NUMB:
970778
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution creating Business Improvement District No. 19 (Villard Avenue) and approving its first year Operating Plan. (Department of City Development)
ANLS:
- Analysis -
This resolution establishes a Business Improvement District ("BID"), pursuant to Wisconsin Statutes, for the Villard Avenue business area in the 1st and 9th Aldermanic Districts. The BID includes commercial properties on West Villard Avenue between North 29th and North 42nd Streets. This resolution adopts a first year Operating Plan and budget for the BID, creates a District Board, and authorizes special assessments totaling $74,100 on taxable properties in the BID.
BODY:
Whereas, The Villard Avenue business area is a vital and integral part of the City of Milwaukee ("City"); and
Whereas, A Business Improvement District ("BID") as authorized by Section 66.608, Wisconsin Statutes, provides a financing mechanism to allow the Villard Avenue business district to become self-sustaining; and
Whereas, Several property owners in the proposed BID have submitted petitions requesting the City to establish a BID in the area; and
Whereas, An initial Operating Plan has been prepared which describes proposed activities within the District and which complies in all respects with applicable Wisconsin Statutes; and
Whereas, Said Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that Business Improvement District No. 19 (Villard Avenue) and the associated District Board are hereby created; and, be it
Further Resolved, That the initial Operating Plan for BID No. 19 (Villard Avenue), a copy of which is attached to this Common Council File, is hereby adopted; and, be it
Further Resolved, That the City Treasurer, City Comptroller, and other affected departments are hereby authorized and directed to collect and disburse the BID No. 19 assessments in accordance with the Operating Plan; and, be it
Further Resolved, That all City officials, departments, boards and commissions be and hereby are authorized and directed to take all actions and provide such assistance needed to carry out the intent and purpose of this resolution and the adopted Operating Plan for BID No. 19.
ZDPT:
DFTR:
DCD/BOC/boc
08/25/97/A
08/25/97/A
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