Ordinance 71378

Redevelopment Plan for the 1428 Warren St. and 2514 Blair Ave. area.

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1428 Warren St. and 2514 Blair Ave. Redevelopment Area. This Board Bill will allow up to fifteen years of tax abatement provided as follows: ten years (10) years of tax abatement based on 95 percent of the assessed value of the incremental improvements, followed by five (5) years of tax abatement based on 50 percent of the assessed value of the incremental improvements. This Area includes vacant lots which will be redeveloped for mixed-use.

Overview

Session: 2021-2022

Board Bill Number: 43

Sponsor: James Page

Effective: 09/02/2021

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

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