City of Milwaukee - File #: 001260

• File #: 001260
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 12/15/2000
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 2/27/2001
• Title: Substitute resolution approving Amendment No. 1 to the Project Plan for Tax Incremental District Number Twenty-Four (Riverworks Industrial Center) in the 3rd and 6th Aldermanic Districts.
• Sponsors: CHAIR
• Indexes: PLANNING, TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
3/5/2001	1	MAYOR	SIGNED
2/27/2001	1	COMMON COUNCIL	ADOPTED	Pass	16:0
2/21/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
2/14/2001	1	CITY CLERK	DRAFT SUBMITTED
2/12/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
2/12/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
12/19/2000		ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
12/15/2000	0	COMMON COUNCIL	ASSIGNED TO

Number
001260
Version
SUBSTITUTE 1
Reference
931957
Sponsor
THE CHAIR
Title
Substitute resolution approving Amendment No. 1 to the Project Plan for Tax Incremental District Number Twenty-Four (Riverworks Industrial Center) in the 3rd and 6th Aldermanic Districts.
Analysis
This substitute resolution fulfills statutory requirements for amending the Project Plan for Tax Incremental District Number Twenty-Four. The amendment revises the Project Plan to provide assistance for additional redevelopment in the Riverworks industrial area around East Capitol Drive and North Holton Street. This resolution authorizes the Commissioner of the Department of City Development, other public officials, and the Redevelopment Authority of the City of Milwaukee to take such actions as are necessary to accomplish the objectives of the amended Project Plan and also authorizes the City Comptroller to create the necessary and appropriate Subaccounts for Plan implementation.
Body
Whereas, Section 66.1105(4)(h)1, Wisconsin Statutes, permits the City Plan Commission, subject to the approval of the Common Council, to amend the Project Plan for a Tax Incremental District; and

Whereas, The Common Council of the City of Milwaukee on June 28, 1994 passed File No. 931957 approving a Project Plan and creating Tax Incremental District Number Twenty-Four (Riverworks Industrial Center); and

Whereas, On January 22, 2001, pursuant to Section 66.1105(4)(h)1, Wisconsin Statutes, and following the required notice and public hearing, the City Plan Commission adopted Amendment No. 1 to the Project Plan for Tax Incremental District Number Twenty-Four ("Amendment"), a copy of which is attached to this Common Council File; and

Whereas, The City Plan Commission has submitted the Amendment 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 for a Tax Incremental District shall be a...