Board Bill Number 213 | Session 2019-2020

Redevelopment Plan for the 4101 North Grand Blvd. Redevelopment Area

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4101 North Grand Blvd. Redevelopment Area. This Board Bill will allow 4101 North Grand Blvd. to have 10-year tax abatement based on 95% of the assessed value of the incremental improvements. The project consists of the renovation of two partially occupied commercial buildings in the Fairground neighborhood. The prospective redeveloper plans on renovating the buildings for the approximate cost of $990,000. The redeveloper plans to utilize private funds for this project. The two buildings will have a total of 35,000 square feet of commercial space.

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Overview

Session: 2019-2020

Sponsor: Brandon Bosley

Ordinance: 71149 effective 06/07/2020

Committee: Housing, Urban Development and Zoning

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: 71149

Effective Date: 06/07/2020

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