City of Milwaukee - File #: 000909

• File #: 000909
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 10/10/2000
• In control: ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 11/8/2000
• Title: Substitute resolution approving the Public Improvement Development and Maintenance Agreement for Business Improvement District No. 20 (East North Avenue Streetscaping) between the City of Milwaukee and the East North Avenue Business Improvement District.
• Sponsors: ALD. D'AMATO
• Indexes: AGREEMENTS, BUSINESS DEVELOPMENT, BUSINESS IMPROVEMENT DISTRICT 20, PUBLIC IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
11/17/2000	1	MAYOR	SIGNED
11/8/2000	1	COMMON COUNCIL	ADOPTED	Pass	17:0
10/30/2000	1	ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
10/25/2000	1	CITY CLERK	DRAFT SUBMITTED
10/17/2000	0	ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/10/2000	0	COMMON COUNCIL	ASSIGNED TO

Number
000909
Version
SUBSTITUTE 1
Reference
991037
Sponsor
ALD. D'AMATO
Title
Substitute resolution approving the Public Improvement Development and Maintenance Agreement for Business Improvement District No. 20 (East North Avenue Streetscaping) between the City of Milwaukee and the East North Avenue Business Improvement District.
Analysis
Business Improvement District No. 20 was created in 1997 to help improve the East North Avenue commercial district through streetscaping. The Public Improvement Development and Maintenance Agreement details the responsibilities of the City and the BID for the construction, maintenance and financing of the streetscaping project. In particular, it commits the BID to repay $885,950, plus interest, to the City over a 20-year period. It also transfers additional funds for project costs. The City's share of the project cost was provided through Common Council File No. 991037 adopted November 9, 1999.
Body
Whereas, On September 23, 1997, the Common Council of the City of Milwaukee created Business Improvement District No. 20 ("BID No. 20") via File No. 970779 and approved its first year Operating Plan; and

Whereas, The first year Operating Plan for BID No. 20 calls for the BID Board to enter into an agreement with the City of Milwaukee for the financing, installation and maintenance of a mutually acceptable streetscape improvement project for East North Avenue; and

Whereas, The Common Council has provided funding for the City's share of the project cost through File No. 991037 adopted on November 9, 1999; and

Whereas, A Public Improvement Development and Maintenance Agreement for the streetscape project has been prepared with the participation of the BID No. 20 Board and City of Milwaukee departments; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that the Public Improvement Development and Maintenance Agreement for Business Improvement District No. 20 (East North Av...