City of Milwaukee - File #: 971894

• File #: 971894
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 3/20/1998
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 6/16/1998
• Title: Resolution approving a Project Plan and creating Tax Incremental District Number Thirty-Seven (Grand Avenue) in the 4th Aldermanic District. (Department of City Development)
• Sponsors: THE CHAIR
• Indexes: PLANNING, TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
6/17/1998	0	MAYOR	SIGNED
6/16/1998	0	COMMON COUNCIL	ADOPTED	Pass	17:0
6/15/1998	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
6/9/1998	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	4:0
4/27/1998	0	CITY CLERK	PUBLISHED; Minutes note: This file is being published 4/27/98 and 5/4/98 for a CPC Meeting on 5/11/98
3/20/1998	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
3/20/1998	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
971894
VERS:
ORIGINAL
REF:

XXBY:
THE CHAIR
TITL:
Resolution approving a Project Plan and creating Tax Incremental District Number Thirty-Seven (Grand Avenue) in the 4th Aldermanic District. (Department of City Development)
ANLS:
- Analysis -

Adoption of this resolution will fulfill statutory requirements for approving a Project Plan and creating a Tax Incremental District to fund the redevelopment of the area bounded by the Milwaukee River, West Michigan Street, North 5th Street and West Wisconsin Avenue, including a block bounded by North Plankinton Avenue, West Clybourn Street, North 2nd Street and West Michigan Street. This resolution authorizes the Commissioner of the Department of City Development, other public officials, and the Redevelopment Authority of the City of Milwaukee to take such actions as are necessary to accomplish the objectives of the Project Plan and also authorizes the City Comptroller to create the necessary and appropriate Subaccounts for Plan implementation.
BODY:
Whereas, Chapter 105 of the Laws of 1975, of the State of Wisconsin with amendments from other chapters of said Laws, created Section 66.46, Wisconsin Statutes, titled "Tax Increment Law"; and

Whereas, Subsection ("ss") 66.46(4) of said Law sets forth certain criteria which must be followed by the Common Council of the City of Milwaukee ("Common Council") and the City Plan Commission to approve a Project Plan ("Plan") for a Tax Incremental District; and

Whereas, Tax Incremental District Number Thirty-Six, City of Milwaukee (Granville Park), was the last previously approved District created by the Common Council; and

Whereas, Pursuant to ss 66.46(4)(a) through (gm), Wisconsin Statutes, requiring Plan preparation, notice, public hearing and Plan adoption, the City Plan Commission designated the boundaries of a Tax Incremental District (the "District") in that section of the City of Milwaukee bounded generally by the Milwaukee River, West...