GOV
Ordinance 71325
Chapter 99 Redevelopment Plan for the N. Newstead Ave./Cottage Ave./Whittier St./Page Blvd. Redevelopment Area
Ordinance
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the N. Newstead Ave./Cottage Ave./Whittier St./Page Blvd. Redevelopment Area. This Board Bill will allow up to a twenty-five (25) year tax abatement as follows: ten (10) years based on 95% of the assessed value of the incremental improvements, followed by fifteen (15) years based on 50% of the assessed value of the incremental improvements. This Area includes both occupied and unoccupied residential and commercial buildings and vacant lots.
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St. Louis City Ordinance 71325 Document
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Legislative History
| Session: | 2020-2021 |
|---|---|
| Board Bill Number: | 213 |
| Primary Sponsor: | Dwinderlin Evans |
| Co-Sponsors: | |
| Committee: | Housing, Urban Development and Zoning |
| First Reading: | 01/08/2021 |
| Second Reading: | 01/15/2021 |
| Perfection: | 01/22/2021 |
| Third Reading: | 02/05/2021 |
| Effective Date: | 03/23/2021 |
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