Board Bill Number 169 Votes | Session 2022-2023

Chapter 99 Redevelopment Plan for the 704-710 North 2nd St. Redevelopment Area

Board Bill

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 704-710 North 2nd St. Redevelopment Area. The prospective redeveloper is acquiring the properties for $1,998,000 and plans on renovating the building for the approximate cost of $10,246,000. The redeveloper plans to utilize private funds and historic credits for this project. The properties will have commercial space on the first floors and a total of 33 residential units on the upper floors of the two buildings. This Board Bill will allow ten (10) years of tax abatement (10 years based on 75 percent of the assessed value of the incremental improvements).

View Board Bill 169 details

02/03/2023 Final Passage Vote Results

This board bill was part of a consent vote along with BB 122, BB 124, BB 127, BB 142, BB 157, BB 163, BB 169, BB 170

Note: Ward 10 Alderman Joseph Vollmer is voting in his role as president and not as alderman starting 06/07/2022.

Noes (1)

Ward Alderman
12 Bill Stephens

Did Not Vote (2)

Ward Alderman
6 Christine Ingrassia
14 Carol Howard

Abstain (0)

No aldermen abstained from vote

Present (0)

No "present" votes recorded

Absent (0)

No aldermen absent for vote

Vacant Seat (1)

Ward
15 Seat is vacant

Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.