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R2006-72 PLACING ON FILE REDEVELOPMENT AGREEMENT
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R2006-72 PLACING ON FILE REDEVELOPMENT AGREEMENT
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Last modified
11/3/2015 11:27:50 AM
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11/3/2015 11:27:48 AM
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Resolution/Ordinance
Res Ord Num
R2006-72
Res Ord Title
PLACING ON FILE REDEVELOPMENT AGREEMENT WITH OLDE TOWNE LLC - 253 NORTH MAIN STREET
Approved Date
5/15/2006
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EX��BIT A <br /> DEVELOPMENT PROJECT <br /> A. GENERAL NARRATIVE DESCRIPTION OF DEVELOPMENT PROJECT: <br /> Rehabilitation of existing structure to include the addition of two (2)residential dwelling <br /> units and reha.bilita.tion of entire Main Street fa�ade. <br /> (1) Construction(including Renovation,Repair& <br /> Remodeling) <br /> a. Estimated costs $ 350,000 <br /> b. Estimated Eligible <br /> Redevelopment Project Costs $ 65,000 <br /> c. Attach site plans or elevations <br /> (2) Anticipated Incremental Real Estate Taxes <br /> a. Real Estate Ta�ces(annual) $ 7,500 <br /> b. City Sales Taxes(annual) $ -p- <br /> c. Sta.te Sales Taxes(annual) $ -p- <br /> (3) Jobs Created or Retained(fulI-time <br /> equivalents) <br /> Construction: 3 <br /> Operational: 1 <br /> B. TIlVIETABLE/MII,ESTONES <br /> Commence Construction June l,2006 <br /> Complete Construction <br /> Facade Renovations June 1,2007 <br /> Residential Occupancy* June l,2008 <br />
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