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R2002-167A PLACING ON FILE REDEVELOPMENT AGREEMENT
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R2002-167A PLACING ON FILE REDEVELOPMENT AGREEMENT
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Last modified
1/14/2016 3:32:11 PM
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1/14/2016 3:32:10 PM
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Resolution/Ordinance
Res Ord Num
R2002-167A
Res Ord Title
PLACING ON FILE REDEVELOPMENT AGREEMENT WITH LUCAS PROPERTIES - 135 EAST PRAIRIE
Approved Date
9/16/2002
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EXHIBIT A <br /> DEVELOPMENT PROJECT <br /> A. GENERAL NARRATIVE DESCRIPTION OF DEVELOPMENT PROJECT: <br /> Restore/rehabilitate existin buildin to four 4 a artment units and first floor <br /> g g � ) P <br /> commercial space. <br /> Public Improvements/Infrastructure: <br /> (1) Construction(including Renovation,Repair& <br /> Remodeling) <br /> a. Estimated costs $400,000. <br /> b. Estimated Eligible <br /> Redevelopment Project Costs $ 82,500. <br /> c. Attach site plans or elevations <br /> (2) Anticipated Incremental Real Estate Taxes <br /> a. Real Estate Taxes (annual) $ 10,619. <br /> b. City Sales Taxes (annual) $ -0- <br /> c. State Sales Taxes (annual) $ -0- <br /> (3) Jobs Created or Retained (full-time <br /> equivalents) <br /> Construction: 22 <br /> Operational: 20 <br /> 11 <br />
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