City of Milwaukee - File #: 090074

• File #: 090074
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/5/2009
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 7/7/2009
• Title: Substitute resolution authorizing an expenditure and approving a Public Improvement Development and Maintenance Agreement for Business Improvement District No. 36, Riverworks II, in the 6th Aldermanic District.
• Sponsors: ALD. COGGS
• Indexes: AGREEMENTS, BUSINESS IMPROVEMENT DISTRICT 36

Date	Ver.	Action By	Action	Result	Tally
7/14/2009	1	MAYOR	SIGNED
7/7/2009	1	COMMON COUNCIL	ADOPTED	Pass	15:0
6/29/2009	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Darryl Johnson, Executive Director of Business Improvement District #36 (Riverworks II) Dwayne Edwards from the Department of City Development Business Team Ald. Coggs, District 6 Alderwoman Devante Ivy, youth employee/summer intern from the Department of City Development Jessica Torres, youth employee/summer intern from the Department of City Development Mr. Johnson says that this is a spin-off of BID #25.	Pass	5:0
6/26/2009	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/3/2009	1	CITY CLERK	DRAFT SUBMITTED
5/5/2009	0	COMMON COUNCIL	ASSIGNED TO

Number

090074

Version

SUBSTITUTE 1

Reference

040878

Sponsor

ALD. COGGS

Title

Substitute resolution authorizing an expenditure and approving a Public Improvement Development and Maintenance Agreement for Business Improvement District No. 36, Riverworks II, in the 6th Aldermanic District.

Analysis

This substitute resolution approves a streetscape improvement project proposed by Business Improvement District No. 36 to enhance the commercial corridor along Holton Street from Keefe to Concordia Avenues.

Body

Whereas, On November 3, 2004, the Common Council of the City of Milwaukee (“Common Council”) created Business Improvement District No. 36 (“BID No. 36”) via File No. 040878 and approved its first year Operating Plan; and

Whereas, The first year Operating Plan for BID No. 36 called for the BID Board to enter into an agreement with the City of Milwaukee (“City”) for the financing, installation and maintenance of a mutually acceptable streetscape improvement project for BID No. 36; and

Whereas, The 2009 Capital Budget for the City contains $140,000 in the Business Improvement District Fund; and

Whereas, A Public Improvement Development and Maintenance Agreement Term Sheet for said streetscaping project, a copy of which is attached to this Common Council File, has been prepared with the participation of the BID No. 36 Board and City departments; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the proper City officials are directed to draft said Agreement, which is consistent with the terms and conditions of said Term Sheet and is mutually acceptable to the City Attorney, the Commissioner of the Department of City Development and BID No. 36; and, be it

Further Resolved, That the City Comptroller is directed to transfer $140,000 from the Business Improvement District Fund Account No. UR0418000A to Project Account No. UR04184100; and, be it

Further Resolved, That the City Comptroller, in conjunction with the Commissioner of the Department of City Development, is directed to establish any and all subaccounts in accordance with accepted accounting practices and the City guidelines necessary to maintain the fiscal control to carry out the intent and purpose of this resolution; and, be it

Further Resolved, That all City officials, departments, boards and commissions are directed to assist and cooperate with said project.

Drafter

DCD:RFM:rfm

06/02/09