Number
150250
Version
ORIGINAL
Reference
130995
Sponsor
ALD. STAMPER
Title
Resolution authorizing the expenditure of funds in excess of $100,000 from the Housing Infrastructure Preservation Fund for the repair of 2402 North Sherman Boulevard located in the North Sherman Boulevard Historic District, in the 15th Aldermanic District.
Analysis
This resolution authorizes expenditures in excess of $100,000 and up to $200,000 to preserve 2402 North Sherman Boulevard in accordance with Milwaukee Code of Ordinances, Section 308-1-11.
Body
Whereas, By passage of File No. 130995, the Common Council of the City of Milwaukee approved an ordinance that any expenditures from the Housing Infrastructure Preservation Fund in excess of $100,000 be approved by the Common Council and the Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes; and
Whereas, On June 1, 2015, the Department of City Development presented a report to the Special Joint Committee on the Redevelopment of Abandoned and Foreclosed Homes recommending expenditures in excess of $100,000 for repair of the property at 2402 North Sherman Boulevard and was granted approval according to Milwaukee Code of Ordinances, Section 308-1-11; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Department of City Development is authorized to expend over $100,000 and up to $200,000 from the Housing Infrastructure Preservation Fund for the repair of 2402 North Sherman Boulevard in accordance with Milwaukee Code of Ordinances, Section 308-1-11.
Drafter
DCD:Yves.LaPierre:ysl
06/02/15/B