Board Bill Number 185 Votes | Session 2019-2020

North 2nd Street development Area

Board Bill

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 618-624 & 700-702 North 2nd St. Area. This Board Bill will allow 618-624 & 700-702 North 2nd St. Area to have 10-year tax abatement based on 75% of the assessed value of the incremental improvements. The project consists of the renovation of two unoccupied commercial buildings in the Downtown neighborhood. The prospective redeveloper is acquiring the properties for $2,700,000 and plans on renovating the buildings for the approximate cost of $12,400,000. The redeveloper plans to utilize private funds for this project. The properties will have office/commercial space on the first floors and a total of 76 residential units on the upper floors of the two buildings.

View Board Bill 185 details

03/06/2020 Final Passage Vote Results

This board bill was part of a consent vote along with BB 173, BB 182, BB 183, BB 185, BB 188, BB 202, BB 207

Noes (0)

No "no" votes recorded

Did Not Vote (1)

Ward Alderman
16 Tom Oldenburg

Abstain (0)

No aldermen abstained from vote

Present (0)

No "present" votes recorded

Absent (0)

No aldermen absent for vote

Vacant Seat (2)

4 Seat is vacant
12 Seat is vacant

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