Number
051278
Version
Substitute 1
Reference
050947
Sponsor
ALD. HINES
Title
Substitute resolution approving the Redevelopment Plan for the North 20th and West Brown Streets Redevelopment Project Area (formerly titled the North 20th and West Lloyd Streets Redevelopment Project Area).
Analysis
Adoption of this substitute resolution by at least a two-thirds vote of the Common Council will approve the Redevelopment Plan for the above-identified Project Area. Such approval is a prerequisite for exercising the powers granted to the Redevelopment Authority under Wisconsin law for certification and implementation of the Redevelopment Plan following adoption of this resolution.
Body
Whereas, The redevelopment of the North 20th and West Brown Streets Redevelopment Project Area (“Project Area”) is a catalytic project included in the Fond du Lac and North Comprehensive Plan, an element of the City of Milwaukee’s (“City”) Comprehensive Plan; and
Whereas, The redevelopment project for the North 20th and West Brown Streets Redevelopment Plan (“Plan”) was prepared in partnership with a community-based redevelopment group, Legacy Redevelopment Corporation, with the participation of many neighborhood residents and stakeholders; and
Whereas, The redevelopment project will serve as an economic development vehicle for the Fond du Lac and North Neighborhood; and
Whereas, The redevelopment project proposed for the Plan will include a large-scale residential project as well as mixed-use along Fond du Lac and North Avenues with commercial development at street level; and
Whereas, Via File No. 050947 adopted December 13, 2005, the Common Council of the City of Milwaukee (“Council”) found the above-identified Project Area met the criteria and needs specified in Section 66.1333(4)(b), Wisconsin Statutes, and approved the Project Area boundaries designated by the Redevelopment Authority of the City of Milwaukee (“Authority”) and requested the Authority to prepare a Plan for t...
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