GOV
Board Bill Number 213 | Session 2020-2021
Chapter 99 Redevelopment Plan for the N. Newstead Ave./Cottage Ave./Whittier St./Page Blvd. Redevelopment Area
Board Bill
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the N. Newstead Ave./Cottage Ave./Whittier St./Page Blvd. Redevelopment Area. This Board Bill will allow up to a twenty-five (25) year tax abatement as follows: ten (10) years based on 95% of the assessed value of the incremental improvements, followed by fifteen (15) years based on 50% of the assessed value of the incremental improvements. This Area includes both occupied and unoccupied residential and commercial buildings and vacant lots.
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Legislative History
| Session: | 2020-2021 |
|---|---|
| Sponsor: |
Dwinderlin Evans
|
| Co-Sponsors: | |
| Committee: | Housing, Urban Development and Zoning |
| Actions: |
02/05/2021 Third Reading 01/22/2021 Perfection 01/15/2021 Second Reading 01/08/2021 First Reading |
02/05/2021 Final Passage Vote Results
Ordinance
| Effective Date: | 03/23/2021 |
|---|---|
| Ordinance #: | 71325 |
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