Number
171768
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. PEREZ
Title
Substitute resolution terminating Neighborhood Improvement District No. 8 (Walker’s Point), in the 12th Aldermanic District.
Analysis
This substitute resolution terminates Neighborhood Improvement District No. 8, pursuant to Wisconsin Statutes, for the area bounded by South 3rd Street on the west, West Greenfield Avenue on the south, the railroad or the Milwaukee River on the east and West Seeboth Street on the north.
Body
Whereas, Several property owners in Neighborhood Improvement District (“NID”) No. 8 have submitted a petition requesting the City of Milwaukee (“City”) to terminate the NID; and
Whereas, Within 30 days of filing the petition, the City Plan Commission received testimony regarding the termination of the NID at a meeting noticed by certified mail and the publication of a Class II Notice under Chapter 985 of State Statutes; and
Whereas, Following a 30-day period for property owners to add to the petition or retract their signatures, said petition has been reviewed and deemed by the City to meet State Statutes Section 66.1110 requirements for the termination of the NID; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that NID No. 8 shall be terminated on the date on which the obligation with the latest completion date entered into to implement NID No. 8’s Operating Plan expires and NID No. 8 provides the City with an additional independent certified audit upon termination of NID No. 8; and, be it
Further Resolved, That all City officials, departments, boards and commissions are directed to take all actions and provide such assistance, as needed, to carry out the intent and purpose of this resolution for the termination of NID No. 8.
Drafter
DCD:Natanael.Martinez:nm
05/10/18