative History

  • 01/24/2020

    First Reading

  • 03/06/2020

    Second Reading

  • 03/13/2020

    Perfection

  • 04/20/2020

    Third Reading

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