Ordinance 71898
Redevelopment Plan for the JeffVanderLou Scattered Sites Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the JeffVanderLou Scattered Sites Redevelopment Area. It is anticipated that there will be at least three projects developed in the Area. The projects will include the renovation of a commercial building and construction of 34 senior housing units and retail. The commercial building will house a location of the Negro League Baseball Museum. Estimated cost of development is $17.6 million. This Board Bill will allow up to fifteen (15) years of tax abatement (10 years based on 90 percent of the assessed value of the incremental improvements and followed 5 years based on 50 percent of the assessed value of the incremental improvements).
Download
Overview
Co-Sponsors:
Anne Schweitzer, Tom Oldenburg, Shane Cohn, Bret Narayan, Joseph Vollmer, Daniela Velazquez, Alisha Sonnier, Cara Spencer, Michael Browning, Shameem ClarkHubbard, Sharon Tyus, Pamela Boyd, Rasheen Aldridge, President Megan E Green
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
-
07/12/2024
First Reading
Bill text was introduced (4.79 MB PDF).
07/12/2024Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
09/17/2024Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
09/20/2024Second Reading
09/27/2024Perfection
The bill was passed.
10/04/2024Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
10/04/2024Third Reading
The bill was passed.
10/04/2024Delivered to Mayor
10/11/2024Mayor Returns Bill
The bill was approved.
10/15/2024Delivered to Register
10/25/2024Register Returns Notice with Ordinance Number
Register returns ordinance number 71898. Effective date is 11/11/2024
Topics
Feedback is anonymous.
You are leaving the City of St. Louis website
You should be redirected in a few seconds. If this fails, here's the link: