Board Bill Number 142 | Session 2020-2021

Chapter 99 Redevelopment Plan for the 4320-4330, 4350 and 4350R S. Kingshighway Blvd. Redevelopment Area

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4320-4330, 4350 and 4350R S. Kingshighway Blvd. Redevelopment Area. This Board Bill will allow up to twenty years of tax abatement provided as follows: fifteen years (15) years of tax abatement based on 95% of the assessed value of the incremental improvements, followed by 5 years of tax abatement based on 90% of the assessed value of the incremental improvements. This Area includes unoccupied property which will be redeveloped for mixed-use.

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Overview

Session: 2020-2021

Sponsor: Carol Howard

Ordinance: 71273 effective 02/27/2021

Committee: Neighborhood Development

Legislative History

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

  • 10/09/2020

    First Reading

  • 12/04/2020

    Second Reading

  • 12/11/2020

    Perfection

  • 01/15/2021

    Third Reading

01/15/2021 Final Passage Vote Results

Aye Votes
26
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 71273

Effective Date: 02/27/2021

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