Number
140872
Version
ORIGINAL
Reference
130995
Sponsor
ALD. BAUMAN
Title
Resolution authorizing the expenditure of funds in excess of $100,000 from the Housing Infrastructure Preservation Fund for the repair of 964-66 North 35th Street, in the 4th Aldermanic District.
Analysis
This resolution authorizes expenditures in excess of $100,000 and up to $200,000 to preserve 964-66 North 35th Street in accordance with Milwaukee Code of Ordinances, Section 308-1-11.
Body
Whereas, By passage of File No. 130995, the Common Council of the City of Milwaukee approved an ordinance that any expenditures from the Housing Infrastructure Preservation Fund in excess of $100,000 be approved by the Common Council and the Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes; and
Whereas, On September 8, 2014 the Department of City Development presented a report to the Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes recommending expenditures in excess of $100,000 for repair of the property at 964-66 North 35th Street and was granted approval according to Milwaukee Code of Ordinances, Section 308-1-11; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Department of City Development is authorized to expend over $100,000 and up to $200,000 from the Housing Infrastructure Preservation Fund for the repair of 964-66 North 35th Street in accordance with Milwaukee Code of Ordinances, Section 308-1-11.
Drafter
DCD:Yves.LaPierre:ysl
09/23/14/A