Board Bill Number 113 In Session 2021-2022

Steelcote Gratiot LLC Project


This Board Bill authorizes the issuance of Taxable Industrial Revenue Bonds for the Steelcote Gratiot LLC project, which consists of the development of approximately 196 multi-family residential apartments, 65,000 square feet of retail space and 355 structured and surface parking spaces. The proposed bonds will facilitate a sales and use tax exemption on construction materials used to construct the project. The bonds are payable only from the lease revenues paid by the Developer and not from any City tax revenues. The Developer, in a separate board bill, is also pursuing creation of a community improvement district. The Developer will be required to maintain a portion of the Project as workforce housing, affordable to families making 80 percent or less of the area median income.


Latest Bill text:


Session: 2021-2022

Introduced: 10/15/2021

Primary Sponsors: Marlene E Davis

Latest Activity: Register Returns Notice with Ordinance Number

Ordinance: 71426 effective 01/13/2022

Legislative History

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

  • 10/15/2021

    First Reading

    Bill text was introduced (2.07 MB PDF).

  • 10/15/2021

    Referred to a Committee

    The bill was assigned to the Housing, Urban Development and Zoning Committee.

  • 11/09/2021

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.

  • 11/12/2021

    Second Reading

  • 11/19/2021


    The bill was passed.

  • 11/23/2021


    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 11/23/2021

    Third Reading

    The bill was passed.

  • 11/23/2021

    Delivered to Mayor

  • 12/14/2021

    Mayor Returns Bill

    The bill was approved.

  • 12/15/2021

    Delivered to Register

  • 12/28/2021

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71426. Effective date is 01/13/2022


11/23/2021 Vote Results

Aye Votes 21
No Votes 0
Final Passage Vote

View vote details


Ordinance Number: 71426

Effective Date: 01/13/2022

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