Board Bill No. 196 | Session 2017-2018
Redevelopment plan for 4121 Russell Blvd.
BOARD BILL NO.196 INTRODUCED BY ALDERMAN STEPHEN CONWAY AND ALDERMAN JACK COATAR An ordinance approving a Redevelopment Plan for the 4121 Russell Blvd. ("Area") after finding that the Area is blighted as defined in Section 99.320 of the Revised Statutes of Missouri, 2000, as amended, (the "Statute" being Sections 99.300 to 99.715 inclusive), 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 September 26, 2017 for the Area ("Plan"), incorporated herein by attached Exhibit "B", pursuant to Section 99.430; 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 10 year tax abatement (first 5 years based on 80% of the assessed value of the incremental improvements and second 5 years based on 0% of the assessed value of the incremental improvements) ; 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.
12/15/2017 Third Reading
12/01/2017 Second Reading
11/17/2017 First Reading
Some of these documents have attachments that can only be viewed with Adobe Reader and cannot be viewed in the "preview" modes within most Web browsers on most phones or tablets. To view these attachments, you must download the pdf and open it in Adobe Reader. You must then click on the attachment icon (represented by a paper clip) to view any attachments to the board bill.
12/15/2017 Final Passage Vote Results
You need a program that can open Adobe PDF files. A free option:
- Adobe Reader (can read PDF files)