City of Milwaukee - File #: 231292

• File #: 231292
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 12/12/2023
• In control: COMMON COUNCIL
• Final action: 1/17/2024
• Title: Resolution approving Amendment No. 1 to the Project Plan for Tax Incremental District No. 94, (1st and Becher), in the 14th Aldermanic District.
• Sponsors: ALD. DIMITRIJEVIC, ALD. PEREZ, ALD. ZAMARRIPA
• Indexes: TAX INCREMENTAL DISTRICTS

Date	Ver.	Action By	Action	Result	Tally
1/22/2024	1	MAYOR	SIGNED
1/17/2024	1	COMMON COUNCIL	ADOPTED	Pass	15:0
1/9/2024	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Alyssa Remington, Dept. of City Development Pres. Jose Perez, Common Council & 12th Ald. Dist. Ms. Remington gave a presentation. Ald. Zamarripa added as a cosponsor. Public testimony in support and with feedback: Stephanie Mercado Dylan Shanahan Travis Hope	Pass	5:0
1/2/2024	1	CITY CLERK	DRAFT SUBMITTED
12/12/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
231292
Version
SUBSTITUTE 1
Reference
180884

Sponsor
ALD. DIMITRIJEVIC, PEREZ AND ZAMARRIPA

Title
Resolution approving Amendment No. 1 to the Project Plan for Tax Incremental District No. 94, (1st and Becher), in the 14th Aldermanic District.

Analysis
This resolution approves Amendment No. 1 to TID No. 94, 1st and Becher, authorizes the expenditure of $2,752,000 in additional project funding for public infrastructure, the construction of a skate park and the painting of 12 freeway pillars.

Body
Whereas, The Common Council of the City of Milwaukee (“Common Council”) adopted File No. 180884, on December 18, 2018 which approved a Project Plan and created Tax Incremental District No. 94, 1st and Becher (“TID No. 94” or “District”); and

Whereas, Pursuant to Section 66.1105(4)(h)(1), Wisconsin Statutes, on December 21, 2023, the Redevelopment Authority of the City of Milwaukee (“Authority”) conducted a public hearing on Amendment No. 1 to the Project Plan for the District (“Amendment”), approved such Amendment by resolution and submitted such Amendment, a copy of which is attached to this Common Council File, to the Common Council for its approval; and

Whereas, Section 66.1105(4)(g) and (h)(1), Wisconsin Statutes, provides that an amendment to a Project Plan shall be approved by the Common Council with the adoption of a resolution, which contains findings that such amendment is feasible and in conformity with the Master Plan of the City of Milwaukee (“City”); and

Whereas, The City, the Authority and CORE El-Centro will negotiate a Grant Agreement (“Grant Agreement”), which will allow the City to fund a maximum of $52,000 toward the painting of 12 pillars supporting the freeway overpass along South 4th Street; and

Whereas, The Amendment will fund public infrastructure improvements within one-half mile of the District’s boundaries and the construction of a public skate park within one half-mile of the District’s boundaries and the administratio...