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File #: 041529    Version:
Type: Resolution Status: Passed
File created: 2/22/2005 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 3/16/2005
Effective date:    
Title: Substitute resolution authorizing the transfer and expenditure of $12,500 from the Neighborhood Commercial District Street Improvement Fund for the East North Avenue Commercial District Enhancement Project, in the 3rd Aldermanic District.
Sponsors: ALD. D'AMATO
Indexes: CAPITAL IMPROVEMENTS, ECONOMIC DEVELOPMENT, STREET IMPROVEMENTS
Attachments: 1. Fiscal Note.pdf, 2. Fiscal Analysis.pdf
Number
041529
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. D'AMATO
Title
Substitute resolution authorizing the transfer and expenditure of $12,500 from the Neighborhood Commercial District Street Improvement Fund for the East North Avenue Commercial District Enhancement Project, in the 3rd Aldermanic District.
Analysis
This substitute resolution approves the expenditure of $12,500 for the East North Avenue Commercial District Enhancement Project. The phase II street enhancements will include additional trash receptacles and other street amenities.
Body
Whereas, The Capital Budget for the City of Milwaukee (“City”) contains $12,500 in the Neighborhood Commercial District Street Improvement Fund; and

Whereas, The City has an ongoing commitment to the revitalization of neighborhood commercial districts; and

Whereas, The Common Council of the City of Milwaukee on September 23, 1997, by File No. 970779, created Business Improvement District No. 20 (East North Avenue) and approved its first year Operating Plan; and

Whereas, Business Improvement District No. 20 has worked collaboratively with area business owners to market and promote the commercial district; and

Whereas, These public way improvements will greatly enhance the East North Avenue Commercial District; and

Whereas, Business Improvement District No. 20 has identified project funds which match the amount of City funds for this project; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the proper City officials are authorized and directed to transfer $12,500 from the Neighborhood Commercial District Street Improvement Fund to the East North Avenue Commercial District Enhancement Project Account No. STO4083500; and, be it

Further Resolved, That the City Comptroller, in conjunction with the Commissioner of the Department of City Development, is authorized and directed to establish any and all subaccounts and follow the City guidelines...

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