Number
160892
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution creating Neighborhood Improvement District No. 5 (Heritage Heights) and approving its Initial Operating Plan, in the 5th Aldermanic District.
Analysis
This substitute resolution establishes a Neighborhood Improvement District, pursuant to Wisconsin Statutes, for the area generally bounded by those properties fronting West Metro Auto Mall (south side), those properties fronting North 107th Street, specifically 6577 North 107th Street, then 6755 North 107th Street north to West Metro Auto Mall, and properties on North 108th Street, North 109th Street, North 110th Street, North 112th Street, North Coventry Court, North 113th Street, North 114th Street, West Green Tree Road, West Daphne Street, West Heritage Drive, West Sanctuary Drive, West Meadowcreek Court and West Meadowcreek Drive. Also, this substitute resolution adopts an Initial Operating Plan and budget for the NID, creates a District Board and authorizes special assessments on taxable properties in the NID.
Body
Whereas, The Heritage Heights neighborhood is a vital and integral part of the City of Milwaukee (“City”); and
Whereas, A Neighborhood Improvement District (“NID” or “District”), as authorized by Section 66.1110, Wisconsin Statutes, provides a financing method to allow the Heritage Heights neighborhood to become self-sustaining; and
Whereas, Several property owners in the proposed NID have submitted petitions requesting the City to establish a NID in the area; and
Whereas, An Initial Operating Plan has been prepared, a copy of which is attached to this Common Council File, which describes proposed activities within the District and which acts in accordance with applicable Wisconsin Statutes; and
Whereas, Said Initial Operating Plan has been reviewed and adopted by the City Plan Commission following a public hearing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee...
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