City of Milwaukee - File #: 000430

• File #: 000430
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 6/30/2000
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 11/8/2000
• Title: Resolution approving a Second Amendment to the Project Plan for Tax Incremental District No. 37 (Grand Avenue) in the 4th Aldermanic District. (DCD)
• Sponsors: THE CHAIR
• Indexes: PLANNING, TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
11/9/2000	0	MAYOR	SIGNED
11/8/2000	0	COMMON COUNCIL	ADOPTED	Pass	17:0
10/31/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
10/3/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	3:0
7/18/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	5:0
7/10/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
7/5/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
6/30/2000	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
000430
VERS:
ORIGINAL
REF:
971894
XXBY:
THE CHAIR
TITL:
Resolution approving a Second Amendment to the Project Plan for Tax Incremental District No. 37 (Grand Avenue) in the 4th Aldermanic District. (DCD)
ANLS:
- Analysis -

Adoption of this resolution will fulfill statutory requirements for amending the Project Plan for TID No. 37. The amendment revises the Project Plan to provide assistance for the redevelopment of the Boston Store building. This resolution authorizes the Commissioner of the Department of City Development, other public officials, and the Redevelopment Authority of the City of Milwaukee to take such actions as are necessary to accomplish the objectives of the amended Project Plan and also authorizes the City Comptroller to create the necessary and appropriate Subaccounts for Plan implementation.
BODY:
Whereas, Section 66.46(4)(h)1, Wisconsin Statutes, permits the City Plan Commission, subject to the approval of the Common Council, to amend the Project Plan for a Tax Incremental District; and

Whereas, The Common Council of the City of Milwaukee ("Common Council") on June 16, 1998, adopted File No. 971894 approving a Project Plan ("Plan") and creating Tax Incremental District No. 37 ("TID No. 37"); and

Whereas, On August 14, 2000, pursuant to Section 66.46(4)(h)1, Wisconsin Statutes, and following the required notice and public hearing, the City Plan Commission adopted a Second Amendment to the Plan for TID No. 37 ("Amendment"), a copy of which is attached to this Common Council File; and

Whereas, The City Plan Commission has submitted the Amendment to the Common Council for its approval; and

Whereas, Section 66.46(4)(g) and (h)1, Wisconsin Statutes, provides that an amendment to a Plan for a Tax Incremental District shall be approved by the Common Council prior to or concurrent with the adoption of a resolution by the Common Council which contains findings that such amendment is feasible and in conformi...