Number
241101
Version
SUBSTITUTE 1
Reference
170188, 181331, 181332
Sponsor
ALD. BAUMAN
Title
Substitute resolution relating to the transfer of funds from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation capital account.
Analysis
This resolution transfers $300,000 from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation Fund capital account.
Body
Whereas, The Housing Infrastructure Preservation Fund was created in 2010 to provide funds for restoring, rehabilitating or mothballing City-owned properties that have been deemed historic or too valuable to the character of the surrounding neighborhood to demolish, but which are unlikely to be restored by private purchasers; and
Whereas, Since 2011, the City has renovated 60 properties using the Housing infrastructure Preservation Fund; and
Whereas, 56 rehabilitated properties have been sold and returned to the City’s tax rolls producing over $80,000 in annual property tax revenue; and
Whereas, The Concentrated Blight Elimination capital account was created in 2014; and
Whereas, Capital funding in the Concentrated Blight Elimination account is combined with operating funds in the Department of Neighborhood Services and the Department of Public Works to raze and deconstruct structures; and
Whereas, Since 2017, residential demolitions have exceeded residential construction by 258 dwelling units; and
Whereas, Common Council File Number 170188, passed on November 7, 2017, requires the deconstruction of Milwaukee’s older and more historic primary dwelling structures when removal is required; and
Whereas, Common Council File Number 181332, passed on January 14, 2019, set aside $1.2 million in the Concentrated Blight Elimination capital account for the deconstruction of structures in a manner consistent with s. 218.10 of the Milwaukee Code of Ordinances; and
Whereas, Common Council File Number 181331, adopted on January 14, 2019 created a footnote in the Code of Ordinances stating that the enforcement of the code provisions relating to deconstruction of one- to 4-unit residential structures would be stayed until March 1, 2020; and
Whereas, The Common Council has annually adopted ordinances extending the stay of the enforcement of the code provisions relating to deconstruction of one- to 4-unit residential structures; and
Whereas, The most recent stay of enforcement will expire on March 1, 2025; and
Whereas, The majority of funds set aside by Common Council File Number 181332 remain unspent;
Whereas, An amendment to the 2025 Proposed Budget (Amendment 35) that would provide $150,000 for the Housing Infrastructure Preservation Fund capital improvement account and decrease funding for the Concentrated Blight Elimination capital improvement account by $150,000 was heard by the Finance & Personnel Committee on October 31, 2024; and
Whereas, It was suggested that existing funds in the Concentrated Blight Elimination capital improvement account could be transferred to the Housing Infrastructure Preservation Fund to avoid impacting funding in 2025 for the Concentrated Blight Elimination capital account; and
Whereas, Previously budgeted funds cannot be transferred by amendment; and
Whereas, Amendment 35 was withdrawn from consideration at the Common Council’s Budget Adoption meeting on November 8, 2024 in order to properly transfer funds from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation Fund capital account; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $300,000 is transferred from the Concentrated Blight Elimination capital account number 0339 R999 0001 UR053190002 to the Housing Infrastructure Preservation Fund capital account number 0339 9990 R999 UR04820000A; and, be it
Further Resolved, That the City Comptroller and other appropriate City officials are directed to take all actions necessary to fulfill the intent of this resolution.
Requestor
Drafter
LRB 180305-1
Kathleen Brengosz
12/4/2024