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File #: 141264    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 Amendment No. 3 to the Project Plan for Tax Incremental District No. 56 (Erie/Jefferson Street) and authorizing expenditures, in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN, ALD. KOVAC, ALD. WADE, ALD. HAMILTON
Attachments: 1. Amendment No. 3 to Project Plan as of 11-26-14, 2. Fiscal Impact Statement, 3. Comptroller Letter, 4. Streetcar and Couture DCD and Mayor PowerPoint, 5. City Attorney Response 6-1-2009, 6. Dept. of Justice Attorney General Response 12-20-11, 7. Support - Tom Kubala, 8. Support - Eric Wagner, 9. Support - Milwaukee Art Museum, 10. Support - Milwaukee Downtown BID 21, 11. Support - Discovery World, 12. Support - LiUNA! Local No. 113, 13. Hearing Notice List, 14. Sign-In Sheets from ZND 12-9-14 meeting, 15. Additional Sign-In Sheets ZND 12-9-14 Meeting, 16. Support - Hennessy Group Inc, 17. Support - Historic Third Ward Association, 18. Support - Westown Association, 19. UEDA Support Letter, 20. Support - WAM DC LLC, 21. Support - Jeff Sherman, 22. Support - Bublr Bikes, 23. Support - NKE, 24. Support - streetcar/ Pabst, 25. Support - Menomonee Valley Partners, Inc., 26. Support - Streetcar Letter of Support-Brady BID#11, 27. Support - Marcus Center for the Performing Arts, 28. Suppport - Radio Milwaukee Streetcar, 29. Oppose - Benediction Lutheran Church, 30. Oppose - Dona and Jim Barsul, 31. Oppose - James R. Smyczek, 32. Cincinnati.com Article, 33. Gateway Masterplan and Streetcar Animations, 34. prtgroup
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
2/10/20151 MAYOR SIGNED   Action details Meeting details Not available
2/10/20151 COMMON COUNCIL RECONSIDEREDFail6:9 Action details Meeting details Video Video
1/21/20151 COMMON COUNCIL ADOPTEDPass10:5 Action details Meeting details Video Video
1/21/20151 COMMON COUNCIL RECONSIDERED AND ENTERED IN JOURNALPass6:8 Action details Meeting details Not available
12/16/20141 COMMON COUNCIL HELD IN COUNCILPass5:9 Action details Meeting details Video Video
12/9/20141 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Individual appearing: Honorable Tom Barrett, Mayor of the City of Milwaukee Ald. Wade added as a cosponsor.
Pass5:0 Action details Meeting details Video Video
12/9/20141 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECONSIDEREDPass4:0 Action details Meeting details Video Video
12/9/20141 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. 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
141264
Version
SUBSTITUTE 1
Reference
040639, 090791, 130268
Sponsor
ALD. BAUMAN, KOVAC, WADE AND HAMILTON
Title
Substitute resolution approving Amendment No. 3 to the Project Plan for Tax Incremental District No. 56 (Erie/Jefferson Street) and authorizing expenditures, in the 4th Aldermanic District.
Analysis
The Common Council created Tax Incremental District No. 56 in 2004 by adoption of File No. 040639 to, among other things, increase public access to the Milwaukee River by construction of riverwalk and plazas, to provide assistance in funding for riverwalk improvements and to remove or improve obsolete railroad facilities. TID No. 56 was amended in 2009 by adoption of File No. 090791 to establish TID No. 56 as a “Donor” district to allow surplus revenue from TID No. 56 to be transferred to certain “Recipient” districts. TID No. 56 was amended again in 2013 by adoption of File No. 130268 to approve donation of funds from TID No. 56 to TID Nos. 58, 65 and 66 as well as to provide $128,000 for the acquisition of the former railroad right-of-way located at 501 East Erie Street and engineering studies thereof.

Amendment No. 3 to the Project Plan for TID No. 56 will increase funding for the Riverwalk extension by $695,942; provide $540,000 in funding for public improvements located on North Milwaukee Street and East Corcoran Avenue; provide $18,300,000 in funding for public infrastructure related to the Milwaukee Streetcar; and provide a cash grant in the amount of $400,000 for business expansion or relocation.
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, Boundaries and a Project Plan for Tax Incremental District (“TID” or “District”) No. 56 were approved by the Redevelopment Authority of the City of Milwaukee (“Authority”) and the Common Council of the City of Milwaukee (“Common Cou...

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