Number
251084
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to application, acceptance, and funding of a Wisconsin Economic Development Corporation, Idle Industrial Sites Redevelopment Program grant for the development project located at 3700 W. Juneau Avenue, in the City of Milwaukee.
Analysis
Body
Whereas, The City of Milwaukee’s Near West Side Area Plan recommends maintaining industrial zoning in the area and to prioritize rehabilitation of existing buildings; and
Whereas, the Redevelopment Authority is eligible for grant funds from WEDC for implementation of redevelopment plans for large industrial sites that have been idle, abandoned, or underutilized for at least five years; and
Whereas, the Redevelopment Authority recognizes that the remediation and redevelopment of idle industrial sites is an important part of protecting Wisconsin’s resources and encouraging economic development in Milwaukee; and
Whereas, the Redevelopment Authority would request a grant amount of up to $250,000 from the Grantor for grant eligible activities at 3700 W. Juneau Avenue, with a match that will come from eligible costs provided by the owner; and
Whereas, the Redevelopment Authority would administer this grant program and would ensure proper staff would maintain records documenting all expenditures and submit reports as required by the grantor; and
Whereas, the benefits to the City from this Grant program appear to exceed the Authority’s share of costs and other obligations to be incurred under this program; now, therefore, be it
Resolved, By the Redevelopment Authority of the City of Milwaukee that application, implementation and acceptance of said Grant from the WEDC by the Assistant Executive Director under the terms specified above, is authorized.
Requestor
Drafter
David Misky October 17, 2025