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File #: 131527    Version:
Type: Resolution Status: Passed
File created: 2/11/2014 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 3/4/2014
Effective date:    
Title: Substitute resolution approving the final program design, program report and program budget for the North End Business Capacity Building Program.
Sponsors: ALD. DAVIS
Indexes: BUSINESS DEVELOPMENT
Attachments: 1. Grant Agreement, 2. BCBP Final PowerPoint Presenation 9-12-13, 3. BCBP HIR Final Program Summary Report, 4. North End BCBP Final Program Budget, 5. Hearing Notice
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
3/7/20141 MAYOR SIGNED   Action details Meeting details Not available
3/4/20141 COMMON COUNCIL ADOPTEDPass14:0 Action details Meeting details Video Video
2/24/20140 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Nikki Purvis, Office of Small Business Development Thomas Gartner, City Attorney's Office Ald. Hamilton joined the committee at 10:18 a.m. Ald. Perez joined the committee at 10:21 a.m.
Pass5:0 Action details Meeting details Video Video
2/17/20140 COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
2/11/20140 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
131527
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. DAVIS
Title
Substitute resolution approving the final program design, program report and program budget for the North End Business Capacity Building Program.
Sections
Analysis
This Resolution affirms the Common Council’s approval of the final program structure, budget and report for the North End Business Capacity Building Program.
Body
Whereas, Common Council File No. 071618 adopted on June 10, 2008 approved the terms of a Business Capacity Building Program for the North End Project and funding in an amount not to exceed $250,000 from Tax Incremental District No. 48; and

Whereas, The Business Capacity Building Program summarized in the term sheet attached to Common Council File No. 071618 was subsequently redesigned by the Department of Administration prior to initiation; and

Whereas, Common Council File No. 130298 authorizing the issuance of forgivable loans under the North End Business Capacity Building Program was placed on file by the Common Council on July 23, 2013; and

Whereas, Common Council File No. 130421 was a communication file regarding the North End Business Capacity Program which included a final North End Business Capacity Building Program presentation and summary of results was placed on file on September 24, 2013; and

Whereas, The Common Council desires to confirm its approval of the final program design and structure, program report and program budget in the forms presented in conjunction with Common Council File No. 130421 and attached to this Common Council file; now therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the program design and structure set forth in the PowerPoint presentation attached to Common Council File No. 130421 is hereby approved, the program report of July, 2013 and the final budget attached to this Common Council file are also hereby approved; and be it

Further Resolved, That the proper city officers are hereby...

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