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File #: 120095    Version: 0
Type: Resolution Status: Passed
File created: 5/22/2012 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 6/12/2012
Effective date:    
Title: Resolution amending File No. 090706, adopted October 13, 2009, directing the Commissioner of City Development to prepare amendments to project plans for tax incremental districts likely to be closed out in 2011 and 2012.
Sponsors: ALD. BOHL, ALD. WADE
Attachments: 1. Guidelines for Amending TID Project Plan, 2. Attorney General Opinion, 3. Hearing Notice List, 4. Applicability of adopted TID amendment guidelines to TID project plans amended after 2012.htm
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/21/20120 MAYOR SIGNED   Action details Meeting details Not available
6/12/20120 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Not available
6/5/20120 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Jim Scherer, Department of City Development Thomas Gartner, Assistant City Attorney Ald. Wade moved to be added as a cosponsor. There were no objections.
Pass5:0 Action details Meeting details Video Video
5/31/20120 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
5/22/20120 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
120095
Version
ORIGINAL
Reference
090706
Sponsor
ALD. BOHL and WADE
Title
Resolution amending File No. 090706, adopted October 13, 2009, directing the Commissioner of City Development to prepare amendments to project plans for tax incremental districts likely to be closed out in 2011 and 2012.

Analysis
File No. 090706 directed DCD to prepare amendments to tax increment districts to provide funding for street paving in and outside of the boundaries of TIDs expected to close out in 2011 and 2012, and to include all such street segments in the City’s 6-year street paving program, where economically feasible. The Joint Review Board for Tax Increment Districts declined to adopt such an amendment to TID 34 (Third Ward Riverwalk) and sought a legal opinion from the Attorney General of the State of Wisconsin. This opinion was issued December 21, 2011 and the Joint Review Board subsequently approved the amendment to TID 34, with the understanding that future amendments would be consistent with the guidelines attached. This resolution modifies File No. 090706 to condition future amendments to TIDs for public improvement work in and within one-half mile of the district boundary to be consistent with the guidelines.

Body
Whereas, Chapter 105 of the Laws of 1975 of the State of Wisconsin with amendments from other chapters of said Laws created Section 66.1105, Wisconsin Statutes, titled “Tax Increment Law;” and

Whereas, On October 13, 2009, the Common Council of the City of Milwaukee approved Resolution No. 090706 directing that tax incremental financing districts (TID) expected to close in 2011 and 2012 be amended to provide funding for the paving of street segments in and within one-half mile of the boundary of such districts, and to include all such street segments, within that area and in the City’s 6-year street paving program, where economically feasible; and

Whereas, Following receipt of an Attorney General’s legal opinion on this matter, the ...

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