Ordinance 71263

Redevelopment Plan for 528 North Newstead Ave.

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Ordinance

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 528 North Newstead Ave. Redevelopment Area. This Board Bill will allow five (5) years of tax abatement based on 50% of the assessed value of the incremental improvements; construction of a single family home will occur.

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Legislative History

Session: 2020-2021
Board Bill Number: 79
Primary Sponsor: Jesse Todd
Co-Sponsors:
Committee: Neighborhood Development
First Reading: 06/26/2020
Second Reading: 12/04/2020
Perfection: 12/11/2020
Third Reading: 01/15/2021
Effective Date: 02/27/2021

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