City of Milwaukee - File #: 021136

• File #: 021136
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/26/2002
• In control: ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 12/20/2002
• Title: Substitute resolution authorizing and directing a transfer of funds from the Department of City Development's Advance Planning Fund for an economic analysis of industrial land in the City of Milwaukee.
• Sponsors: THE CHAIR
• Indexes: ECONOMIC DEVELOPMENT, INDUSTRIAL DEVELOPMENT, INDUSTRIAL LAND BANKS, PLANNING

Date	Ver.	Action By	Action	Result	Tally
12/23/2002	1	MAYOR	SIGNED
12/20/2002	1	CITY CLERK	DRAFT SUBMITTED
12/20/2002	1	COMMON COUNCIL	ADOPTED; Minutes note: Ald. Hines moved to offer a substitute to File Number 021136, authorizing and directing a transfer of funds from the Department of City Development's Advance Planning Fund for an economic analysis of industrial land in the City of Milwaukee. The substitute resolution adds a "Further Resolved" clause which requires that the Department of City Development present a report to the Common Council on or before December 19, 2003. The motion prevailed. Ald. Hines moved for adoption of File 021136 as substituted. The motion prevailed.	Pass	16:0
12/16/2002	0	ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Mike Maierle-DCD DCD should present report to the Committee when it is finished.	Pass	5:0
12/10/2002	0	ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
12/10/2002	0	ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
12/10/2002	0	ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
11/26/2002	0	COMMON COUNCIL	ASSIGNED TO

Number
021136
Version
SUBSTITUTE 1
Reference

Sponsor
THE CHAIR
Title
Substitute resolution authorizing and directing a transfer of funds from the Department of City Development's Advance Planning Fund for an economic analysis of industrial land in the City of Milwaukee.
Analysis
This substitute resolution transfers $15,000 from the 2002 Advance Planning Fund to a subaccount for the preparation of an economic analysis of industrial land in the City of Milwaukee. The Department of City Development will partner with the Milwaukee Economic Development Corporation to accomplish this project.
Body
Whereas, The Department of City Development prepares analyses of and land use policies for, residential, commercial and industrial development; and

Whereas, The City of Milwaukee ("City") has a limited supply of large, industrially zoned parcels; and

Whereas, Strong interest in converting loft/warehouse facilities to residential and commercial uses continues; and

Whereas, The Milwaukee Economic Development Corporation ("MEDC") is interested in developing a comprehensive understanding of the market dynamics of industrial land, buildings and loft/warehouse space in the City; and

Whereas, An industrial study will evaluate the supply and demand of industrial land, buildings and loft/warehouse space for emerging businesses in the region, examine emerging technology-based companies in other cities, assess the City's competitive position and evaluate the relative fiscal benefits of industrial land versus other land uses; and

Whereas, The results of this analysis will assist the City in guiding public policy decisions regarding industrial land and use of the existing loft/warehouse inventory; and

Whereas, Technical assistance in planning activities has often been provided by outside consultants; and

Whereas, MEDC will contribute $35,000 toward this $50,000 study; now, therefore, be it

Resolved, By the Common Council of the City of Milw...