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.
Ordinance: 71325 effective 03/23/2021
Committee: Housing, Urban Development and Zoning
Legislative activities for this board bill. Learn more about what these activities mean.
02/05/2021 Final Passage Vote Results
Ordinance Number: 71325
Effective Date: 03/23/2021