City of Milwaukee - File #: 150925

• File #: 150925
• Version: 2
• Type: Resolution
• Status: Placed On File
• File created: 10/13/2015
• In control: COMMON COUNCIL
• Final action: 12/17/2019
• Title: Substitute resolution appropriating $100,000 from the Commercial Investment Program to 4 Seasons Skate Park for economic development purposes, in the 14th Aldermanic District.
• Sponsors: ALD. ZIELINSKI
• Indexes: ECONOMIC DEVELOPMENT, SPORTS ACTIVITIES

Date	Ver.	Action By	Action	Result	Tally
12/17/2019	2	COMMON COUNCIL	PLACED ON FILE	Pass	15:0
12/4/2019	2	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR PLACING ON FILE	Pass	3:0
11/2/2015	2	COMMON COUNCIL	REFERRED TO	Pass	15:0
10/26/2015	1	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	AMENDED; Minutes note: Neil Levin - owner of the Four Seasons Skatepark Jeff Gostowiak - Four Seasons Skatepark Ald. Zielinski moves to make articles part of the record. There were no objections. Ald. Davis would like to see the contract come back before the committee. The sponsor has no objections. Ald. Davis would also like a floor plan prior to Monday's Council meeting. There is an error on the 2nd page - should be Milwaukee City, not Milwaukee County, for the reduced discount of 25%. Ald. Zielinski also moved that the final agreement come before this committee and only the committee would need to approve the agreement. Ken Little - Dept. of City Development - there is a formal application that needs to be completed.	Pass	5:0
10/26/2015	2	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
10/13/2015	0	COMMON COUNCIL	ASSIGNED TO

Number

150925

Version

SUBSTITUTE 2

Reference

Sponsor     

ALD. ZIELINSKI

Title

Substitute resolution appropriating $100,000 from the Commercial Investment Program to 4 Seasons Skate Park for economic development purposes, in the 14^th Aldermanic District.

Analysis

This resolution authorizes the expenditure of $100,000 from the Commercial Investment Program in the form of a forgivable loan to 4 Seasons Skate Park to assist in a development project.

Body

Whereas, The 2014 Capital Budget provided $250,000 for the Commercial Investment Program, Account No. 9990-UR050140100; and

Whereas, This account currently has a balance of $127,381.25; and

Whereas, The 2016 Proposed Budget calls for an additional capital appropriation of $500,000 to the Commercial Investment Program; and

Whereas, The Common Council is committed to the creation and retention of City businesses and jobs; and

Whereas, The mission of 4 Seasons Skate Park is to serve as a safe and drug-free environment where local youth are encouraged to practice their sport, grow as individuals and connect with the community; and

Whereas, 4 Seasons Skate Park has successfully implemented its mission for 15 years in Milwaukee, and is seeking to relocate to a larger facility in the Bay View area; and

Whereas, 4 Seasons Skate Park is proposing to provide a wider range of safe and healthy community- and youth-oriented activities for Milwaukee residents and to attract local, national and international competitions to Milwaukee; and

Whereas, 4 Seasons Skate Park is committed to providing Milwaukee City residents a 25% discount on admission and membership rates; and

Whereas, 4 Seasons Skate Park estimates that relocation of its facility will create 4-6 temporary jobs and 2-4 permanent jobs for Milwaukee residents; and

Whereas, Management and staff of 4 Seasons Skate Park have consistently demonstrated a commitment to growing their business within the City of Milwaukee and a desire to increase their community events and outreach; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is directed to transfer $100,000 from the Commercial Investment Program, Account No. 9990-UR050140100, to the 4 Seasons Skate Park Project to fund a $100,000 forgivable loan to 4 Seasons Skate Park for a development project; and,

Resolved, The agreement shall be approved by the Community and Economic Development Committee, but not the entire Council, prior to its going into effect; and, be it

Further Resolved, That the Commissioner of the City of Development and the City Attorney are directed to negotiate and draft a loan agreement with 4 Seasons Skate Park on behalf of the City of Milwaukee, with the execution not to take place until the agreement has been approved by the Community and Economic Development Committee.

Requestor

Drafter

LRB161248-2

Andrew R. VanNatta

10/19/2015

Technical correction made  - changed discount from Milwaukee County to Milwaukee City - LME 10/27/15

Second Resolve Clause added and Further Resolved clause amended based upon committee action - LME  10/27/15