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File #: 161475    Version: 0
Type: Resolution Status: Passed
File created: 2/7/2017 In control: COMMON COUNCIL
On agenda: Final action: 3/1/2017
Effective date:    
Title: Resolution approving an amendment, modification and termination of the Downtown Retail Center Redevelopment Plan, in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN
Indexes: GRAND AVENUE MALL, REDEVELOPMENT, URBAN
Attachments: 1. Amendment, Modification & Termination of Redevelopment Plan as of 2-15-17, 2. RACM Resolution, 3. Hearing Notice List, 4. PowerPoint Presentation
Number
161475
Version
ORIGINAL
Reference
77-1273-d, 77-1273-3h, 930950, 972008, 981197, 000299, 001259 and 010760
Sponsor
ALD. BAUMAN
Title
Resolution approving an amendment, modification and termination of the Downtown Retail Center Redevelopment Plan, in the 4th Aldermanic District.
Analysis
Adoption of this resolution by at least two-thirds vote of the Common Council will amend, modify and terminate the Redevelopment Plan for the Downtown Retail Center Redevelopment Project. Such approval is required for exercising the powers granted to the Redevelopment Authority under Wisconsin law for implementation of the amendment. This file has no fiscal impact.
Body
Whereas, On May 22, 1978, the Common Council adopted File No. 77-1273-d, which approved the creation of a Redevelopment Plan for the Downtown Retail Center Redevelopment Project (the “Plan”); and

Whereas, The Plan was recorded on July 11, 1979, in the Office of the Register of Deeds (the “ROD”) of Milwaukee County, Wisconsin, as Document No. 5327570 and was subsequently amended seven times as follows:

Amendment No. 1, File No. 77-1273-3h, recorded with the ROD on March 11, 1987 as Document No. 6030873; Amendment No. 2, File No. 930950, recorded with the ROD on December 17, 1993 as Document No. 6874161; Amendment No. 3, File No. 972008, recorded with the ROD on June 16, 1998 as Document No. 7549061; Amendment No. 4, File No. 981197, recorded with the ROD on February 22, 1999 as Document No. 7693105; Amendment No. 5, File No. 000299, recorded with the ROD on August 25, 2000 as Document No. 7953522; Amendment No. 6, File No. 001259, recorded with the ROD on February 16, 2001 as Document No. 8025598; Amendment No. 7, File No. 010760, recorded with the ROD on November 5, 2001 as Document No. 8162741; and

Whereas, By the Plan terms (original Plan, ROD Document No. 5327570, ROD Image Page 653), the Plan was to “be in full force and effect for a period of 25 years from the date of the original approval...

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