Number
010951
Version
SUBSTITUTE 1
Reference
001364
Sponsor
THE CHAIR
Title
Substitute resolution approving the blight designation of the privately owned property at 3709-11 West North Avenue for acquisition by the Redevelopment Authority of the City of Milwaukee, approving the surplus declaration of an adjacent City-owned vacant lot and authorizing the subsequent conveyance to North Avenue Community Development Corporation for commercial redevelopment, in the 17th Aldermanic District. (Redevelopment Authority)
Analysis
Adoption of this substitute resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will approve the blight designation of the privately owned property at 3709-11 West North Avenue, authorize its acquisition by the Redevelopment Authority of the City of Milwaukee using the Spot Acquisition procedures set forth in Section 66.1333, Wisconsin Statutes, identify a funding source for the project, declare surplus the adjacent City-owned vacant lot and authorize the subsequent conveyance of the property according to the conditions in the Land Disposition Report.
Body
Whereas, In Common Council File No. 001364 adopted February 27, 2001, the Common Council of the City of Milwaukee (“Council”) deemed it desirable and in the public interest that the Redevelopment Authority of the City of Milwaukee (“Authority”) undertake and carry out an urban renewal program under the Housing and Community Development Act of 1974, as amended (“Act”), and authorized and directed the Authority to prepare Spot Acquisition Projects; and
Whereas, To promote redevelopment in the North Avenue Commercial Corridor the Authority proposes to use its blight designation authority pursuant to Section 66.1333(5)(c), Wisconsin Statutes, to acquire the privately owned property at 3709-11 West North Avenue, Tax Key No. 348-0945-000-9 (“Project”); and
Whereas, The Authority has submitted an application to the City for the necessary f...
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