City of Milwaukee - File #: 241101

• File #: 241101
• Version: 1
• Type: Resolution
• Status: In Committee
• File created: 11/8/2024
• In control: PUBLIC WORKS COMMITTEE
• Title: Substitute resolution relating to the transfer of funds from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation capital account.
• Sponsors: ALD. BAUMAN

Date	Ver.	Action By	Action	Result	Tally
12/10/2024	0	PUBLIC WORKS COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Appearing: Comptroller - Bill Christianson CIty Attorney - Thomas Miller Budget Office - Nick kovac LRB - Kathy Brengosz City Clerk - Jim Owczarski	Pass	3:0
12/4/2024	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
11/8/2024	0	COMMON COUNCIL	ASSIGNED TO

Number
241101
Version
SUBSTITUTE 1
Reference
170188, 181331, 181332
Sponsor
ALD. BAUMAN
Title
Substitute resolution relating to the transfer of funds from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation capital account.
Analysis
This resolution transfers $300,000 from the Concentrated Blight Elimination capital account to the Housing Infrastructure Preservation Fund capital account.
Body
Whereas, The Housing Infrastructure Preservation Fund was created in 2010 to provide funds for restoring, rehabilitating or mothballing City-owned properties that have been deemed historic or too valuable to the character of the surrounding neighborhood to demolish, but which are unlikely to be restored by private purchasers; and

Whereas, Since 2011, the City has renovated 60 properties using the Housing infrastructure Preservation Fund; and

Whereas, 56 rehabilitated properties have been sold and returned to the City’s tax rolls producing over $80,000 in annual property tax revenue; and

Whereas, The Concentrated Blight Elimination capital account was created in 2014; and

Whereas, Capital funding in the Concentrated Blight Elimination account is combined with operating funds in the Department of Neighborhood Services and the Department of Public Works to raze and deconstruct structures; and

Whereas, Since 2017, residential demolitions have exceeded residential construction by 258 dwelling units; and

Whereas, Common Council File Number 170188, passed on November 7, 2017, requires the deconstruction of Milwaukee’s older and more historic primary dwelling structures when removal is required; and

Whereas, Common Council File Number 181332, passed on January 14, 2019, set aside $1.2 million in the Concentrated Blight Elimination capital account for the deconstruction of structures in a manner consistent with s. 218.10 of the Milwaukee Code of Ordinances; and

Whereas, Common Council File Number 181331, adopted on Janua...