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City staff previews certification request for 'Baby Veil Village' redevelopment after finding majority-abandoned structure
Summary
City presenter Sanfonduras said the 'Baby Veil Village' redevelopment is an $18.4 million investment and that $10.25 million of expenditures qualify under the abandoned-building statute; staff will seek formal certification at a future public meeting to enable developer credits.
Mr. Sanfonduras briefed the council on a proposed redevelopment known in the presentation as "Baby Veil Village," describing it as an $18,400,000 capital reinvestment and saying the project appears to meet statutory standards for abandoned-building certification. "Greatfully, it's undergoing a $18,400,000 new capital investment to completely reimagine it," he said, and added that "Dollars 10,250,000.00 are clearly qualified expenditures under the statute or certification for abandoned building…
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