[Ord. of 6-22-1970, § 1]
The City Redevelopment Agency may use tax credits instead of
actual payments which are due in lieu of taxes to the City on all
property acquired by such Agency, in accordance with any redevelopment
or urban renewal plan, to the extent that such payments qualify as
part of the gross project cost as provided by the Federal Housing
Act of 1949, as amended.
[Ord. of 6-18-1985, §§ 1, 2]
(a)
When the Board of Aldermen receives notice that the Planning and
Zoning Board has approved of the proposed sale of City property or
the proposed abandonment of City streets, the Board of Aldermen shall
cause to notify in writing all property owners within 200 feet of
the City property or street in question of the City's consideration
of sale of said property or abandonment of said street and to notify
them of the time and place that the issue will be considered by the
Board of Aldermen.
(b)
Said notices shall be made by mail, postage prepaid, at least 10
days prior to the date of the aldermanic meeting at which these issues
will be discussed.
