Legislation Details

File #: 260929    Version: 0
Type: Resolution Status: Passed
File created: 10/16/2026 In control: REDEVELOPMENT AUTHORITY
On agenda: 10/15/2026 Final action:
Effective date:    
Title: Resolution approving a Fifth Amendment to the Project Plan for Tax Incremental Financing District No. 70 (735 N Water).
Sponsors: THE CHAIR
Attachments: 1. 101526-1 RACM Resolution TID 70 Signed, 2. 101526-1 TID 70 Project Plan Amendment 5 FINAL
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Number

2600929

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution approving a Fifth Amendment to the Project Plan for Tax Incremental Financing District No. 70 (735 N Water).

 

Analysis

 

Body

Whereas, The Common Council of the City of Milwaukee, pursuant to Sec. 66.1105(3)(f), Wisconsin Statutes, has designated the Redevelopment Authority of the City of Milwaukee (the “Redevelopment Authority”) as the agency responsible for preparation and review of proposed tax incremental districts amendments thereto; and

 

Whereas, The Fifth Amendment to the Project Plan for Tax Incremental Financing District No. 70 (735 N Water) (the “District”) has been prepared and duly noticed; and

 

Whereas, On October 15, 2026, the Redevelopment Authority conducted the required public hearing on the proposed Fifth Amendment to Project Plan for the District; now, therefore, be it

 

Resolved, By the Redevelopment Authority of the City of Milwaukee that the Fifth Amendment to the Project Plan for the District, a copy of which was submitted to the Journal of Proceedings, is approved and adopted; and, be it

 

Further Resolved, That the boundaries of the District are not changing; and

 

Further Resolved, That the Executive Director is directed to transmit copies of this resolution and the Fifth Amendment to the Common Council for its approval; and, be it

 

Further Resolved, That the officers of the Redevelopment Authority are authorized to take such further action and to execute any documents and instruments necessary to implement the Fifth Amendment to the District.

 

Requestor

 

Drafter

David Misky October 16, 2026