Board Bill Number 210 | Session 2019-2020

Redevelopment Plan for the Jefferson/Gamble/Elliott/Mills Redevelopment Area

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the Jefferson/Gamble/Elliott/Mills Redevelopment Area. This Board Bill will allow Jefferson/Gamble/Elliott/Mills to have 15 years of tax abatement (10 years of 100% tax abatement followed by 5 years of tax abatement based on 50% of the assessed value of the incremental improvements). The project consists of several vacant buildings and lots in the JeffVanderLou neighborhood. The prospective redeveloper has the properties under contract and proposes demolishing the building and constructing a building complex that will house apartments, offices, program space, and possible retail. The first apartment building will have 50 units, with later phases adding more units. The construction costs are estimated at $6.9 million for phase 1.

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Overview

Session: 2019-2020

Sponsor: Brandon Bosley

Ordinance: 71148 effective 06/07/2020

Committee: Neighborhood Development

Legislative History

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

  • 02/07/2020

    First Reading

  • 03/06/2020

    Second Reading

  • 03/13/2020

    Perfection

  • 04/20/2020

    Third Reading

04/20/2020 Final Passage Vote Results

Aye Votes
26
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 71148

Effective Date: 06/07/2020

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