Board Bill Number 138 Votes In Session 2023-2024

Chapter 99 Redevelopment Plan for the 3041 Locust Blvd. Redevelopment Area

Board Bill

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 3041 Locust Blvd. Redevelopment Area. This Area has a parcel that includes a commercial building that is in the Midtown Neighborhood. The property in the Area is currently blighted and is in a deteriorated condition that constitutes an economic liability to the City. The building was purchased for $1.1 million. The prospective redeveloper plans on renovating the commercial building at 3041 Locust St. into 8 apartments and 5,800 sf for offices for the approximate cost of $4.7 million including acquisition. Private financing and historic tax credits will be sought to finance the project. This Board Bill includes no use of eminent domain and ten (10) year tax abatement based on 75 percent of the assessed value of the incremental improvements.

View Board Bill 138 details

12/08/2023 Final Passage Vote Results

This board bill was part of a consent vote along with BB 130, BB 137, BB 138, BB 145, BB 159

Aye 13
No 0
Final Passage Vote
Ward Alderman Position
1 Anne Schweitzer 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
13 Pamela Boyd Aye
14 Rasheen Aldridge Aye
President Megan E Green Aye
2 Tom Oldenburg Absent
12 Sharon Tyus Absent

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