The Planning, Zoning and Economic Development Committee unanimously recommended that the full council approve a multifaceted public incentive plan to help the private developers on the project.
A $146 million redevelopment project was proposed for a building that’s been vacant for eight years. The committee sent the ordinance for final council consideration on Thursday with an “advance and do pass” recommendation.
Language in the ordinance includes an accelerated effective date, according to council member Katheryn Shields, which means it cannot be subject to a referendum petition.
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