Number
010196
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution creating Business Improvement District No. 27 (West Burleigh Street) and approving its first year Operating Plan. (DCD)
Analysis
This resolution establishes a Business Improvement District, pursuant to Wisconsin Statutes, for West Burleigh Street between North Sherman Boulevard and North 59th Street in the 7th Aldermanic District. This resolution adopts a first year Operating Plan and budget for the BID, creates a District Board, and authorizes special assessments totaling $36,033 on taxable properties in the BID.
Body
Whereas, The West Burleigh Street business district is a vital and integral part of the City of Milwaukee ("City"); and
Whereas, A Business Improvement District ("BID") as authorized by Section 66.1109, Wisconsin Statutes, provides a financing mechanism to allow the West Burleigh Street business district to become self-sustaining; and
Whereas, Several property owners in the proposed BID have submitted petitions requesting the City to establish a BID in the area; and
Whereas, An initial Operating Plan has been prepared which describes proposed activities within the district and which complies in all respects with applicable Wisconsin Statutes; and
Whereas, Said Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that Business Improvement District No. 27 (West Burleigh Street) and the associated District Board are created; and, be it
Further Resolved, That the initial Operating Plan for BID No. 27, a copy of which is attached to this Common Council File, is adopted; and, be it
Further Resolved, That the City Treasurer, City Comptroller, and other affected departments are authorized and directed to collect and disburse the BID No. 27 assessments in accordance with the Operating Plan; and, be it
Further Resolved, That all City officials, departments, boards and commissions are authorized and directed to take all actions and provide such assistance needed to carry out the intent and purpose of this resolution and the adopted Operating Plan for BID No. 27.
Drafter
DCD/BOC/boc
05/30/01/A