Number
041510
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving the boundaries for the West Capitol and North 35th Street Redevelopment Project Area and authorizing and directing the Redevelopment Authority of the City of Milwaukee to prepare a Redevelopment Plan in the 7th Aldermanic District. (DCD)
Analysis
Adoption of this resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will enable the Redevelopment Authority of the City of Milwaukee to proceed with the preparation of a Redevelopment Plan for the West Capitol and North 35th Street Redevelopment Project Area that will then be submitted to the Common Council for consideration and approval in accordance with Section 66.1333, Wisconsin Statutes.
Body
Whereas, One of the principal goals of the City of Milwaukee (“City”) is to create a regulatory and physical environment favorable to capital investment and the creation and location of jobs; and
Whereas, The redevelopment of industrial parks elsewhere in the City has been facilitated by the creation of redevelopment project areas pursuant to Section 66.1333, Wisconsin Statutes, known as the “Blight Elimination and Slum Clearance Act”; and
Whereas, As a first step in the exercise of powers granted and for the acquisition and disposition of real property in a project area, Section 66.1333, Wisconsin Statutes, as amended, requires that the Redevelopment Authority of the City of Milwaukee (“Authority”) designate the boundaries of a proposed project area, declare the area blighted and submit such boundaries to the Common Council of the City of Milwaukee (“Common Council”) for approval; and
Whereas, On February 17, 2005, the Authority designated boundaries for the proposed West Capitol and North 35th Street Redevelopment Project Area, as identified on Exhibit 1, a copy of which is attached to this Common Council File, (and generally located within, but not circumscribed by West Ca...
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