Number
020573
Version
ORIGINAL
Reference
Sponsor
ALD. SANCHEZ
Title
Resolution approving the boundaries for the Menomonee Valley Redevelopment Project Area "K," authorizing and directing the Redevelopment Authority of the City of Milwaukee to prepare a Redevelopment Plan and declaring surplus two City-owned properties within the proposed boundary and authorizing their conveyance to the Redevelopment Authority, in the 12th Aldermanic District. (DCD)
Analysis
Adoption of this resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will enable the Redevelopment Authority of the City of Milwaukee to proceed with the preparation of a Redevelopment Plan for the Menomonee Valley Redevelopment Project Area "K" that will then be submitted to the Common Council for consideration and approval in accordance with Section 66.1333, Wisconsin Statutes, and will declare surplus the City-owned properties within the proposed boundary for conveyance to the Redevelopment Authority in advance of adoption of the Redevelopment Plan.
Body
Whereas, As a first step in the exercise of powers granted and for the acquisition and disposition of real property in a project area, Section 66.1333, Wisconsin Statutes, as amended, requires that the Redevelopment Authority of the City of Milwaukee ("Authority") designate the boundaries of a proposed project area, declare the area blighted and submit such boundaries to the Common Council of the City of Milwaukee ("Council") for approval; and
Whereas, On July 18, 2002, the Authority designated boundaries for the proposed Menomonee Valley Redevelopment Project Area "K," as identified on Exhibit 1, a copy of which is attached to this Common Council File, declared the area in need of blight elimination and in need of a Redevelopment Plan and recommended that the Council approve the boundaries; and
Whereas, Section 66.1333(6)(b)1, Wisconsin Statutes, provides that the Council may take appropriate...
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