Board Bill Number 210 In 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.
Download
- Introduced (3.02 MB PDF)
- Committee Substitute (1.36 MB PDF)
Overview
Session: 2019-2020
Primary Sponsors: 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.
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02/07/2020
First Reading
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03/06/2020
Second Reading
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03/13/2020
Perfection
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04/20/2020
Third Reading
Votes
04/20/2020 Vote Results
Ordinance
Ordinance Number: 71148
Effective Date: 06/07/2020
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