Number
091138Version
SUBSTITUTE 2
Reference
090239
Sponsor
Ald. Hines, Murphy, Bauman, Wade and Puente
Title
Substitute resolution directing the Superintendent of the Milwaukee Water Works to request that the Public Service Commission of Wisconsin establish a reduced water rate for water-intensive businesses that relocate to or expand within the city of Milwaukee and meet specific job creation and water use criteria.
Analysis
This resolution directs the Milwaukee Water Works to request that the Public Service Commission of Wisconsin establish a reduced water rate for water-intensive businesses that relocate to or expand within the City of Milwaukee and meet specific job creation and water use criteria.
Body
Whereas, Under Common Council File Number 090239 the Superintendent of the Milwaukee Water Works submitted an application for a water rate increase to the Public Service Commission of Wisconsin; and
Whereas, The Common Council and Mayor desire to have in place a reduced water rate that would attract water-intensive businesses bringing new jobs to the City of Milwaukee, and that would encourage existing water-intensive businesses to expand water use and add new jobs within the City of Milwaukee, provided such jobs meet the “living wage” standard as defined by Section 310-13, Milwaukee Code of Ordinances; and
Whereas, The City encourages economic development and job creation through various incentives and programs, including Tax Incremental Districts and the Development Fund, and now desires to expand potential incentives to include reduced water rates; and
Whereas, Reduced water rates have been informally referred to as a “Water Attracting Valued Employers” rates, or a “WAVE” rates; and
Whereas, A WAVE rate could result in long-term benefit to the taxpayers of the City of Milwaukee by adding tax base and creating jobs and to the ratepayers of the Milwaukee Water Works by absorbing some of the available excess capacity and mitigating cos...
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