Number
161548
Version
ORIGINAL
Reference
120737
Sponsor
ALD. COGGS AND HAMILTON
Title
An ordinance relating to the provision of city financial assistance to for-profit institutions of higher education or to developers of projects that include for-profit institutions of higher education.
Section
304-97-2 am
Analysis
This ordinance amends the code to require for-profit institutions of higher education and developers of projects that include for-profit institutions of higher education to meet the U.S. Department of Education financial aid regulations in force on January 1, 2017.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. s. 304-97-2 of the code is amended to read:
304-97. City Financial Assistance to For-Profit Institutions of Higher Education.
2. LIMITATION ON ASSISTANCE. No city direct financial assistance shall be provided to any for-profit institution of higher education, including any for-profit college, university or institute and any proprietary institution of higher education as defined in 34 CFR s. 600.5 >>on January 1, 2017<<, or to any developer of a project that will include selling or leasing real estate to, or constructing a facility for, a for-profit institution of higher education, unless the following criteria are met:
a. For a for-profit institution of higher education seeking city direct financial assistance, the institution shall certify to the department of city development that it, and any other institution owned and operated by the same company as the applicant institution, is in compliance with all applicable U.S. department of education regulations set forth in 34 CFR 600 >>on January 1, 2017<<. The institution shall further certify that it, and any other institution owned and operated by the same company, has not, during the previous 3 years, been found in violation of any provision of 34 CFR 668 >>as the regulation was written on January 1, 2017<<.
b. For a developer seeking city direct financial assistance for a project that will include selling or leasing real estate to a for-profit institution of higher education, the developer shall certify to the department of city development that the institution, and any other institution owned and operated by the same company as the institution buying or leasing the real estate, is in compliance with all applicable U.S. department of education regulations set forth in 34 CFR 600 >>on January 1, 2017<<, and has not, during the previous 3 years, been found in violation of any provision of 34 CFR 668 >>as the regulation was written on January 1, 2017<<.
LRB
APPROVED AS TO FORM
____________________________
Legislative Reference Bureau
Date: ______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ______________________
Requestor
Drafter
LRB 167448-1
Tea Norfolk
02/09/2017