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File #: 980380    Version:
Type: Resolution Status: Passed
File created: 6/16/1998 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 7/7/1998
Effective date:    
Title: Substitute resolution approving schematic plans for Blocks 7 and 8 in the Park East Corridor (TID No. 29).
Sponsors: ALD. HENNINGSEN
Indexes: AGREEMENTS, BUSINESS DEVELOPMENT, PLANNING, TAX INCREMENTAL DISTRICTS
NUMB:
980380
VERS:
SUBSTITUTE 1
REF:
 
XXBY:
ALD. HENNINGSEN
TITL:
Substitute resolution approving schematic plans for Blocks 7 and 8 in the Park East Corridor (TID No. 29).
ANLS:
- Analysis -
 
This substitute resolution satisfies a contract requirement under the Park East Development and Cooperation Agreement. Final plans and specifications need to be approved by the Common Council at a future date.
BODY:
Whereas, The City of Milwaukee ("City"), the Redevelopment Authority of the City of Milwaukee, and TCR/MRC Joint Venture and the Milwaukee Redevelopment Corporation entered into the December 28, 1989 Park East Development and Cooperation Agreement; and
 
Whereas, A contractual requirement of the developers under the Development and Cooperation Agreement is to submit to the City for review and approval schematic plans for each of the 9 Blocks of the Project Area; and
 
Whereas, The developer is seeking approval of the schematic plans for Blocks 7 and 8 of this Project Area; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that the schematic plans for Blocks 7 and 8 of the former Park East Freeway Corridor as outlined in Exhibit A, a copy of which is attached to this Common Council File, is approved.
ZDPT:
 
DFTR:
DCD:DM:gew
06/25/98