Ordinance 72063

Chapter 99 Redevelopment Plan 5105 Cabanne Ave.

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 5105 Cabanne Ave. Redevelopment Area. The project consists of the renovation of a single-family building in the Academy neighborhood. The prospective redeveloper acquired the property for $56,000 and plans on renovating the building consisting of 4 bedrooms units and 3.5 bathrooms at the cost of $305,000. The redeveloper plans to utilize private funds and historic tax credits 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 75% of the assessed value of the of the incremental improvements.

Overview

Session: 2025-2026

Board Bill Number: 55

Primary Sponsors: Shameem Clark Hubbard

Effective: 01/02/2026

Legislative History

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

  • 07/11/2025

    First Reading

    Bill text was introduced (1.30 MB PDF).

  • 07/11/2025

    Referred to a Committee

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

  • 11/04/2025

    Committee Hearing

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

  • 11/07/2025

    Second Reading

  • 11/14/2025

    Perfection

    The bill was passed.

  • 11/21/2025

    Engrossment

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

  • 11/21/2025

    Third Reading

    The bill was passed.

  • 11/21/2025

    Delivered to Mayor

  • 12/02/2025

    Mayor Returns Bill

    The bill was approved.

  • 12/03/2025

    Delivered to Register

  • 12/08/2025

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 72063. Effective date is 01/02/2026

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