Number
071606
Version
SUBSTITUTE 1
Reference
971697
Sponsor
ALD. DAVIS
Title
Substitute resolution authorizing additional funding for the City of Milwaukee’s Citywide Facade Grant Program.
Analysis
This resolution authorizes the Department of City Development to continue to operate the Citywide Facade Grant Program. Specifically, the City Comptroller is directed to transfer $650,000 from the Development Fund Project Account to the Citywide Facade Grant Program Project Account.
Body
Whereas, The Department of City Development (“DCD”) has operated a Facade Grant Program for more than 20 years; and
Whereas, The Program has provided a significant incentive for visible reinvestment in downtown and neighborhood commercial areas; and
Whereas, Program Eligibility Requirements and Design Guidelines were established by the Common Council under File No. 971697 on March 3, 1998 for facade grant activity; and
Whereas, More attractive storefronts makes Milwaukee a more pedestrian-friendly and attractive place for businesses, residents and visitors; and
Whereas, The City of Milwaukee can leverage significant amounts of private investment and improvements to the facades of commercial properties if a Citywide grant program is available to assist property owners or businesses to upgrade their storefronts and principle facades; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is directed to transfer $650,000 from the Development Fund Project Account to the Citywide Facade Grant Program Project Account No. UR03392000; and, be it
Further Resolved, That these funds are designated for citywide facade grant activity under the guidelines established by the Common Council; and, be it
Further Resolved, That the Commissioner of DCD is directed to enter into contracts and agreements necessary to carryout said Program.
Drafter
DCD:RFM:rfm
03/28/08