Number
R_12933
Version
Original
Reference
Sponsor
The Chair
Title
Resolution approving a Cooperation Agreement Contract for receipt and furnishing of services, materials and equipment between the Housing Authority of the City of Milwaukee (HACM) and Travaux, Incorporated, a Wisconsin non-stock corporation and instrumentality of HACM
Analysis
Body
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) and Travaux, Incorporated desire to share services, facilities, equipment and expertise in various areas including, but not limited to, real estate development, construction management, public safety, project management and asset management; and
WHEREAS, as the real estate development arm of HACM, Travaux, Inc. shares in the mission of HACM which is to foster strong, resilient and inclusive communities that support self-sufficiency, good quality of life and the opportunity to thrive; and
WHEREAS, HACM has all the power necessary or convenient to carry out and effectuate the purposes and provisions of ss.66.1201 to 66.1211 Stats; and
WHEREAS, consistent with its statutory authority; from time to time HACM also exercises the powers of a redevelopment authority both generally and, with respect to the creation of commercial or mixed-use properties, pursuant to the terms of an Amended and Restated Intergovernmental Cooperation Agreement between the Authority and the Redevelopment Authority of the City of Milwaukee (Expanded HACM Activities), dated January 15, 2015, in order to further its mission to develop affordable housing by providing complementary services, employment, facilities and additional funds to meet the needs of its residents; and
WHEREAS, the HACM and Travaux, Inc. desire to enter into the “Cooperation Agreement” in order to further their shared mission and to promote the exercise of the HACM’s statutory powers; now, therefore be it:
RESOLVED, that the Cooperation Agreement Contract for Receipt and Furnishing of Services, Mate...
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