Ordinance 71627

Chapter 99 Redevelopment Plan for the 2616 Cherokee St. Redevelopment Area

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 2616 Cherokee St. Redevelopment Area. The project consists of the renovation of an existing mixed-use building in the Gravois Park neighborhood. The prospective redeveloper plans on renovating the building creating 6 apartments and 3 commercials units for the approximate cost of $865,000. This Board Bill will allow ten (10) years of tax abatement (10 years based on 75 percent of the assessed value of the incremental improvements).

Overview

Session: 2022-2023

Board Bill Number: 163

Primary Sponsors: Cara Spencer

Effective: 03/16/2023

Legislative History

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

  • 01/13/2023

    First Reading

    Bill text was introduced (2.19 MB PDF).

  • 01/17/2023

    Referred to a Committee

    The bill was assigned to the Housing, Urban Development and Zoning Committee.

  • 01/19/2023

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.

  • 01/20/2023

    Second Reading

  • 01/27/2023

    Perfection

    The bill was passed.

  • 02/03/2023

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 02/03/2023

    Third Reading

    The bill was passed.

  • 02/03/2023

    Delivered to Mayor

  • 02/17/2023

    Mayor Returns Bill

    The bill was approved.

  • 02/17/2023

    Delivered to Register

  • 03/02/2023

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71627. Effective date is 03/16/2023

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