City of Milwaukee - File #: 090623

• File #: 090623
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 9/1/2009
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 9/22/2009
• Effective date: 10/9/2009
• Title: A substitute ordinance relating to the inclusion of street-paving costs in the project plans for newly-created tax incremental districts.
• Sponsors: ALD. BOHL, ALD. BAUMAN, ALD. WADE
• Indexes: STREET IMPROVEMENTS, TAX INCREMENTAL DISTRICTS, TAX INCREMENTAL FINANCING

Date	Ver.	Action By	Action	Result	Tally
10/8/2009	2	CITY CLERK	PUBLISHED
10/1/2009	2	MAYOR	SIGNED
9/22/2009	2	COMMON COUNCIL	PASSED	Pass	14:0
9/17/2009	2	CITY CLERK	DRAFT SUBMITTED
9/15/2009	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR PASSAGE; Minutes note: As amended.	Pass	5:0
9/15/2009	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	SUBSTITUTED; Minutes note: Individuals appearing: Ald. James Bohl, Jr., District 5 Ald. Bohl requests amending the file: In the analysis, in the third line down, the word "or" should be changed to "and". Also, in the body of the ordinance, in the last paragraph, the word "or" in the fourth line should also be changed to "and". Ald. Wade moves to amend. Prevailed 5-0.	Pass	5:0
9/11/2009	1	CITY CLERK	Sponsor added; Minutes note: Alds. Bauman and Wade
9/4/2009	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/4/2009	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/3/2009	1	CITY CLERK	DRAFT SUBMITTED
9/1/2009	0	COMMON COUNCIL	ASSIGNED TO

Number
090623
Version
SUBSTITUTE 2
Reference

Sponsor
ALD. BOHL, BAUMAN AND WADE
Title
A substitute ordinance relating to the inclusion of street-paving costs in the project plans for newly-created tax incremental districts.
Sections
304-95 cr
Analysis
This ordinance requires the department of city development to include, as project costs in the project plan for any new tax incremental district, the costs of all street paving projects anticipated to occur within the district and within one-half mile of the district’s boundaries within the next 6 years, as identified by the city’s most recent 6-year local street paving program.
Body
Whereas, Section 66.1105(2)(f), Wis. Stats., allows for tax incremental financing to be used to fund the costs of public works or improvements outside a tax incremental district but within one-half mile of the district’s boundaries; and

Whereas, This statutory provision presents an opportunity for the City of Milwaukee to use tax incremental financing to fund street paving and construction projects within one-half mile of tax incremental district boundaries, thereby freeing up street paving dollars in the City’s regular capital budget for use on street projects in areas more than one-half mile from a district; now, therefore

The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 304-95 of the code is created to read:

304-95. Tax Incremental Districts-Inclusion of Street Paving Costs in Project Plans. In preparing the project plan for any new tax incremental district, the department of city development shall include in the plan, as project costs, the costs of all street paving projects anticipated to occur within the district and within one-half mile of the district’s boundaries within the next 6 years, as identified by the city’s most recent 6-year local street paving program. The department of city development shall consult with the department of public works in identifying al...