Number
041314
Version
ORIGINAL
Reference
040891
Sponsor
ALD. MCGEE
Title
Resolution approving the blight designation of the privately owned property at 2225 North 7th Street in the proposed Bronzeville Cultural and Entertainment District for acquisition by the Redevelopment Authority of the City of Milwaukee in the 6th 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 a privately owned property, 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, Section 66.1333(5)(c), Wisconsin Statutes, enables the Redevelopment Authority of the City of Milwaukee (“Authority”) to acquire blighted property without designating a redevelopment project boundary or adopting a redevelopment plan upon approval of the local legislative body; and
Whereas, In File No. 040891 adopted November 3, 2004, the Common Council of the City of Milwaukee (“Council”) authorized the Authority to undertake Spot Acquisition Projects under the provisions of Title I of the Housing and Community Development Act of 1974, as amended, and the Authority submitted an application to the Community Block Grant Administration for the necessary financial assistance under such Act to acquire the property; and
Whereas, To promote redevelopment in the proposed Bronzeville Entertainment and Cultural District prior to completion of the Redevelopment Plan, 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 2225 North 7th Street (Tax Key No. 352-0618-100-X); and
Whereas, The Authority has submitted an application to the City of Milwaukee (“City”) for the ne...
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