|City of Omaha Public Notices|
CITY PUBLIC NOTICES 9/14/17 09/14/17 9:15:26 AM
“NOTICE OF PUBLIC HEARING ON THE BLACKSTONE CORNER APARTMENTS AND SHOPS TAX INCREMENT FINANCING (TIF) REDEVELOPMENT PROJECT PLAN”
Notice is hereby given that the Omaha City Council has set Tuesday, October 3, 2017 at 2:00 P.M. as the date of Public Hearing on the Resolution approving the Blackstone Corner Apartments and Shops Tax Increment Financing (TIF) Redevelopment Project Plan.
The Project, located at 3608 and 3618 Farnam Street, proposes to convert the entire site into a six-story, 136,000 square foot mixed-use structure with subgrade parking. The first five floors will have 112 market-rate apartment units, with the first floor also containing approximately 12,000 square feet of commercial space. The parking plan anticipates 50 subgrade parking stalls and up to 13 on-street parking stalls.
The Planning Board recommended approval of this Redevelopment Project Plan at the August 2, 2017 public hearing.
The Redevelopment Project Plan recommends the City's participation in the redevelopment of this project site through the allocation of TIF in an amount up to $2,800,000.00. TIF will be used to offset TIF eligible expenses for acquisition, demolition, site work, geopiers, architectural and engineering fees, erosion control, surveying, and any public improvements required, with the developers volunteering $25,000.00 of the TIF proceeds for any additional public improvements and enhancements necessary along the Farnam Street corridor in the Blackstone Business District. The total estimated project costs are $21,747,296.00, but are subject to change as final costs come in.
A copy of said plan is available for public inspection in the City Clerk's Office.
The Public Hearing will be held before the City Council of the City of Omaha on October 3, 2017, in the Legislative Chambers, Omaha/Douglas Civic Center, 1819 Farnam Street, Omaha, Nebraska.
ALL REQUESTS FOR SIGN LANGUAGE INTERPRETERS (SIGNERS) WILL REQUIRE A MINIMUM OF 48 HOURS ADVANCE NOTICE.
IF ALTERNATIVE FORMATS ARE NEEDED, REQUESTS WILL REQUIRE A MINIMUM OF 72 HOURS ADVANCE NOTICE.
PLEASE NOTIFY SHERRI BROWN, (402) 444-5554, IF ARRANGEMENTS NEED TO BE MADE.