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File #: 090285    Version: 0
Type: Communication-Report Status: Placed On File
File created: 6/16/2009 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 7/7/2009
Effective date:    
Title: Communication relating to the Annual Financial Report of the Milwaukee Economic Development Corporation.
Sponsors: THE CHAIR
Indexes: ECONOMIC DEVELOPMENT, REPORTS AND STUDIES
Attachments: 1. Annual Financial Report, 2. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
7/7/20090 COMMON COUNCIL PLACED ON FILEPass15:0 Action details Meeting details Not available
6/29/20090 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Individual appearing: Patrick Walsh, President, Milwaukee Economic Development Corporation MEDC was awarded fifty million dollars in new market tax credits to distribute in the community. Mr. Walsh says that MEDC remains strong and stable in this economy and it is currently managing 250 loans. Mr. Walsh says that the default rate on the loans provided is on par with those of regular banks.
Pass5:0 Action details Meeting details Not available
6/26/20090 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
6/16/20090 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

090285

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Communication relating to the Annual Financial Report of the Milwaukee Economic Development Corporation.

 

Requestor

 

Drafter

CC

tb

6/24/09