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File #: 241398    Version: 0
Type: Resolution Status: Passed
File created: 12/20/2024 In control: REDEVELOPMENT AUTHORITY
On agenda: 12/19/2024 Final action:
Effective date:    
Title: Resolution approving a Second Amendment to the Project Plan for Tax Incremental Financing District No. 84 (West McKinley & Juneau).
Sponsors: THE CHAIR
Attachments: 1. 121924-2 TID 84 RACM RSN Signed, 2. 121924-2 Project Plan TID 84 Amend 2
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Number

241398

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution approving a Second Amendment to the Project Plan for Tax Incremental Financing District No. 84 (West McKinley & Juneau). 

 

Analysis

 

Body

Whereas, The Common Council of the City of Milwaukee, pursuant to Sec. 66.1105(3)(f), Wisconsin Statutes, has designated the Redevelopment Authority of the City of Milwaukee (the “Redevelopment Authority”) as the agency responsible for preparation and review of proposed tax incremental districts and amendments thereto; and

 

Whereas, The Second Amendment to the Project Plan (“Second Amendment”) for Tax Incremental Financing District No. 84 (West McKinley & Juneau) (the “District”), have been prepared and duly noticed; and

 

Whereas, the Second Amendment does not change the boundaries of the District; and

 

Whereas, On December 19, 2024 the Redevelopment Authority conducted the required public hearing on the proposed Second Amendment to the District; now, therefore, be it

 

Resolved, By the Redevelopment Authority of the City of Milwaukee that the Second Amendment to the Project Plan, a copy of which was submitted to the Journal of Proceedings, is adopted; and, be it

 

Further Resolved, That the Executive Director is directed to transmit copies of this resolution and the Second Amendment to the District to the Common Council for its approval.

 

Further Resolved, That the officers of the Redevelopment Authority are authorized to execute any documents and instruments necessary to implement the Second Amendment to the District.

 

 

Requestor

 

Drafter

David Misky December 20l, 2024