City of Milwaukee - File #: 131165

• File #: 131165
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/26/2013
• In control: COMMON COUNCIL
• Final action: 2/11/2014
• Title: Substitute resolution authorizing the transfer and expenditure of funds from the 2013 Facade Program to a subaccount to support the Citywide Facade Grant, Retail Investment Fund and Citywide White Box Programs.
• Sponsors: ALD. DAVIS
• Indexes: DEPARTMENT OF CITY DEVELOPMENT, GRANTS

Date	Ver.	Action By	Action	Result	Tally
2/12/2014	1	MAYOR	SIGNED
2/11/2014	1	COMMON COUNCIL	ADOPTED	Pass	13:0
2/10/2014	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individual present: Rhonda Manuel - Dept. of City Development	Pass	5:0
2/3/2014	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
1/13/2014	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Individual appearing: Rhonda Manuel, Department of City Development Ald. Zielinski moved to be recorded as voting "aye" for agenda items 1 and 2, CCFN's 131280 and 131089. There were no objections.	Pass	4:0
1/8/2014	1	CITY CLERK	DRAFT SUBMITTED
1/7/2014	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
1/7/2014	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
11/26/2013	0	COMMON COUNCIL	ASSIGNED TO	Fail

Number

131165

Version

SUBSTITUTE 1

Reference

Sponsor

ALD. DAVIS

Title

Substitute resolution authorizing the transfer and expenditure of funds from the 2013 Facade Program to a subaccount to support the Citywide Facade Grant, Retail Investment Fund and Citywide White Box Programs.

Analysis

This substitute resolution transfers $500,000 from the Capital Improvements Facade Program into Subaccount No. 1910-UR050130100 titled "Facade-Retail-White Box/Business Investment" (Parent Account No. 9990-UR05013000A). This subaccount allocation will provide funding to support the Citywide Facade Grant, Retail Investment Fund and Citywide White Box Programs.

Body

Whereas, The Department of City Development ("DCD") has operated the Citywide Facade Grant and Retail Investment Fund Programs ("Programs") for a number of years; and

Whereas, The Citywide White Box Program will provide business incentives to commercial property owners to attract commercial and retail tenants to vacant commercial space; and

Whereas, These Programs will continue to provide significant incentives for visible reinvestment in downtown and neighborhood commercial corridors by providing commercial and retail services while increasing local employment opportunities; and

Whereas, More attractive storefronts make Milwaukee a more pedestrian- friendly and attractive place for businesses, residents and visitors; and

Whereas, The City of Milwaukee ("City") will leverage significant private investment and enhance neighborhood and downtown commercial corridors by providing business development incentives for interior and exterior improvements; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is directed to transfer the amount of $500,000 from the Capital Improvements Facade Program Account No. 9990-UR05013000A to be allocated to the Facade-Retail-White Box/Business Investment Subaccount No. 1910-UR050130100 to be used by DCD to support the Citywide Facade Grant, Retail Investment Fund and Citywide White Box Programs; and, be it

Further Resolved, That the Commissioner of DCD is directed to enter into contracts and agreements, as necessary, to carryout said Programs.

Drafter

DCD:RFM:rfm

01/07/14