Board Bill Number 195 In Session 2023-2024

Redevelopment Plan for the 1902-1904 Dodier St. Redevelopment Area

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1902-1904 Dodier St. Redevelopment Area. The project consists of the renovation of a multi-family building in the Old North neighborhood. The prospective redeveloper acquired the property for $75,000 and plans on renovating the 4-unit building consisting of 3-2 bedrooms units and 1- 1-bedroom unit at the cost of $129,000. The redeveloper plans to utilize private funds for this project. Based on the Recommended Abatement Map approved October 26, 2018 by Board of Aldermen Resolution 104, the staff recommends a 10-year tax abatement based on 95 percent of the assessed value of the incremental improvements.

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Latest Bill text:

Overview

Session: 2023-2024

Introduced: 01/12/2024

Primary Sponsors: Rasheen Aldridge

Latest Activity: Delivered to Mayor

Legislative History

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

  • 01/12/2024

    First Reading

    Bill text was introduced (1.17 MB PDF).

  • 01/12/2024

    Referred to a Committee

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

  • 02/06/2024

    Committee Hearing

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

  • 02/09/2024

    Second Reading

  • 02/16/2024

    Perfection

    The bill was passed.

  • 02/23/2024

    Engrossment

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

  • 02/23/2024

    Third Reading

    The bill was passed.

  • 02/23/2024

    Delivered to Mayor

Votes

02/23/2024 Vote Results

Aye Votes 15
No Votes 0
Final Passage Vote

View vote details

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