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Final push to save 401 Georgia St. building proposed

Posted on Tuesday, July 18, 2017 at 3:00 pm

A final push to save a crumbling structure in Louisiana has been made.
The group attempting to save the building at 401 Georgia St. has submitted a formal proposal for stabilization and rehab construction.
The group, Save Our Streetscape (S.O.S.) submitted the proposal late Monday, July 10, to City Administrator Kelly Henderson.
S.O.S. is in partnership with the Louisiana Industrial Development Commission (LIDC) in order to use their tax exempt status.
LIDC is a comission that has been around since the late 1990s and is only active for property re-development and tax abatements under state statute 353, according to Henderson.
The groups propose that the city transfer the deed of the building over to the LIDC with no claw back or reverse clauses, then enter into a construction contract with Jay Thomas Construction, according to the proposal.

The building at 401 Georgia St. has one last ray of hope in the form of a proposal from Save Our Streetscapes, a group of local residents who are fighting for preservation.

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