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File #: 250598    Version: 0
Type: Resolution Status: Passed
File created: 7/18/2025 In control: REDEVELOPMENT AUTHORITY
On agenda: 7/17/2025 Final action:
Effective date:    
Title: Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 59 (Bronzeville Cultural and Entertainment District).
Sponsors: THE CHAIR
Attachments: 1. 071725-2 TID 59 Bronzeville Amend 1 Project Plan, 2. 071725-2 TID 59 Bronzeville Amend No. 1 RSN Signed
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Number

250598

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 59 (Bronzeville Cultural and Entertainment District). 

 

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 amendments thereto; and

 

Whereas, The First Amendment to the Project Plan for Tax Incremental Financing District No. 59 (Bronzeville Cultural and Entertainment District) (the “District”) has been prepared and duly noticed; and

 

Whereas, On July 17, 2025 the Redevelopment Authority conducted the required public hearing on the proposed First Amendment to Project Plan for the District; now, therefore, be it

 

Resolved, By the Redevelopment Authority of the City of Milwaukee that the First Amendment to the Project Plan for the District, a copy of which was submitted to the Journal of Proceedings, is approved and adopted; and, be it

 

Further Resolved, That the Executive Director is directed to transmit copies of this resolution and the First Amendment to the Common Council for its approval; and, be it

 

Further Resolved, That the officers of the Redevelopment Authority are authorized to take such further action and to execute any documents and instruments necessary to implement the First Amendment to the District.

 

Requestor

 

Drafter

David Misky July 18, 2025