Number
170606
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. JOHNSON AND LEWIS
Title
Substitute resolution creating Neighborhood Improvement District No. 9 (Havenwoods), approving its Initial Operating Plan and authorizing expenditures, in the 2nd and 9th Aldermanic Districts.
Analysis
This substitute resolution establishes a Neighborhood Improvement District, pursuant to Wisconsin Statutes, for the area bounded by North 55th Place and goes to North 76th Street from Silver Spring Drive through Kaul Avenue, with the following exclusions being public spaces and industrial uses: Carmen to Kaul Avenue from North 55th Street to North 60th Street and Florist to Kaul Avenue from 64th Street to 73rd Street. Also, this substitute resolution adopts an Initial Operating Plan and budget for the NID, creates a District Board and authorizes special assessments on taxable properties in the NID.
Body
Whereas, The Havenwoods neighborhood is a vital and integral part of the City of Milwaukee (“City”); and
Whereas, A Neighborhood Improvement District (“NID” or “District”), as authorized by Section 66.1110, Wisconsin Statutes, provides a financing method to allow the Havenwoods neighborhood to become self-sustaining; and
Whereas, Several property owners in the proposed NID have submitted petitions requesting the City to establish a NID in the area; and
Whereas, An Initial Operating Plan has been prepared, a copy of which is attached to this Common Council File, which describes proposed activities within the District and which acts in accordance with applicable Wisconsin Statutes; and
Whereas, Said Initial Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that Neighborhood Improvement District No. 9 (Havenwoods) and the associated District Board are created; and, be it
Further Resolved, That the Initial Operating Plan for NID No. 9 is adopt...
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