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File #: 081478    Version:
Type: Resolution Status: Passed
File created: 2/10/2009 In control: STEERING & RULES COMMITTEE
On agenda: Final action: 3/3/2009
Effective date:    
Title: Substitute resolution relating to application for funds under the American Recovery and Reinvestment Act.
Sponsors: ALD. HINES JR., ALD. MURPHY, ALD. KOVAC
Indexes: FEDERAL GRANTS, FEDERAL LEGISLATION
Attachments: 1. Hearing notice list, 2. Fiscal note
Number
081478
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. HINES, MURPHY AND KOVAC
Title
Substitute resolution relating to application for funds under the American Recovery and Reinvestment Act.
Analysis
This resolution directs the appropriate City of Milwaukee officials and City departments to apply for economic stimulus funds for qualifying City projects in accordance with the federal American Recovery and Reinvestment Act.
Body
Whereas, U.S. President Barack Obama and Congress have enacted a $787 billion federal economic stimulus package to dispense funding to states and localities for projects including but not limited to housing, economic development, job creation, public safety, education, health, infrastructure and environmental sustainability; and

Whereas, The federal stimulus bill, known as the American Recovery and Reinvestment Act, designates spending in over 130 different state and federal programs, with the majority of funds flowing through existing state programs and utilizing existing formulas; and

Whereas, Federal economic stimulus funding is critical to creating and preserving jobs in the State of Wisconsin and the City of Milwaukee; and

Whereas, The State of Wisconsin anticipates receiving approximately $3.5 billion in stimulus aid, and although it has not yet been determined what share of that amount may be allocated to the City of Milwaukee, it is in the City’s best interest to be prepared to act swiftly to utilize its share of stimulus aid as it becomes available; and

Whereas, City of Milwaukee officials and City departments must move decisively to identify and secure economic stimulus funding for appropriate city projects as such funding becomes available; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the appropriate City of Milwaukee officials and City departments are directed to apply for economic stimulus funds for qualifying City projects in accordance with the federal American Re...

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