Number
190323
Version
ORIGINAL
Reference
Sponsor
ALD. LEWIS
Title
Resolution creating Neighborhood Improvement District No. 11 (River Ridge) and approving its Initial Operating Plan, in the 9th Aldermanic District.
Analysis
This resolution establishes a Neighborhood Improvement District, pursuant to Wisconsin Statutes, for the area bounded by the River Ridge subdivision, which includes the properties that front West River Ridge Drive, that front North 103rd Street and West Wabash Avenue and that front West Dean Road, North 102nd Court and North 100th Street. Also, this 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 River Ridge 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 River Ridge 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, that Neighborhood Improvement District No. 11 (River Ridge) and the associated District Board are created; and, be it
Further Resolved, That the Initial Operating Plan for NID No. 11 is adopted; and, be it
Further Resolved, That the City Treasurer, City Comptroller and other affected departments are directed to collect and disburse NID...
Click here for full text