Board Bill Number 213 | Session 2020-2021
Chapter 99 Redevelopment Plan for the N. Newstead Ave./Cottage Ave./Whittier St./Page Blvd. Redevelopment Area
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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|Committee:||Housing, Urban Development and Zoning|
02/05/2021 Third Reading
01/15/2021 Second Reading
01/08/2021 First Reading
02/05/2021 Final Passage Vote Results
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