Board Bill No. 112 | Session 2016-2017

Redevelopment plan for 2000-2002 Wyoming

BOARD BILL NO. 112 INTRODUCED BY ALDERMAN KENNETH ORTMANN An ordinance approving a Redevelopment Plan for the 2000-2002 Wyoming St. Area ("Area") after finding that the Area is blighted as defined in Section 99.320 and Chapter 353 of the Revised Statutes of Missouri, 2000, as amended, (the "Statutes" being Sections 99.300 to 99.715 inclusive and Chapter 353), containing a description of the boundaries of said Area in the City of St. Louis ("City"), attached hereto and incorporated herein as Exhibit "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 dated June 28, 2016 for the Area ("Plan"), incorporated herein by attached Exhibit "B", pursuant to Sections 99.430 and 353.020 (4); finding that there is a feasible financial plan for the development of the Area which affords maximum opportunity for development of the Area by private enterprise; finding that no property in the Area may be acquired by the Land Clearance for Redevelopment Authority of the City of St. Louis ("LCRA") through the exercise of eminent domain; finding that the property within the Area is unoccupied, but if it should become occupied the Redeveloper shall be responsible for relocating 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 ten (10) year real estate tax abatement with five (5) years of payments in lieu of taxes or up to five (5) years real estate tax abatement; and pledging cooperation of the Board of Aldermen 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.

Legislative History


Sponsor: Kenneth Ortmann
Committee: Neighborhood Development
Actions: 10/14/2016 Third Reading
10/07/2016 Perfection
09/30/2016 Second Reading
09/16/2016 First Reading

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10/14/2016 Final Passage Vote Results

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Effective Date: 11/25/2016
Ordinance #: 70360

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