City of Milwaukee - File #: 070757

• File #: 070757
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 9/5/2007
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 9/25/2007
• Title: Substitute resolution directing the proper city officials to prepare documents necessary for an adjustment to the project plan for Tax Incremental District No. 56 (Erie/Jefferson Street) relating to the intersection of Milwaukee, Young and Menomonee Streets and adjoining properties.
• Sponsors: ALD. BAUMAN
• Indexes: TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
10/4/2007	1	MAYOR	SIGNED
9/25/2007	1	COMMON COUNCIL	ADOPTED	Pass	13:0
9/18/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Jim Scherer - Dept. of City Development Craig Kammholz - Comptroller's Office	Pass	4:0
9/17/2007	1	CITY CLERK	DRAFT SUBMITTED
9/11/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/11/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/5/2007	0	COMMON COUNCIL	ASSIGNED TO

Number

070757

Version

SUBSTITUTE 1

Reference

040639

Sponsor

ALD. BAUMAN

Title

Substitute resolution directing the proper city officials to prepare documents necessary for an adjustment to the project plan for Tax Incremental District No. 56 (Erie/Jefferson Street) relating to the intersection of Milwaukee, Young and Menomonee Streets and adjoining properties.

Analysis

This resolution directs the proper city officials, including the City Attorney, City Comptroller and the Commissioner of City Development, to prepare documents necessary for an adjustment to the project plan for Tax Increment District No. 56 (Erie/Jefferson Street) relating to modifications to the intersections of Milwaukee, Young and Menomonee Streets and adjoining properties. These documents shall include but, but not be limited to, an updated economic feasibility study for Tax Increment District No. 56.

Body

Whereas, On September 23, 2004, the Common Council passed File Number 040639, resolution creating Tax Incremental District No. 56-Erie/Jefferson Street, on the north bank of the Milwaukee River between North Broadway and the Harbor entrance to Lake Michigan; and

Whereas, A proposal has been submitted to amend the district’s project plan relative to modifications to the intersection of Milwaukee, Young and Menomonee Streets and adjoining properties, as attached to the file; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the proper city officials, including but not limited to the City Attorney, the City Comptroller and the Commissioner of City Development, are directed to prepare documents necessary for an adjustment to the project plan for Tax Increment District No. 56 relating to modifications to the intersection of Milwaukee, Young and Menomonee Streets and adjoining properties; and, be it

Further Resolved, That these documents shall include, but not limited to, an updated economic feasibility study for Tax Increment District No. 56; and, be it

Further Resolved, That the documents required by the resolution be submitted to the Common Council within 30 days of the adoption of this resolution.

Requestor

Drafter

LRB07492-2

BJZ/sd

9/17/2007