Number
140419
Version
ORIGINAL
Reference
Sponsor
ALD. BOHL
Title
An ordinance relating to the inclusion of street-paving costs in the project plans of newly-created tax incremental districts.
Sections
304-95-1 am
Analysis
This ordinance provides that the requirement to include street-paving costs in the project plan for a new tax incremental district may be waived by resolution of the common council.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 304-95-1 of the code is amended to read:
304-95. Tax Incremental Districts - Inclusion of Street-Paving Costs in Project Plans.
1. NEW DISTRICTS. In preparing the project plan for any new tax incremental district, the commissioner of city development shall include in the plan, as project costs, the costs of all street-paving projects anticipated to occur within the district and within one-half mile of the district's boundaries within the next 6 years, as identified by the city's most recent 6-year local street-paving program. The commissioner shall consult with the department of public works in identifying all street-paving projects to be included in the project plan. >>The requirement to include street-paving costs in the project plan for a new tax incremental district may be waived by resolution of the common council.<<
LRB
APPROVED AS TO FORM
__________________________
Legislative Reference Bureau
Date:______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
__________________________
Office of the City Attorney
Date:______________________
Requestor
Drafter
LRB153072-1
Jeff Osterman
06/16/2014