Ordinance 71329
Redevelopment Plan for the Riverview Blvd./West Florissant Ave./Lillian Ave./Alcott Ave. Redevelopment Area
Ordinance
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the Riverview Blvd./West Florissant Ave./Lillian Ave./Alcott Ave. 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 71329 Document (2.41 MB)
Legislative History
Session: | 2020-2021 |
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Board Bill Number: | 225 |
Primary Sponsor: | Pam Boyd |
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 |