NUMB:
VERS:
ORIGINAL
REF:
971697
XXBY:
THE CHAIR
TITL:
Resolution authorizing additional funding for the Downtown and Neighborhood Facade Grant Program for the City of Milwaukee. (Department of City Development)
ANLS:
- Analysis -
This resolution authorizes the Department of City Development to continue to operate the Downtown and Neighborhood Facade Grant Program. Specifically, the City Comptroller is authorized to transfer $300,000 from the Development Fund Project Account to the Downtown and Neighborhood Facade Grant Program. By doing so the City can assist property owners and businesses, leveraging substantial private investment and improvements to facades.
BODY:
Whereas, The Department of City Development has operated a Facade Grant Program for more than 20 years; and
Whereas, This program has provided a significant incentive for visible reinvestment in downtown and neighborhood commercial areas; and
Whereas, Program Eligibility Requirements and Design Guidelines have been established by the Common Council under File No. 971697 on March 3, 1998 for facade grant activity; and
Whereas, More attractive storefronts makes Milwaukee a more pedestrian friendly and attractive place for businesses, residents and visitors; and
Whereas, The City can leverage significant amounts of private investment and improvements to the facades of commercial properties if a facade grant program were available to assist property owners or businesses to upgrade their storefronts and principle facades; now, therefore, be it
Resolved, That the Common Council of the City of Milwaukee authorizes the City Comptroller to transfer $300,000 from the Development Fund Project Account No. UR03390000 to the Project Account No. PR01880000, for allocation to the Downtown Facade Grant Segment Account No. PR01882000; and, be it
Further Resolved, That these funds are designated for both downtown and neighborhood facade grant activity under the guidelines e...
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