GOV
Ordinance 71808
Redevelopment Plan for the 1902-1904 Dodier St. Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1902-1904 Dodier St. Redevelopment Area. The project consists of the renovation of a multi-family building in the Old North neighborhood. The prospective redeveloper acquired the property for $75,000 and plans on renovating the 4-unit building consisting of 3-2 bedrooms units and 1- 1-bedroom unit at the cost of $129,000. The redeveloper plans to utilize private funds for this project. Based on the Recommended Abatement Map approved October 26, 2018 by Board of Aldermen Resolution 104, the staff recommends a 10-year tax abatement based on 95 percent of the assessed value of the incremental improvements.
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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01/12/2024
First Reading
Bill text was introduced (1.17 MB PDF).
01/12/2024Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
02/06/2024Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
02/09/2024Second Reading
02/16/2024Perfection
The bill was passed.
02/23/2024Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
02/23/2024Third Reading
The bill was passed.
02/23/2024Delivered to Mayor
03/13/2024Mayor Returns Bill
The bill was approved.
03/13/2024Delivered to Register
03/15/2024Register Returns Notice with Ordinance Number
Register returns ordinance number 71808. Effective date is 04/13/2024
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