Number
020830
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. HINES
Title
Substitute resolution creating Business Improvement District No. 28 (West North Avenue Gateway District) and approving its first year Operating Plan.
Analysis
This substitute resolution establishes a Business Improvement District pursuant to Wisconsin Statutes for West North Avenue between North 27th Street and North Sherman Boulevard in the 17th Aldermanic District. This substitute resolution also adopts a first year Operating Plan and budget for the BID, creates a District Board and authorizes special assessments totaling $21,362 on taxable properties in the BID.
Body
Whereas, The West North Avenue business district is a vital and integral part of the City of Milwaukee ("City"); and
Whereas, A Business Improvement District ("BID") as authorized by Section 66.1109, Wisconsin Statutes, provides a financing method to allow the West North Avenue business district to become self-sustaining; and
Whereas, Several property owners in the proposed BID have submitted petitions requesting the City to establish a BID in the area; and
Whereas, An initial Operating Plan has been prepared which describes proposed activities within the District and which is in accordance with applicable Wisconsin Statutes; and
Whereas, Said Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that Business Improvement District No. 28 (West North Avenue Gateway District) and the associated District Board are created; and, be it
Further Resolved, That the initial Operating Plan for BID No. 28, a copy of which is attached to this Common Council File, is adopted; and, be it
Further Resolved, That the City Treasurer, City Comptroller and other affected departments are authorized and directed to collect and disburse BID No. 28 assessments in accordance with the ...
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