Number
021140
Version
SUBSTITUTE 1
Reference
011164
Sponsor
THE CHAIR
Title
Substitute resolution approving four Spot Acquisitions by the Redevelopment Authority of the City of Milwaukee and authorizing disposition of the acquisitions and one Authority-owned property, in the 16th Aldermanic District. (Redevelopment Authority)
Analysis
Adoption of this substitute resolution by at least four-fifths vote of the Common Council of the City of Milwaukee will approve the blight designation of four privately owned properties, authorize their acquisition by the Redevelopment Authority of the City of Milwaukee utilizing the Spot Acquisition procedures set forth in Section 66.1333, Wisconsin Statutes, identify a funding source for the project and authorize conveyance of five properties to the Housing Authority of the City of Milwaukee according to the conditions in the Land Disposition Report.
Body
Whereas, In Common Council File No. 011164 adopted March 5, 2002, the Common Council of the City of Milwaukee (“Council”) deemed it desirable and in the public interest that the Redevelopment Authority of the City of Milwaukee (“Authority”) undertake and carry out an urban renewal program under the Housing and Community Development Act of 1974, as amended, (“Act”) and authorized and directed the Authority to prepare Spot Acquisition Projects (“Projects”); and
Whereas, The Authority submitted an application to the City of Milwaukee (“City”) for the necessary financial assistance under such Act and for such other assistance as may be necessary for undertaking and carrying out such Projects; and
Whereas, The Authority proposes to use its blight designation authority pursuant to Section 66.1333(5)(c), Wisconsin Statutes, to acquire the following privately owned properties using Community Block Grant funds:
3705-07 West Vliet Street (Tax Key No. 366-0102-000-3)
3715 West Vliet Street (Tax Key No. 366-0104-000-4)
3717-19 West Vliet Street (Tax Key...
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