Number
241397
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving a Seventh Amendment to the Project Plan for Tax Incremental Financing District No. 56 (Erie Jefferson).
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 Seventh Amendment to the Project Plan (“Seventh Amendment”) for Tax Incremental Financing District No. 56 (Erie Jefferson) (the “District”), have been prepared and duly noticed; and
Whereas, the Seventh 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 Seventh Amendment to the District; now, therefore, be it
Resolved, By the Redevelopment Authority of the City of Milwaukee that the Seventh 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 Seventh 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 Seventh Amendment to the District.
Requestor
Drafter
David Misky December 20, 2024