Number
030870
Version
SUBSTITUTE 2
Reference
991474
Sponsor
THE CHAIR
Title
Substitute resolution approving a Redevelopment Plan for the Park East Redevelopment Project Area in the 3rd, 4th and 6th Aldermanic Districts.
Analysis
Adoption of this substitute resolution by at least two-thirds vote of the Common Council will approve the Redevelopment Plan for the above-identified project area. Such approval is a prerequisite for exercising the powers granted to the Redevelopment Authority under Wisconsin law for certification and implementation of the Plan following adoption of this resolution.
Body
Whereas, The County of Milwaukee, the City of Milwaukee and the State of Wisconsin entered into an Intergovernmental Cooperation Agreement to proceed with the removal of the State Trunk Highway 145 Spur between North 6th Street and its terminus at North Jefferson Street; and
Whereas, The redevelopment of the Park East Corridor is a project included in the Milwaukee Downtown Plan, an element of the City's Comprehensive Plan; and
Whereas, Via File No. 991474 adopted January 18, 2000, the Common Council of the City of Milwaukee (“Council”) found the above-identified area met the criteria and needs specified in Section 66.1333(4)(b), Wisconsin Statutes, and approved the project area boundaries designated by the Redevelopment Authority of the City of Milwaukee (“Authority”) and requested the Authority to prepare a Redevelopment Plan for the Park East Redevelopment Project Area (the “Plan”); and
Whereas, The Authority has prepared a Plan for the project area dated November 14, 2003, a copy of which is attached to this Common Council File, gave proper notice to property owners within the project area and conducted a Public Hearing on the Plan on December 15, 2003, pursuant to Wisconsin Statutes; and
Whereas, After the Public Hearing, the Authority approved the Plan and requested approval by the Council; and
Whereas, The City Plan Commission...
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