File #:
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150384
Version:
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Type:
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Resolution
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Status:
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Passed
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On agenda:
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Final action:
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9/22/2015
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Title:
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Substitute resolution approving Amendment No. 4 to the Project Plan and a Development Agreement authorizing expenditures for Tax Incremental District No. 22 (Beerline “B”), in the 3rd and 6th Aldermanic Districts.
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Indexes:
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PLANNED DEVELOPMENT DISTRICTS
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Attachments:
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1. Bucks Arena Term Sheet as of 9-22-2015 FINAL, 2. Common Council Motion by Ald. Coggs, 3. Term Sheet as amended 9-15-2015, 4. Amendment Motions 1A, 1B, 1C, 5. Amendment Motion 2, 6. Amendment Motion 3, 7. Fiscal Impact Statement, 8. Amendment No. 4 to the Project Plan as of 7-6-15, 9. Comptroller Letter, 10. Comptroller TID 22 Analysis, 11. Ctiy Attorney Opinion on Set-Asides, 12. Oppose - Theodore D. Kafkas, 13. Support - Historic King Drive BID, 14. Hearing Notice List, 15. Ald. Michael Murphy Letter to Wisconsin Center District.pdf, 16. Oppose - Pat Small.pdf, 17. James Ito Letter - Stipulation Request.pdf, 18. Jeanie Dean - Save the Real Pubs Journal Sentinel Article.pdf, 19. Northwestern Mutual Tower and Commons Quarterly Report Email.pdf, 20. No Subsidies for Bucks Mall - Journal Sentinel Article.pdf, 21. Oppose - Anonymous.pdf, 22. Arena ZND presentation 9-15-2015, 23. Transmittal Letter for HVS Report, 24. HVS Report-Bucks Arena Assessment, 25. Fresno Future - The Experiment of American Pedestrian Malls.pdf, 26. Urban Milwaukee Article - Street Closing on Arena Agenda.pdf, 27. Journal Interactive Article - Bucks should take a lesson from Titletown.pdf, 28. Open Letter - Postpone vacating 4th Street, 29. Bucks Arena - Escrow Agreement and Exhibits
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9/22/2015 | 2 |
MAYOR
| SIGNED | | |
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9/22/2015 | 2 |
COMMON COUNCIL
| AMENDED
Minutes note: Ald. Coggs moved to amend the following:
Amend the Amendment No. 4 to the Project Plan for Tax Incremental Financing District No. 22 City of Milwaukee (Beerline “B”), Exhibit 2, known as the “Term Sheet” (September 15, 2015, version), “City Obligations” section by amending item E.1. to read as follows:
1. Initiate and consider an application to vacate N. 4th Street between W. Juneau Avenue and W. Highland Avenue and N. 5th Street and the public alleys in Block 1 and complete any utility work (water/sewer/comm) related to those vacations by the end of 2015. Such vacations will proceed through the City’s standard process for street vacations.
Further amend the "Term Sheet" (September 15, 2015, version), "City Obligations" section by deleting item G, which reads as follows:
G. Close N. 4th Street as needed using movable bollards under the authority of a special privilege permit (or other device to recognize the Bucks’ right use to use the street).
Further amend the “Term Sheet” (September 15, 2015, version), “Bucks Obligations” section by renumbering items B through F as items C through G and creating an item B that reads as follows:
B. Accommodate and agree to a transportation, utility and public access easement for the benefit of the City, in vacated 4th Street. Such easement shall be executed by the City, Wisconsin Center District and the Bucks prior to recording the resolution vacating 4th Street and shall include a reversionary clause that requires the re-designation of 4th Street as right-of-way at no cost to the City if the Bucks no longer use the Plaza or Bucks Arena and the City requests such re-dedication. City agrees to coordinate with Bucks on design and construction of any facilities placed within the easement area in order to accommodate any safety and operational concerns of the Bucks.
