GOV
Board Bill Number 211 In Session 2023-2024
Chapter 99 Redevelopment Plan for the JeffVanderLou Scattered Sites Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the JeffVanderLou Scattered Sites Redevelopment Area. It is anticipated that there will be at least three projects developed in the Area. The projects will include the renovation of a commercial building and construction of 34 senior housing units and retail. The commercial building will house a location of the Negro League Baseball Museum. Estimated cost of development is $17.6 million. This Board Bill will allow up to fifteen (15) years of tax abatement (10 years based on 90 percent of the assessed value of the incremental improvements and followed 5 years based on 50 percent of the assessed value of the incremental improvements).
Download
Latest Bill text:
- Introduced (2.02 MB PDF)
Overview
Session: 2023-2024
Introduced: 02/02/2024
Primary Sponsors: Laura Keys
Latest Activity: Committee Hearing
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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02/02/2024
First Reading
Bill text was introduced (2.02 MB PDF).
02/09/2024Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
03/19/2024Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
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