Number
081460
Version
SUBSTITUTE 2
Reference
Sponsor
ALD. DAVIS, WADE AND WITKOWIAK
Title
Substitute resolution appropriating $40,000 from the 2009 Economic Development Committee Fund to various business groups for economic development and job creation activities.
Analysis
This resolution appropriates $40,000 from the 2009 Economic Development Committee Special Purpose Account to the following organizations for economic development and job creation activities:
$20,000 to the African-American Chamber of Commerce of Greater Milwaukee.
$10,000 to the Hispanic Chamber of Commerce.
$10,000 to the Hmong Chamber of Commerce.
Body
Whereas, The Economic Development Committee Fund is used for promoting the City’s economic development programs and job creation activities; and
Whereas, The African-American Chamber of Commerce of Greater Milwaukee, the Hispanic Chamber of Commerce and the Hmong Chamber of Commerce play a vital role in supporting the City’s economic development and job creation activities by providing crucial technical services for capacity growth to their members; and
Whereas, Discussions with these 3 organizations have been ongoing and have concentrated on economic development and job creation among those sectors of the communities that the organizations service; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $40,000 is appropriated from the 2009 Economic Development Committee Fund Special Purpose Account, 0001-1300-S123-006300, to the following organizations to support economic development and job creation activities by providing crucial technical services for capacity growth to their members:
$20,000 to the African-American Chamber of Commerce of Greater Milwaukee.
$10,000 to the Hispanic Chamber of Commerce.
$10,000 to the Hmong Chamber of Commerce.
; and, be it
Further Resolved, That the funds appropriated to these organizations shall not be used for staffing purposes; and, be it
Further Resolved, That each of these organizations shall submit a report to the Common Council by December 31, 2009, evaluating the effectiveness of its economic development and job creation activities for capacity growth; and, be it
Further Resolved, That the appropriate City officials are directed to negotiate and enter into an agreement with each of these organizations for the purpose of accepting City funds to be used for economic development and job creation activities by providing crucial technical services for capacity growth to their members.
Requestor
Drafter
LRB09055-3
TWM:sd
4/6/2009