City of Milwaukee - File #: 091465

• File #: 091465
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 3/2/2010
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 3/24/2010
• Title: Resolution amending Common Council File Number 081332 relative to the application, acceptance and funding of the Wisconsin Department of Commerce, Division of Housing and Community Development Neighborhood Stabilization Program.
• Sponsors: THE CHAIR
• Indexes: COMMUNITY BLOCK GRANT ADMINISTRATION, COMMUNITY DEVELOPMENT BLOCK GRANT, DEMOLITIONS, HOUSING

Date	Ver.	Action By	Action	Result	Tally
4/6/2010	0	MAYOR	SIGNED
3/24/2010	0	COMMON COUNCIL	ADOPTED	Pass	14:0
3/11/2010	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individual appearing: Steven Mahan, Community Development Grants Administration	Pass	3:0
3/8/2010	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/2/2010	0	COMMON COUNCIL	ASSIGNED TO

Number
091465
Version
ORIGINAL
Reference
081332
Sponsor
THE CHAIR
Title
Resolution amending Common Council File Number 081332 relative to the application, acceptance and funding of the Wisconsin Department of Commerce, Division of Housing and Community Development Neighborhood Stabilization Program.
Analysis
This resolution amends Common Council File number 081332 relative to the Wisconsin Department of Commerce Neighborhood Stabilization Program (NSP) funding to add an additional award of $1,997,556 for the Milwaukee Consortium.
Body
Whereas, The Common Council File number 081332 authorizes the Community Development Grants Administration to apply, accept and fund the City of Milwaukee Neighborhood Stabilization Program from the Wisconsin Department of Commerce; and

Whereas, The City of Milwaukee was initially awarded the amount of $1,461,792 from the Wisconsin Department of Commerce for the Neighborhood Stabilization Program (NSP) for specific activities related only to the City of Milwaukee; and

Whereas, The City of Milwaukee has entered into a consortium agreement with the City of Cudahy, the City of West Allis, and Milwaukee County to serve as the Managing member conducting consortium activities for the additional award of Neighborhood Stabilization Program funds; and

Whereas, The additional award of $1,997,556 will be distributed among the members of the Milwaukee Consortium; and

Whereas, All entities have agreed with the consortium arrangements as noted in the attached agreements. The consortium members met on February 23, 2010 and have agreed to the distribution of the funding award in the amount of $1,997,556 as noted in Attachment A; and

Whereas, The operation will continue through February 28, 2013 and would cost $3,459,348 of which $3,459,348 would be provided by the grantor; and

Whereas, The Grantor share for this program has increased from $1,461,792 to $3,459,348. Total cost of the program increased by $1,997,556; now therefore...