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File #: 970342    Version: 0
Type: Resolution Status: Passed
File created: 6/3/1997 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 6/24/1997
Effective date:    
Title: Resolution approving final plans and specifications for Project Block No. 9 in Tax Incremental District No. 29 (Park East II). (Department of City Development)
Sponsors: THE CHAIR
Indexes: PLANNING, TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING
NUMB:
970342
VERS:
ORIGINAL
REF:
941939
XXBY:
THE CHAIR
TITL:
Resolution approving final plans and specifications for Project Block No. 9 in Tax Incremental District No. 29 (Park East II). (Department of City Development)
ANLS:
- Analysis -

Adoption of this resolution approves the final plans and specifications as is called for in the Park East Development and Cooperation Agreement as amended for Project Block No. 9 which is located in Tax Incremental District No. 29, City of Milwaukee. The specific plans and specifications are for a 109 unit apartment building and a pedestrian way which will connect North Prospect Avenue to North Lincoln Memorial Drive.
BODY:
Whereas, The Park East Corridor (the "Corridor") is a former freeway right-of-way, 9 blocks long and 1 block wide; and

Whereas, The Corridor lies within the boundaries of the Park East Project Area which the Redevelopment Authority of the City of Milwaukee, with the approval of the City of Milwaukee, has created; and

Whereas, The Corridor also lies within the boundary of Tax Incremental District No. 29 which has been created by the City of Milwaukee via Common Council File No. 941939, adopted June 6, 1995, and approved by the Joint Review Board on July 10, 1995; and

Whereas, The Common Council approved entering into a Park East Development and Cooperation Agreement via Common Council File No. 890619, adopted November 17, 1989; and

Whereas, Contained within the Park East Development and Cooperation Agreement are several mandated City approval requirements; and

Whereas, TCR/MRC Joint Venture is seeking to obtain approval of the final plans and specifications for Project Block No. 9, including the pedestrian way connecting North Prospect Avenue to North Lincoln Memorial Drive; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that the final plans and specifications for the development of Project Block No. 9, a copy of which are attached ...

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