NUMB:
991342
VERS:
ORIGINAL
REF:
XXBY:
ALD. PRATT AND HINES
TITL:
Resolution authorizing and directing the transfer of funds from the Capital Improvements Planning Account to Subaccounts for an analysis of the Atkinson Avenue and Capitol Drive area, for an analysis of the 35th and North area, and for special engineering, economic and other technical planning studies. (DCD)
ANLS:
- Analysis -
This resolution transfers $80,000 in funds from the Capital Improvements Planning Account into four Subaccounts: $25,000 to Subaccount No. UR01280117 for an analysis of the West Atkinson Avenue and West Capitol Drive area (1st Aldermanic District); $25,000 to Subaccount No. UR01280116 for an analysis of the North 35th Street and West North Avenue area (7th and 17th Aldermanic Districts); $15,000 into the Planning Studies-Economic Development Subaccount No. UR01280028; and $15,000 into the Special Engineering and Technical Studies Subaccount No. UR01280041. The resolution provides authority for the proper City officials to enter into contracts or agreements to accomplish the two area studies. The allocations to the two "special studies" subaccounts will allow the Department of City Development to obtain consultant assistance on studies of housing, commercial and residential developments, and land use as well as other technical planning studies as the need arises.
BODY:
Whereas, The Department of City Development ("DCD") continues work on neighborhood residential and commercial analysis and development as well as land use policy development; and
Whereas, St. Mark's A.M.E. Anvil Housing Corporation has offered to assist DCD in performing an analysis of the commercial development and land use in the West Atkinson Avenue and West Capitol Drive area; and
Whereas, DCD desires to use consultant services to analyze the feasibility of using a tax increment district to fund commercial revitalization efforts in the North 35th Street and West North Avenue...
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