Number
030378
Version
ORIGINAL
Reference
020867
Sponsor
ALD. D'AMATO
Title
Resolution approving the blight designation and spot acquisition of the privately owned property at 3500 North Holton Street in the vicinity of the Riverworks Industrial Center (TID No. 24) by the Redevelopment Authority of the City of Milwaukee, in the 3rd Aldermanic District. (Redevelopment Authority)
Analysis
Adoption of this resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will approve the blight designation of the property at 3500 North Holton Street, authorize its acquisition by the Redevelopment Authority of the City of Milwaukee utilizing the Spot Acquisition procedures set forth in Section 66.1333, Wisconsin Statutes, and identify a funding source for the project.
Body
Whereas, Before the Redevelopment Authority of the City of Milwaukee (“Authority”) can acquire property, it must be declared blighted pursuant to Section 66.1333(5)(c), Wisconsin Statutes, as amended; and
Whereas, In File No. 020867 adopted on October 15, 2002, the Common Council of the City of Milwaukee (“Council”) deemed it desirable and in the public interest that the Authority undertake and carry out an urban renewal program under the Act and so authorized and directed the Authority to prepare Spot Acquisition Projects; and
Whereas, The property at 3500 North Holton Street has been identified for Spot Acquisition; and
Whereas, The owner of the subject property received the statutory notice and a public hearing was conducted on June 19, 2003 by the Authority pursuant to the provisions of Section 66.1333(5)(c), Wisconsin Statutes, as amended; and
Whereas, The Authority determined the subject property to be blighted within the meaning of Section 66.1333(4)(bm), Wisconsin Statutes, as amended, and requested Council approval of this Spot Acquisition Project; and
Whereas, In relation to the location and extent of public works and utilities, pu...
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