City of Milwaukee - File #: 991037

• File #: 991037
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 10/19/1999
• In control: ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 11/9/1999
• Title: Substitute resolution authorizing expenditures from the Neighborhood Commercial District Street Improvement Fund for streetscape improvements, in conjunction with Business Improvement District No. 20, on East North Avenue and various other streets between the Milwaukee River and North Prospect Avenue.
• Sponsors: ALD. D'AMATO
• Indexes: BUSINESS IMPROVEMENT DISTRICT 20, NEIGHBORHOOD DEVELOPMENT, STREET IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
11/18/1999	1	MAYOR	SIGNED
11/9/1999	1	COMMON COUNCIL	ADOPTED	Pass	17:0
11/9/1999	0	ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
10/26/1999	1	CITY CLERK	DRAFT SUBMITTED
10/21/1999	0	ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/19/1999	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
991037
VERS:
SUBSTITUTE 1
REF:
921480
XXBY:
ALD. D'AMATO
TITL:
Substitute resolution authorizing expenditures from the Neighborhood Commercial District Street Improvement Fund for streetscape improvements, in conjunction with Business Improvement District No. 20, on East North Avenue and various other streets between the Milwaukee River and North Prospect Avenue.
ANLS:
- Analysis -

This substitute resolution authorizes the transfer of $500,000 from the Neighborhood Commercial District Street Improvement Fund for streetscaping activities associated with Business Improvement District No. 20.
BODY:
Whereas, The 1999 Capital Budget for the City of Milwaukee ("City") contains $500,000 in the Neighborhood Commercial District Street Improvement Fund; and

Whereas, The purpose of this Capital account is to pay for streetscape improvements such as pedestrian lighting and other public way improvements along commercial streets; and

Whereas, The Common Council of the City of Milwaukee has adopted File No. 921480 which established guidelines for use of the Neighborhood Commercial District Street Improvement Fund; and

Whereas, The proposed project meets these guidelines; and

Whereas, Property owners petitioned for the creation of Business Improvement District No. 20 to raise funds to be used in conjunction with the City's Neighborhood Commercial District Street Improvement Fund; and

Whereas, Said Business Improvement District No. 20 has been approved by the Common Council of the City of Milwaukee; and

Whereas, The private funds will equal or exceed the amount of City funds for this project; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is authorized and directed to transfer the sum of $500,000 from the Neighborhood Commercial District Street Improvement Fund to the appropriate borrowing account and expenditure accounts following the City Attorney's determination as t...