Legislation Details

File #: 260502    Version: 0
Type: Resolution Status: Passed
File created: 7/17/2026 In control: REDEVELOPMENT AUTHORITY
On agenda: 7/16/2026 Final action:
Effective date:    
Title: Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 121 (Bronzeville Arts & Tech Hub).
Sponsors: THE CHAIR
Attachments: 1. 071626-4 TID 121 Amend 1 RACM RSN Signed, 2. 071626-4 TID 121 Amend 1 to Project Plan
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Number

260502

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 121 (Bronzeville Arts & Tech Hub). 

 

Analysis

 

Body

Whereas, The Common Council of the City of Milwaukee, pursuant to Sec. 66.1105(3)(f), Wisconsin Statutes, has designated the Redevelopment Authority of the City of Milwaukee (the “Redevelopment Authority”) as the agency responsible for preparation and review of proposed tax incremental districts amendments thereto; and

 

Whereas, The First Amendment to the Project Plan for Tax Incremental Financing District No. 121 (Bronzeville Arts & Tech Hub) (the “District”) has been prepared and duly noticed; and

 

Whereas, The boundaries of TID No. 121 shall remain unchanged; and

 

Whereas, On July 16, 2026 the Redevelopment Authority conducted the required public hearing on the proposed First Amendment to Project Plan for the District; now, therefore, be it

 

Resolved, By the Redevelopment Authority of the City of Milwaukee that the First Amendment to the Project Plan for the District, a copy of which was submitted to the Journal of Proceedings, is approved and adopted; and, be it

 

Further Resolved, That the Executive Director is directed to transmit copies of this resolution and the First Amendment to the Common Council for its approval; and, be it

 

Further Resolved, That the officers of the Redevelopment Authority are authorized to take such further action and to execute any documents and instruments necessary to implement the First Amendment to the District.

 

Requestor

 

Drafter

David Misky July 17, 2026