Number
160965
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. MURPHY
Title
A substitute ordinance relating to the recovery rate ratio for assessable improvements to alleys.
Sections
115-43-2-b-1 am
Analysis
This ordinance increases the recovery rate ratio for assessable improvements to alleys from 30% to 50%.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 115-43-2-b-1 of the code is amended to read:
115-43. Recovery Rates for Assessable Improvements.
2. RECOVERY RATES AND RATIOS.
b. Reconstruction.
b-1. Alley: [[30%]] >>50%<<.
LRB
APPROVED AS TO FORM
____________________________
Legislative Reference Bureau
Date: ______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ______________________
Requestor
Drafter
LRB 166913-3
Lanore Hahn
11/07/2016