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File #: 020951    Version: 0
Type: Resolution Status: Passed
File created: 10/15/2002 In control: ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 11/6/2002
Effective date:    
Title: Resolution authorizing additional funding for the City of Milwaukee's Citywide Facade Grant Program.
Sponsors: ALD. HINES JR.
Indexes: BUSINESS DEVELOPMENT, FEDERAL GRANTS, NEIGHBORHOOD DEVELOPMENT
Attachments: 1. fiscal note.pdf
Number
020951
Version
ORIGINAL
Reference

Sponsor
ALD. HINES
Title
Resolution authorizing additional funding for the City of Milwaukee's Citywide Facade Grant Program.
Analysis
This resolution authorizes the Department of City Development to continue to operate the Citywide Facade Grant Program. Specifically, the City Comptroller is authorized and directed to transfer $300,000 from the Development Fund to the Citywide Facade Grant Project Account. By doing so, the City can assist property owners and businesses, leveraging substantial private investment and improvements to facades.
Body
Whereas, The Department of City Development has operated a Facade Grant Program for more than 20 years; and

Whereas, This Program has provided a significant incentive for visible reinvestment in downtown and neighborhood commercial areas; and

Whereas, Program Eligibility Requirements and Design Guidelines were established by the Common Council under File No. 971697 on March 3, 1998, for facade grant activity; and

Whereas, More attractive storefronts make Milwaukee a more pedestrian friendly and attractive place for businesses, residents and visitors; and

Whereas, The City can leverage significant amounts of private investment and improvements to the facades of commercial properties if citywide grants were available to assist property owners or businesses to upgrade their storefronts and principle facades; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is authorized and directed to transfer $300,000 from the Development Fund to the Citywide Facade Grant Project Account No. UR03392001; and, be it

Further Resolved, That these funds are designated for citywide downtown and neighborhood facade grant activity under the guidelines established by the Common Council; and, be it

Further Resolved, That the Commissioner of the Department of City Development is authorized and directed to enter...

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