Board Bill Number 80 Votes In Session 2023-2024
Chapter 99 Redevelopment Plan for the 3417 Louisiana Ave. Redevelopment Area
Board Bill
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 3417 Louisiana Ave. Redevelopment Area. The project consists of the renovation of a single-family home in the Benton Park West neighborhood. The prospective redeveloper acquired the property from LRA and plans on renovating the home consisting of 3 bedrooms and 2 bathrooms at the cost of $397,775. The redeveloper plans to utilize private funds for this project and financing from Community Development Administration (CDA). The asking price for this property will be approximately $195,000. Based on the Recommended Abatement Map approved October 26, 2018 by Board of Aldermen Resolution 104, a 10-year tax abatement based on 75 percent of the assessed value of the incremental Improvements is recommended.
10/06/2023 Final Passage Vote Results
This board bill was part of a consent vote along with BB 80, BB 89, BB 92, BB 94
Ward | Alderman | Position |
---|---|---|
1 | Anne Schweitzer | Aye |
2 | Tom Oldenburg | Aye |
3 | Shane Cohn | Aye |
4 | Bret Narayan | Aye |
5 | Joseph Vollmer | Aye |
6 | Daniela Velazquez | Aye |
7 | Alisha Sonnier | Aye |
8 | Cara Spencer | Aye |
9 | Michael Browning | Aye |
10 | Shameem Clark Hubbard | Aye |
11 | Laura Keys | Aye |
12 | Sharon Tyus | Aye |
13 | Pamela Boyd | Aye |
14 | Rasheen Aldridge | Aye |
President | Megan E Green | Aye |