Ordinance 66754

An ordinance affirming adoption of a redevelopment plan, redevelopment area, redevelopment project, authorizing the execution of a redevelopment agreement between the City and NSI Ventures, LLC;

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Summary

AN ORDINANCE AFFIRMING ADOPTION OF A REDEVELOPMENT PLAN, REDEVELOPMENT AREA, REDEVELOPMENT PROJECT; AUTHORIZING THE EXECUTION OF A REDEVELOPMENT AGREEMENT BETWEEN THE CITY AND NSI VENTURES, LLC; PRESCRIBING THE FORM AND DETAILS OF SAID AGREEMENT; DESIGNATING NSI VENTURES, LLC, AS DEVELOPER OF THE REDEVELOPMENT AREA; MAKING CERTAIN FINDINGS WITH RESPECT THERETO; AUTHORIZING OTHER RELATED ACTIONS IN CONNECTION WITH THE REDEVELOPMENT OF CERTAIN PROPERTY WITHIN THE REDEVELOPMENT AREA; AND CONTAINING A SEVERABILITY CLAUSE.

Overview

Session: 2005-2006

Board Bill Number: 104

Primary Sponsors: Lewis E Reed

Committee: Housing, Urban Development and Zoning

Effective: 06/27/2005

Legislative History

  • 05/20/2005

    First Reading

  • 06/03/2005

    Second Reading

  • 06/10/2005

    Perfection

  • 06/10/2005

    Third Reading

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