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File #: 020830    Version:
Type: Resolution Status: Passed
File created: 9/24/2002 In control: ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 11/6/2002
Effective date:    
Title: Substitute resolution creating Business Improvement District No. 28 (West North Avenue Gateway District) and approving its first year Operating Plan.
Sponsors: ALD. HINES JR.
Indexes: BUSINESS IMPROVEMENT DISTRICT 28
Attachments: 1. Fiscal Note.pdf, 2. Sub 1 Fiscal Note.pdf, 3. Letter from CPC.PDF, 4. Fiscal Review.pdf, 5. Legal Opinion.PDF, 6. Letter re: Publication.PDF, 7. Operating Plan.PDF
Number
020830
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. HINES
Title
Substitute resolution creating Business Improvement District No. 28 (West North Avenue Gateway District) and approving its first year Operating Plan.
Analysis
This substitute resolution establishes a Business Improvement District pursuant to Wisconsin Statutes for West North Avenue between North 27th Street and North Sherman Boulevard in the 17th Aldermanic District. This substitute resolution also adopts a first year Operating Plan and budget for the BID, creates a District Board and authorizes special assessments totaling $21,362 on taxable properties in the BID.
Body
Whereas, The West North Avenue business district is a vital and integral part of the City of Milwaukee ("City"); and

Whereas, A Business Improvement District ("BID") as authorized by Section 66.1109, Wisconsin Statutes, provides a financing method to allow the West North Avenue business district to become self-sustaining; and

Whereas, Several property owners in the proposed BID have submitted petitions requesting the City to establish a BID in the area; and

Whereas, An initial Operating Plan has been prepared which describes proposed activities within the District and which is in accordance with applicable Wisconsin Statutes; and

Whereas, Said Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that Business Improvement District No. 28 (West North Avenue Gateway District) and the associated District Board are created; and, be it

Further Resolved, That the initial Operating Plan for BID No. 28, a copy of which is attached to this Common Council File, is adopted; and, be it

Further Resolved, That the City Treasurer, City Comptroller and other affected departments are authorized and directed to collect and disburse BID No. 28 assessments in accordance with the ...

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