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Board Bill Number 321 | Session 2015-2016

blighting study and redevelopment plan dated February 23, 2016 for the Nathaniel Rivers Place Redevelopmen

Summary

An ordinance approving a blighting study and redevelopment plan dated February 23, 2016 for the Nathaniel Rivers Place Redevelopment Area (as further defined herein, the "Plan") after finding that said Redevelopment Area ("Area") is blighted as defined in Section 99.320 of the Revised Statutes of Missouri, as amended (the "Statute" being Sections 99.300 to 99.715 RSMo inclusive, as amended); containing a description of the boundaries of the Area in the City of St. Louis ("City"), attached hereto and incorporated herein as Attachment "A", finding that redevelopment and rehabilitation of the Area is in the interest of the public health, safety, morals and general welfare of the people of the City; approving the Plan attached hereto and incorporated herein as Attachment "B", pursuant to Section 99.430 RSMo, as amended; finding that there is a feasible financial plan for the redevelopment of the Area which affords maximum opportunity for redevelopment of the Area by private enterprise; finding that any property in the Area may be acquired by the Land Clearance for Redevelopment Authority of the City of St. Louis ("LCRA"), a public body corporate and politic created under Missouri law, through the exercise of eminent domain; finding that none of the property within the Area is occupied, but if it should become occupied the Redeveloper(s) (as defined herein) shall be responsible for providing relocation assistance pursuant to the Plan to any eligible occupants displaced as a result of implementation of the Plan; finding that financial aid may be necessary to enable the Area to be redeveloped in accordance with the Plan; finding that there shall be available up to a fifteen (15) year real estate tax abatement; and pledging cooperation of this St. Louis Board of Aldermen ("Board") and requesting various officials, departments, boards and agencies of the City to cooperate and to exercise their respective powers in a manner consistent with the Plan; and containing a severability clause.

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Overview

Session: 2015-2016

Sponsor: Jeffrey L Boyd

Ordinance: 70271 effective 06/02/2016

Committee: Neighborhood Development

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 02/26/2016

    First Reading

  • 03/11/2016

    Second Reading

  • 04/18/2016

    Perfection

  • 04/18/2016

    Third Reading

04/18/2016 Final Passage Vote Results

Aye Votes
24
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 70271

Effective Date: 06/02/2016

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