Ordinance 71378
Redevelopment Plan for the 1428 Warren St. and 2514 Blair Ave. area.
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1428 Warren St. and 2514 Blair Ave. 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 percent of the assessed value of the incremental improvements, followed by five (5) years of tax abatement based on 50 percent of the assessed value of the incremental improvements. This Area includes vacant lots which will be redeveloped for mixed-use.
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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06/04/2021
First Reading
Bill text was introduced (968.50 KB PDF).
06/04/2021Referred to a Committee
The bill was assigned to the Neighborhood Development Committee.
06/29/2021Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Neighborhood Development Committee hearing.
07/01/2021Second Reading
07/09/2021Perfection
The bill was passed.
07/12/2021Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
07/13/2021Third Reading
The bill was passed.
07/14/2021Delivered to Mayor
08/02/2021Mayor Returns Bill
The bill was approved.
08/03/2021Delivered to Register
08/04/2021Register Returns Notice with Ordinance Number
Register returns ordinance number 71378. Effective date is 09/02/2021
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