City of Milwaukee - File #: 121815

• File #: 121815
• Version: 2
• Type: Resolution
• Status: Passed
• File created: 4/9/2013
• In control: COMMON COUNCIL
• Final action: 6/11/2013
• Title: Substitute resolution authorizing the Port of Milwaukee to apply for, accept, and expend a grant from the Wisconsin Economic Development Corporation relating to the Port of Milwaukee Foreign Trade Zone.
• Sponsors: ALD. BAUMAN
• Indexes: GRANTS, PORT OF MILWAUKEE, WISCONSIN ECONOMIC DEVELOPMENT CORPORATION

Date	Ver.	Action By	Action	Result	Tally
6/18/2013	2	MAYOR	SIGNED
6/11/2013	2	COMMON COUNCIL	ADOPTED; Minutes note: Ald. Bauman moved to return this item back to committee for further discussion. no action taken on this motion	Pass	15:0
5/30/2013	2	CITY CLERK	DRAFT SUBMITTED
5/30/2013	1	PUBLIC WORKS COMMITTEE	SUBSTITUTED; Minutes note: Individuals appearing: Larry Sullivan, Port of Milwaukee Paul Vornholt, Port of Milwaukee	Pass	5:0
5/30/2013	2	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
5/28/2013	1	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
4/9/2013	0	COMMON COUNCIL	ASSIGNED TO

Number
121815
Version
SUBSTITUTE 2
Reference

Sponsor
Ald. BAUMAN
Title
Substitute resolution authorizing the Port of Milwaukee to apply for, accept, and expend a grant from the Wisconsin Economic Development Corporation relating to the Port of Milwaukee Foreign Trade Zone.
Analysis
This resolution authorizes the Port of Milwaukee to apply for, accept, administer, and expend a grant from the Wisconsin Economic Development Corporation (“WEDC”) relating to the Port of Milwaukee Foreign Trade Zone in the amount of up to $50,000. Under this grant program, which would run from July 1, 2013 through June 30, 2014, a participating business would be eligible for reimbursement of up to $10,000 for expenses relating to applying for new or expanded Foreign Trade Zone status or expenses incurred in attending ongoing Foreign Trade Zone staff education. The Port will receive reimbursement requests from participating businesses, review and forward the requests to WEDC. WEDC will disburse grant funds to the Port, which will in turn disburse awarded grant funds to eligible, approved participants. No City funds are required for participation in this grant program.
Body
Whereas, The Port of Milwaukee desires to administer, in partnership with the Wisconsin Economic Development Corporation (“WEDC”), a grant program for businesses that wish to begin or expand their participation in the Port’s Foreign Trade Zone (FTZ No. 41); and

Whereas, Under this grant program, eligible Wisconsin companies, as identified by the Port, will submit requests for reimbursement of eligible funds expended to the Port, which will review and forward the reimbursement requests to WEDC, which will then disburse the grant funds to the eligible companies; and

Whereas, Under this grant program, WEDC will provide the Port, as administrator of the grant, up to $50,000 for the Port to reimburse actual eligible FTZ-related expenses incurred by participating companies; and

Whereas, Grant funds will...