City of Milwaukee - File #: 081080

• File #: 081080
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/25/2008
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 7/28/2009
• Title: Substitute resolution approving a Grant Agreement and providing funding for improvements to the Modjeska Theater, 1122 West Mitchell Street, in Tax Incremental District No. 71, in the 12th Aldermanic District.
• Sponsors: James N. Witkowiak
• Indexes: TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING, THEATERS

Date	Ver.	Action By	Action	Result	Tally
8/5/2009	1	MAYOR	SIGNED
7/28/2009	1	COMMON COUNCIL	ADOPTED	Pass	15:0
7/21/2009	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Jim Scherer, Department of City Development Members of the Modjeska Theater Board- Herbert Hillman, Chris Frommel, Nelson Solar	Pass	3:0
7/17/2009	1	CITY CLERK	DRAFT SUBMITTED
11/25/2008	0	COMMON COUNCIL	ASSIGNED TO

Number
081080
Version
SUBSTITUTE 1
Reference
071132
Sponsor
ALD. WITKOWIAK
Title
Substitute resolution approving a Grant Agreement and providing funding for improvements to the Modjeska Theater, 1122 West Mitchell Street, in Tax Incremental District No. 71, in the 12th Aldermanic District.
Analysis
This substitute resolution authorizes $228,110 from TID No. 71 to fund repairs to the roof of the Modjeska Theater at 1122-1134 West Mitchell Street and to fund renewable energy systems to the building and equipment upgrades to the vacant corner restaurant located on the theater’s ground floor. The restoration of this theater was identified as a catalytic project in the Project Plan for Tax Incremental District No. 71 (Mitchell Street).
Body
Whereas, The City of Milwaukee (“City”) and the Redevelopment Authority of the City of Milwaukee (“RACM”) created Tax Incremental District No. 71 (Mitchell Street) (“TID” or “District”) with the adoption of their respective resolutions No. 071132 and No. 9969. The District consists of 281 properties located along, and generally one block north and south of West Mitchell Street between South 5th Street and South 16th Street, plus a commercial area south of West Forest Home Avenue between South 13th Street and South 15th Street. The District contains nearly 2.3 million square feet of land area, excluding public rights-of-way, and encompasses the Historic Mitchell Street commercial district, including immediately adjacent residential areas and parking lots, which serve the retail business on the Street; and

Whereas, Funding provided by the Project Plan for the District totals $3,118,000 for the purposes of upgrading pedestrian lighting, installing median irrigation, security cameras and tree grates, along with funds for grants or loans to assist with catalytic private development opportunities in the District; and

Whereas, One of the catalytic projects proposed in the District is the restoration and renovation of the Modj...