Further amend the “Term Sheet” (September 15, 2015, version), “Bucks’ Commitment to City Prerequisites” section, “Human Resources Requirements” subsection by amending item B.3. as follows:
3. In an effort to increase workforce capacity in the City of Milwaukee, the Bucks and City agree to contribute a minimum of $375,000 each during the next 4 years towards capacity building programs to be conducted in cooperation with MAWIB for the Greater Arena Project. The Bucks’ portion may be paid directly by the Bucks, through an affiliate or through the Bucks’ foundation. The funding of the City portion is yet to be determined. The capacity building funds may be utilized to pay for the following:
a. Completing the gap analysis as described in B.2.
b. A youth recruitment program.
c. Worker recruitment events.
d. Development of an end user worker recruitment project.
e. Business development program in the architectural and other professional fields.
f. Any other program that the City and Bucks mutually agree upon.
Further amend the “Term Sheet” (September 15, 2015, version), “Bucks’ Commitment to City Prerequisites” section, “Parking Structure” subsection by changing item K to read as follows:
K. City may sell, and Bucks shall market, naming rights or corporate sponsorship signage for the Parking Structure. City and Buck shall each receive 50 percent of any revenue associated with such naming or sponsorship. City anticipates that its share of such revenue will be dedicated to the MKE Plays Initiative. Any associated signage is subject to City’s standard approval requirements, which shall not be unreasonably withheld.
| Pass | 15:0 |
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9/22/2015 | 2 |
COMMON COUNCIL
| ADOPTED | Pass | 12:3 |
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9/15/2015 | 1 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| SUBSTITUTED
Minutes note: Individuals appearing:
Rocky Marcoux, Department of City Development
Martin Matson, City Comptroller
Peter Feigin, Milwaukee Bucks
Atty. Bruce Block, Reinhart Boerner Van Deuren S.C.
Ald. Michael Murphy, 10th Aldermanic District
Ald. Wade moved substitution of the file with Proposed Substitute A. (Prevailed 5-0) | Pass | 5:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| HELD TO CALL OF THE CHAIR | Pass | 5:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| RECONSIDERED | Pass | 4:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| AMENDED
Minutes note: Ald. Wade moved to amend the file with the following Motions 1A, 1B, and 1C, offered by Ald. Bauman:
Amend Tax Incremental District No. 22 Project Plan, Exhibit 2, known as the "Term Sheet", "City Obligations" section by changing item E(1) to:
1. Retain N. 4th Street between W. Juneau Avenue and W. Highland Avenue as a through street. Vacate N. 5th Street and the public alleys in Block 1 and complete any utility work (water/sewer/comm/traffic) related to those vacations by the end of 2015.;
Adding Item G as follows:
G. Close N. 4th Street as needed using movable bollards under the authority of a special privilege permit (or other device to recognize the Bucks' right to use the street).;
And amend the "Team Sheet", "Bucks' Obligations" section by deleting Item B.
(Motions 1A, 1B, 1C prevailed 5-0) | Pass | 5:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| AMENDED
Minutes note: Ald. Wade moved to amend the file with Motion 2, offered by Ald. Bauman, as follows:
Amend the Tax Incremental District No. 22 Project Plan, Exhibit 2, known as the "Term Sheet", "Bucks' Commitment to City Prerequisites" section, "Parking Structure" sub-section, by changing Item K to:
K. City may sell naming rights or corporate sponsorship signage for the Parking Structure and retain all revenue associated with such naming or sponsorship. Any associated signage is subject to City's standard approval requirements, which shall not be unreasonable withheld.
(Motion 2 Prevailed 5-0)
| Pass | 5:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| AMENDED
Minutes note: Ald. Wade moved to amend the file with Motion 3, offered by Ald. Bohl, as follows:
Amend the Tax Incremental District No. 22 Project Plan, Exhibit 2, known as the “Term Sheet”, “Bucks’ Commitment to City Prerequisites” section, “Human Resources Requirements” sub-section as follows:
1. Replace the introductory clause of Item A with the following:
“A. On construction of the Bucks Arena, Plaza and Parking Structure:”
2. Re-write Item B (Residential Preference Program) to read as follows:
“B. On construction of the Bucks Arena, Plaza and Parking Structure:”
1. 40% of workers shall qualify under the City Residential Preference Program (RPP):
a. RPP qualified workers shall be City residents that are unemployed or underemployed as defined in sec. 309-41-1-f of the Milwaukee Code of Ordinances or grandfathered unemployed or underemployed City residents who no longer meet the time requirements in Sec. 309-41-1-f because of their work on other recent development projects in the City of Milwaukee.
b. In the event that the Bucks exhaust all eligible workers who meet the City’s RPP ordinance as described in B.1.(a). as determined by the City’s Office of Small Business Development in cooperation with the Milwaukee Area Workforce Investment Board, and have not met the 40% requirement, the Bucks may hire any City resident to fill that gap and reach the 40% requirement.
