Number
240842
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving the 2025 Redevelopment Authority of the City of Milwaukee Operating Budget.
Analysis
Body
Whereas, The Redevelopment Authority of the City of Milwaukee (RACM) funds its redevelopment efforts and administrative activities from the RACM General Fund, City of Milwaukee operating and capital funds, CDBG program grants and outside direct grants to the Redevelopment Authority; and
Whereas, The Executive Director has presented a budget for Fiscal Year 2025 that outlines redevelopment activities and administrative matters; now, therefore be it
Resolved, By the Redevelopment Authority of the City of Milwaukee that the Fiscal Year 2025 RACM Operating Budget is approved; and, be it
Further Resolved, That the proper officials of the Authority are authorized and directed to enter into any contracts and agreements necessary to implement the 2025 RACM Operating Budget activities.
Requestor
Drafter
David Misky September 20, 2024