Ordinance 71725

Chapter 99 Redevelopment Plan for the 3417 Louisiana Ave. Redevelopment Area

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 3417 Louisiana Ave. Redevelopment Area. The project consists of the renovation of a single-family home in the Benton Park West neighborhood. The prospective redeveloper acquired the property from LRA and plans on renovating the home consisting of 3 bedrooms and 2 bathrooms at the cost of $397,775. The redeveloper plans to utilize private funds for this project and financing from Community Development Administration (CDA). The asking price for this property will be approximately $195,000. Based on the Recommended Abatement Map approved October 26, 2018 by Board of Aldermen Resolution 104, a 10-year tax abatement based on 75 percent of the assessed value of the incremental Improvements is recommended.

Download

St. Louis City Ordinance 71725 Document (3.11 MB PDF)

Overview

Session: 2023-2024

Board Bill Number: 80

Primary Sponsors: Alisha Sonnier

Effective: 11/26/2023

Sponsors:

Alisha Sonnier

Legislative History

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

  • 06/30/2023

    First Reading

    Bill text was introduced (744.94 KB PDF).

  • 06/30/2023

    Referred to a Committee

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

  • 09/20/2023

    Committee Hearing

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

  • 09/22/2023

    Second Reading

  • 09/29/2023

    Perfection

    The bill was passed.

  • 10/06/2023

    Engrossment

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

  • 10/06/2023

    Third Reading

    The bill was passed.

  • 10/06/2023

    Delivered to Mayor

  • 10/26/2023

    Mayor Returns Bill

    The bill was approved.

  • 10/26/2023

    Delivered to Register

  • 11/14/2023

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71725. Effective date is 11/26/2023

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