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File #: 141263    Version:
Type: Resolution Status: Passed
File created: 11/25/2014 In control: COMMON COUNCIL
On agenda: Final action: 2/10/2015
Effective date:    
Title: Substitute resolution approving a Project Plan, a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 82 (East Michigan Street), in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN, ALD. KOVAC, ALD. WADE, ALD. HAMILTON
Attachments: 1. Proposed Substitute A, 2. Revised LRB Memo Tax Revenue Deferral Estimation.pdf, 3. Project Plan as of 12-2-14, 4. Fiscal Impact Statement, 5. Comptroller Letter, 6. Streetcar and Couture DCD and Mayor PowerPoint, 7. City Attorney Response 6-1-2009, 8. Dept. of Justice Attorney General Response 12-20-11, 9. Support - Tom Kubala, 10. Letter in Support of the Couture, 11. Support - Eric Wagner, 12. Support - Milwaukee Art Museum, 13. Support - Milwaukee Downtown BID 21.pdf, 14. Support - Discovery World, 15. Support - LiUNA! Local No. 113, 16. Hearing Notice List, 17. Sign-In Sheets from ZND 12-9-14 meeting, 18. Additional Sign-In Sheets ZND 12-9-14 Meeting, 19. Amendment by Ald. Zielinski and Davis, 20. Support - Hennessy Group Inc, 21. Support - Historic Third Ward Association, 22. Support - Westown Association, 23. UEDA Support Letter, 24. Support - WAM DC LLC, 25. Support - Jeff Sherman, 26. Support - Bublr Bikes, 27. Support - NKE, 28. Oppose - Benediction Lutheran Church, 29. Oppose - Dona and Jim Barsul, 30. Support - Menomonee Valley Partners, Inc., 31. Cincinnati.com Article, 32. Gateway Masterplan and Streetcar Animations, 33. LRB Memo Tax Revenue Deferral Estimation, 34. Oppose - James R. Smyczek, 35. Support - Marcus Center for the Performing Arts
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
2/10/20152 MAYOR SIGNED   Action details Meeting details Not available
2/10/20152 COMMON COUNCIL RECONSIDEREDFail6:9 Action details Meeting details Video Video
1/21/20152 COMMON COUNCIL ADOPTEDPass10:5 Action details Meeting details Video Video
1/21/20152 COMMON COUNCIL RECONSIDERED AND ENTERED IN JOURNALPass7:8 Action details Meeting details Not available
12/16/20142 COMMON COUNCIL HELD IN COUNCILPass5:9 Action details Meeting details Video Video
12/9/20141 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE SUBSTITUTED

Minutes note: Individual appearing: Honorable Tom Barrett, Mayor of the City of Milwaukee Ald. Bauman moved substitution of the file with Proposed Substitute A. (Prevailed 5-0)
Pass5:0 Action details Meeting details Video Video
12/9/20142 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Ald. Wade added as a cosponsor.
Pass5:0 Action details Meeting details Not available
12/9/20142 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECONSIDEREDPass4:0 Action details Meeting details Video Video
12/9/20142 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Rocky Marcoux, Department of City Development Commissioner Rick Barrett, Barrett Visionary Development Matt Rinka, Rinka Chung Architecture Inc. Crocker Stephenson, Milwaukee Journal Sentinel Martin Matson, Comptroller Individuals appearing to testify in support: Michael Cudahy, Discovery World Juli Kaufmann, 255 W. Bruce St., Milwaukee, WI 53204 Bill Sell, 2827 S. Lenox St., Milwaukee, WI 53207 Jerome Knapp, Historic King Dr. Business Improvement District Beth Weirick, Milwaukee Downtown Business Improvement District 21 Nick Johnson, Hilton Garden Inn Milwaukee Downtown Dan Bukiewicz, Milwaukee Building & Construction Trades Council Dr. Eve Hall, African American Chamber of Commerce of Wisconsin Gary Grunau, Grunau Company, Inc. Earl Buford, Milwaukee Area Workforce Investment Board, Inc. Teresa Thomas-Boyd, One Hope Made Strong Jackie Ivy, Milwaukee County Bus Riders Union Ald. Zielinski appeared and offerred an amendment. The amendment was not considered by the committee. Ald. Hamilton added as a cosponsor.
Pass4:1 Action details Meeting details Video Video
12/3/20141 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
12/1/20141 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
11/25/20140 COMMON COUNCIL ASSIGNED TOFail  Action details Meeting details Not available
Number
141263
Version
SUBSTITUTE 2
Reference

Sponsor
ALD. BAUMAN, KOVAC, WADE AND HAMILTON
Title
Substitute resolution approving a Project Plan, a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 82 (East Michigan Street), in the 4th Aldermanic District.
Analysis
Tax Incremental District No. 82 comprises two properties at 909 East Michigan Street (Tax Key No. 392-1678-121) and 833 East Michigan Street (Tax Key No. 396-0491-000), totaling approximately 4.6 acres. The District is generally located west of Lincoln Memorial Drive between East Michigan Street and East Clybourn Street in the City of Milwaukee.

The District will fund a multimodal transportation hub and other public improvements, infrastructure and amenities necessary to expand transit options and promote development of the District and surrounding properties, infrastructure for the Milwaukee Streetcar initial line and lakefront line, a workforce development program and administration totaling $49,550,000.
Body
Whereas, Chapter 105 of the Laws of 1975 of the State of Wisconsin, with amendments from other chapters of said Laws, created Section 66.1105, Wisconsin Statutes, titled “Tax Increment Law;” and

Whereas, Section 66.1105(4) of the Tax Increment Law sets forth certain criteria that the Common Council of the City of Milwaukee (“Common Council”) and the Redevelopment Authority of the City of Milwaukee (“Authority”) must follow to create a tax incremental district (“TID” or “District”) and approve a project plan for a TID; and

Whereas, Pursuant to Section 66.1105(4)(a) through (gm), Wisconsin Statutes, on December 2, 2014 the Authority conducted a public hearing on the proposed Project Plan for the District (“Plan”), designated the boundaries of the District, recommended that the District be created and submitted such recommendation to the Common Council for approval with the Plan, a copy of which is attached to this Common Council File; and

Wher...

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