Ordinance 71415
Redevelopment Plan for the 1717 Olive St. Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1717 Olive St. Redevelopment Area. The prospective redeveloper plans renovating the Butler Brothers building into 385 apartments, 385 parking spaces, and 16,000 of commercial space. This Board Bill will allow for a 15-year tax abatement (5 at 95 percent followed by 5 at 75 percent followed by 5 at 50 percent).
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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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10/08/2021
First Reading
Bill text was introduced (2.31 MB PDF).
10/08/2021Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
10/12/2021Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
10/15/2021Second Reading
10/22/2021Perfection
The bill was passed.
10/29/2021Third Reading
The bill was passed.
10/29/2021Enrollment
10/29/2021Delivered to Mayor
11/12/2021Mayor Returns Bill
The bill was approved.
11/22/2021Register Returns Notice with Ordinance Number
Register returns ordinance number 71415. Effective date is 12/12/2021
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