Number
040779
Version
SUBSTITUTE 1
Reference
040732
Sponsor
ALD. DAVIS
Title
Substitute resolution appropriating Community Development Block Grant funds for a study of the potential economic impacts of development of a major entertainment facility at the Dairyland Greyhound Park site in Kenosha.
Analysis
This resolution appropriates $10,000 from the Community Development Block Grant Contingency Account to pay a portion of the costs of a study of the economic impacts on the Milwaukee area of an $808 million entertainment facility proposed for development at the site of the Dairyland Greyhound Park in Kenosha. The study will be conducted by economist Michael K. Evans, Ph.D.
This appropriation is contingent upon the balance of the funds needed to pay for the study being committed by one or more of the following organizations: the Greater Milwaukee Committee, the Hispanic Chamber of Commerce, the Greater Milwaukee Convention and Visitors Bureau, the Metropolitan Milwaukee Association of Commerce, the American Indian Chamber of Commerce of Wisconsin, the Milwaukee chapter of the NAACP and the Milwaukee Urban League.
Body
Whereas, In June, 2004, the Menominee Indian Tribe of Wisconsin submitted plans to Kenosha city and county governments for an $808 million entertainment facility to be developed at the site of Dairyland Greyhound Park on the western edge of Kenosha; and
Whereas, Construction and operation of the new facility also requires the approval of the State of Wisconsin and the federal Bureau of Indian Affairs; and
Whereas, The proposed development would include a gaming facility, a 5,000-seat theater, restaurants, bars and a 400-room hotel; and
Whereas, Once all approvals are received, the developers plan to begin construction of the Kenosha facility in spring 2006, with completion of the project expected by summer 2009; and
Whereas, On November 2, 2004, Kenosha County residents will have an opportunity to vote on a n...
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