Number
230234
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving First Amendment to the Project Plan for Tax Incremental Financing District No. 57 (Menomonee Valley - East Project), in the 4th Aldermanic District.
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 amendments thereto; and
Whereas, The First Amendment to the Project Plan for Tax Incremental Financing District No. 57 (Menomonee Valley- East Project) (the “District”) has been prepared and duly noticed; and
Whereas, On March 16, 2023 the Redevelopment Authority conducted the required public hearing on the proposed First Amendment to Project Plan for the District; now, therefore, be it
Resolved, By the Redevelopment Authority of the City of Milwaukee that the First Amendment to the Project Plan for the District, a copy of which was submitted to the Journal of Proceedings, is approved and adopted; and, be it
Further Resolved, That the Executive Director is directed to transmit copies of this resolution and the First Amendment to the Common Council for its approval; and, be it
Further Resolved, That the officers of the Redevelopment Authority are authorized to take such further action and to execute any documents and instruments necessary to implement the First Amendment to the District.
Requestor
Drafter
David Misky
May 31,2023