Board Bill Number 31 | Session 2020-2021

Chapter 99 Redeveolpment Plan 1417-1433 Tower Grove Ave.

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1417-1433 Tower Grove Ave. Redevelopment Area. This Board Bill will allow 1417-1433 Tower Grove Ave. to have 5-year tax abatement based on 75% of the assessed value of the incremental improvements. The project consists of the renovation of an existing mixed use building in the Forest Park Southeast neighborhood. The prospective redeveloper plans on converting the building into 10 apartments. Approximate cost of the project is $1,061,442.

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Overview

Session: 2020-2021

Sponsor: Joseph D Roddy

Ordinance: 71195 effective 08/24/2020

Committee: Neighborhood Development

Legislative History

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

  • 05/21/2020

    First Reading

  • 06/23/2020

    Second Reading

  • 06/26/2020

    Perfection

  • 07/08/2020

    Third Reading

07/08/2020 Final Passage Vote Results

Aye Votes
26
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 71195

Effective Date: 08/24/2020

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