Board Bill Number 162 Votes In Session 2023-2024

Redevelopment Plan for the 3101-3115 South Jefferson Ave. and 2614-2624 Arsenal St. Redevelopment Area

Board Bill

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 3101-3115 South Jefferson Ave. & 2614-2624 Arsenal St. Redevelopment Area. The project consists of vacant lots in the Benton Park West neighborhood. The prospective redeveloper plans constructing a multi-story building with 49 senior citizen residential units, at the cost of $14.5 million. The redeveloper plans to utilize LIHTC and private funds for this project. Staff supports up to fifteen (15) years of tax abatement as follows: ten (10) years of tax abatement based on 90% of the assessed value of incremental improvements followed by five (5) years of tax abatement based on 50% of the assessed value of incremental improvements.

View Board Bill 162 details

12/15/2023 Final Passage Vote Results

This board bill was part of a consent vote along with BB 83, BB 84, BB 136, BB 149, BB 150, BB 152, BB 155, BB 156, BB 160, BB 162, BB 163, BB 165, BB 166, BB 168, BB 169, BB 172

Aye 13
No 0
Final Passage Vote
Ward Alderman Position
1 Anne Schweitzer Aye
2 Tom Oldenburg Aye
3 Shane Cohn Aye
4 Bret Narayan Aye
6 Daniela Velazquez Aye
7 Alisha Sonnier Aye
8 Cara Spencer Aye
9 Michael Browning Aye
10 Shameem Clark Hubbard Aye
12 Sharon Tyus Aye
13 Pamela Boyd Aye
14 Rasheen Aldridge Aye
President Megan E Green Aye
5 Joseph Vollmer Did Not Vote
11 Laura Keys Absent

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