2. For purposes of maximizing employment opportunities, targeting training programs and assessing compliance feasibility within specific components of the project subject to RPP, the HRA shall provide that City (through City’s Department of City Development and Office of Small Business Development), Bucks and Bucks’ project manage, in conjunction with the Milwaukee Area Workforce Investment Board in collaboration with the Milwaukee Building Trades and WRTP Big Step, shall develop a gap analysis of work force capabilities and capacities on a trade by trade basis. This analysis shall be performed both prior to commencement of construction and again following construction bidding.
3. In an effort to increase workforce capacity in the City of Milwaukee, the Bucks and City agree to contribute a minimum of $375,000 each during the next 4 years towards capacity building programs to be conducted in cooperation with MAWIB for the Greater Arena Project. The Bucks’ portion may be paid directly by the Bucks through an Affiliate or through the Bucks’ foundation. The funding of the City portion is yet to be determined. The capacity building programs may include the following:
a. A youth recruitment program.
b. Worker recruitment events.
c. Development of an end user worker recruitment project.
d. Business development program in the architectural and other professional fields.
e. Any other program that the City and Bucks mutually agreed upon.
(Motion 3 Prevailed 5-0)
| Pass | 5:0 |
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9/15/2015 | 2 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| RECOMMENDED FOR ADOPTION | Pass | 4:1 |
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9/9/2015 | 1 |
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
| HEARING NOTICES SENT | | |
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7/8/2015 | 1 |
CITY CLERK
| DRAFT SUBMITTED | | |
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6/23/2015 | 0 |
COMMON COUNCIL
| ASSIGNED TO | | |
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Number 150384 Version SUBSTITUTE 2 Reference 930935, 990110, 090331, 121327 Sponsor ALD. BAUMAN Title Substitute resolution approving Amendment No. 4 to the Project Plan and a Development Agreement authorizing expenditures for Tax Incremental District No. 22 (Beerline “B”), in the 3rd and 6th Aldermanic Districts. Analysis Tax Incremental District No. 22 (“District”) was created in 1993 for the purpose of providing infrastructure for the development of the Beerline neighborhood. Amendment No. 4 to the District revises the Project Plan to allocate up to $27,000,000 for a contribution toward a new parking structure for the downtown arena project. Body Whereas, On December 22, 1993, the Common Council of the City of Milwaukee (“Common Council”) adopted File No. 930935, which approved a Project Plan and created Tax Incremental District No. 22 (Beerline “B”) (the “District”); and Whereas, On July 29, 1999, the Common Council adopted File No. 990110, which approved Amendment No. 1 to the Project Plan for the District; and Whereas, On July 28, 2009, the Common Council adopted File No. 090331, which approved Amendment No. 2 to the Project Plan for the District; and Whereas, On February 5, 2013, the Common Council adopted File No. 121327, which approved Amendment No. 3 to the Project Plan for the District; and Whereas, Pursuant to Section 66.1105(4)(h)(l), Wisconsin Statutes, on July 2, 2015, the Redevelopment Authority of the City of Milwaukee (“Authority”) conducted a public hearing on Amendment No. 4 to the Project Plan for the District (“Amendment”), approved such Amendment by resolution and submitted such Amendment, a copy of which is attached to this Common Council File, to the Common Council for its approval; and Whereas, Section 66.1105(4)(g) and (h)(1), Wisconsin Statutes, provides that an amendment to a Project Plan shall be approved by the Common Council with the adoption of a resolution, which contains findings that such amendment is feasible ... Click here for full text
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