Number
030189
Version
Substitute 1
Reference
001466
Sponsor
The Chair
Title:
Substitute resolution relative to the application, acceptance and funding of a Wisconsin Dept. of Natural Resources Waterways Commission Grant for the Port of Milwaukee in connection with a Proposed Public Boat Landing & Pier Improvement Project in cooperation with Pier Wisconsin, Ltd. and related work.
Analysis
This resolution authorizes the Port of Milwaukee to apply for, accept and fund a Wisconsin Dept. of Natural Resources Waterways Commission Grant in connection with a Proposed Public Boat Landing Project on Municipal Pier and related work
Body:
Whereas, the City of Milwaukee appears to be eligible for grant funds from the Wisconsin Dept. of Natural Resources Waterways Commission; and
Whereas, It is the mission of the Port of Milwaukee to enhance the overall economic environment of the region by stimulating trade, business, and employment; and
Whereas, The Port of Milwaukee is cooperating with Pier Wisconsin, Ltd. in the development of a public boat landing on Municipal Pier; and
Whereas, This Project and related work has been approved by the City of Milwaukee's, Board of Harbor Commissioners at its meeting of April 24, 2003; and
Whereas, Project and related work has been estimated to cost about $576,850, to be funded by 80% by a grant from the Waterways Commission in an amount of about $461,480 and 20% by Pier Wisconsin, Ltd. in an amount of about $115,370; and
Whereas, Pier Wisconsin, Ltd. will provide the match money in an amount of about $115,370 to the Port of Milwaukee and agree to maintain the public boat landing throughout the life of the facility; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Port of Milwaukee is authorized to apply for and accept the Waterways Commission grant and the complimentary match money from Pier Wisconsin, Ltd. without further approval unless terms of the grant...
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