Board Bill Number 31 In 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.
Download
- Introduced (1.94 MB PDF)
- Fiscal Notes (230.14 KB PDF)
Overview
Session: 2020-2021
Primary Sponsors: 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.
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05/21/2020
First Reading
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06/23/2020
Second Reading
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06/26/2020
Perfection
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07/08/2020
Third Reading
Votes
07/08/2020 Vote Results
Ordinance
Ordinance Number: 71195
Effective Date: 08/24/2020
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