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File #: 190882    Version:
Type: Resolution Status: Placed On File
File created: 9/24/2019 In control: COMMON COUNCIL
On agenda: Final action: 7/28/2020
Effective date:    
Title: Substitute resolution approving a Project Plan and a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 101 (Century City), in the 7th Aldermanic District.
Sponsors: ALD. RAINEY
Indexes: TAX INCREMENTAL DISTRICTS
Attachments: 1. Century City TID Project Plan Updated, 2. Comptroller Response, 3. Fiscal Impact Statement, 4. PowerPoint Presentation, 5. Hearing Notice List, 6. A Call to Action - Psychological Harm in Slaughterhouse Workers.pdf, 7. Oppose - Amanda Werley.pdf, 8. Oppose - Amy Anschutz.pdf, 9. Oppose - Amy Geyser.pdf, 10. Oppose - Amy Konkol.pdf, 11. Oppose - Andrea Griff.pdf, 12. Oppose - Annika Hobson.pdf, 13. Oppose - Balaji Venkatesan.pdf, 14. Oppose - Barbara Paulini.pdf, 15. Oppose - Becky Knapp.pdf, 16. Oppose - Candace Brookins.pdf, 17. Oppose - Chad and Jennifer Feucht.pdf, 18. Oppose - Claire Bilicki.pdf, 19. Oppose - Clintel Hasan.pdf, 20. Oppose - Erin Weaver.pdf, 21. Oppose - Gabriella Russell.pdf, 22. Oppose - Gina Glembin.pdf, 23. Oppose - Hannah Anderson.pdf, 24. Oppose - Hilda Richey.pdf, 25. Oppose - Holly Snyder.pdf, 26. Oppose - Jeff Stanek.pdf, 27. Oppose - Jennifer Brindley.pdf, 28. Oppose - Jennifer Brown.pdf, 29. Oppose - Jennifer Marty.pdf, 30. Oppose - Jennifer Prill.pdf, 31. Oppose - Jessica Mohagen.pdf, 32. Oppose - Jill Giencke.pdf, 33. Oppose - Jill Milam.pdf, 34. Oppose - Jolynn Palmbach.pdf, 35. Oppose - Katherine Simpson.pdf, 36. Oppose - Kelsey Mui.pdf, 37. Oppose - Kiko and John Molitor.pdf, 38. Oppose - Logan Glembin.pdf, 39. Oppose - Marlena Tzakis.pdf, 40. Oppose - Marti Beutler.pdf, 41. Oppose - Melissa Castillo.pdf, 42. Oppose - Naomi Mathew.pdf, 43. Oppose - Nina Salazar.pdf, 44. Oppose - Paige Hammond.pdf, 45. Oppose - Renee Glembin.pdf, 46. Oppose - Renee Glembin 2.pdf, 47. Oppose - Sara Petermann.pdf, 48. Oppose - Slaughter Free Milwaukee.pdf, 49. Oppose - Stephanie Quinn.pdf
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
7/28/20201 COMMON COUNCIL PLACED ON FILEPass15:0 Action details Meeting details Not available
7/21/20201 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR PLACING ON FILEPass5:0 Action details Meeting details Not available
7/16/20201 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/24/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/15/20191 COMMON COUNCIL REFERRED TO

Minutes note: Bauman moves to send items 61 and 62 back to committee.
Pass15:0 Action details Meeting details Video Video
10/8/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Benjamin Timm, Dept. of City Development Dan Casanova, Dept. of City Development Strauss Brands LLC Jerry Bussen, Strauss Brands LLC Donald Smith, Design Services Inc. Individual testifying in support: Michael Mguyn, University of Wisconsin - Madison student
Pass5:0 Action details Meeting details Video Video
10/2/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/2/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/2/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/2/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/1/20191 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
9/24/20190 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
190882
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. RAINEY
Title
Substitute resolution approving a Project Plan and a Development Agreement, authorizing expenditures and creating Tax Incremental District No. 101 (Century City), in the 7th Aldermanic District.
Analysis
Tax Incremental District No. 101 consists of one property in the Century City business park. The District is proposed to provide funding to assist Strauss Brands, Inc. (the “Company”) in constructing an industrial and office facility on a portion of 3025 West Hopkins Street. The Company will advance all costs for the project. The District will fund an annual payment to the Company for a period of up to 25 years, equal to 100 percent of any incremental property taxes (less $7,500 in annual expenses), resulting from increased taxable value of real and personal property in the District, not to exceed an amount sufficient to repay up to $4,500,000, at 5.5 percent interest.
Body
Whereas, Chapter 105 of the Laws of 1975 of the State of Wisconsin, with amendments from other chapters of said Laws, created Section 66.1105, Wisconsin Statutes, titled “Tax Increment Law;” and

Whereas, Section 66.1105(4) of the Tax Increment Law sets forth certain criteria that the Common Council of the City of Milwaukee (“Common Council”) and the Redevelopment Authority of the City of Milwaukee (“Authority”) must follow to create a Tax Incremental District (“TID” or “District”) and approve a project plan for a TID; and

Whereas, Pursuant to Section 66.1105(4)(a) through (gm), Wisconsin Statutes, on September 19, 2019 the Authority conducted a public hearing on the proposed Project Plan for the District (the “Plan”), designated the boundaries of the District and recommended that the District be created and submitted such recommendation to the Common Council for approval with the Plan, a copy of which is attached to this Common Council File; and

Whereas, Under the provisions of Section 66.1105(4)(gm)4.a., Wis...

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