Ordinance 71277

Elimination of the 4494 Lindell Special Allocation Funds

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Summary

This Board Bill eliminates the 4494 Lindell Special Allocation Funds for the TIF due to the Developer failing to enter into the Redevelopment Agreement timely without an extension. The Special Allocation Funds will pass through any PILOTs and EATs captured to the statutory Taxing Jurisdictions.

Overview

Session: 2020-2021

Board Bill Number: 159

Sponsor: Joseph D Roddy

Committee: Housing, Urban Development and Zoning

Effective: 02/27/2021

Legislative History

  • 11/13/2020

    First Reading

  • 11/20/2020

    Second Reading

  • 12/04/2020

    Perfection

  • 01/08/2021

    Third Reading

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