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CC WORKSESSION 03041997
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CC WORKSESSION 03041997
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)O <br />Amendment of City Redevelopment Plan <br />Page 2 <br />Project Activity <br />Redevelop bowling alley property <br />on Kenzie Terrace (existing) <br />Redevelop St. Anthony Shopping <br />Center area along New Brighton <br />Boulevard and Kenzie Terrace (existing) <br />Redevelop vacant lots by Twin <br />City Federal <br />Redevelop 10 residential lots <br />by Kenzie plus add Kentucky <br />Fried Chicken, pizza, video <br />properties and Firstar lot <br />Redevelop Apache Plaza area <br />Community Center site work <br />Street scape within the City <br />Delete $500,000 for Lowry <br />Grove expenditure because of <br />change in ownership. <br />New expenditure total <br />(existing) <br />(existing) <br />(existing) <br />(existing) <br />(new) <br />Funds That Could Be Authorized <br />$40,000 <br />(down $20,000 from previous plan) <br />$60,000 <br />(up $25,000 from previous plan) <br />$75,000 <br />(up $15,000 from previous plan) <br />$1.3 million <br />(up $500,000 from previous plan) <br />$820,000 <br />(up $520,000 from previous plan) <br />$100,000 <br />(issued bonds) <br />$250,000 <br />$1,533,000 <br />In June, 1995, the City amended their Redevelopment Plan and as a result, the following <br />activities have occurred. <br />Prolect Money Authorized <br />Village Commons, 12 $150,000 <br />value between $160,000 to $180,000 <br />$1.9 million <br />
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