Number
030973
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. HINES
Title
Substitute resolution authorizing additional funding for the City of Milwaukee's City-Wide Facade Grant Program.
Analysis
This substitute resolution authorizes the Department of City Development to continue to operate the City-Wide Facade Grant Program. Specifically, the City Comptroller is authorized to transfer $300,000 from the Development Fund to the City-Wide Facade Grant Project Account. By doing so, the City can assist property owners and businesses by 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 makes Milwaukee a more pedestrian friendly and attractive place for businesses, residents and visitors; and
Whereas, The City of Milwaukee can leverage significant amounts of private investment and improvements to the facades of commercial properties if city-wide grants are 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 City-Wide Facade Grant Project Account No. UR03392001; and, be it
Further Resolved, That these funds are designated for city-wide 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...
Click here for full text