City of Milwaukee - File #: 230623

• File #: 230623
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 9/1/2023
• In control: COMMON COUNCIL
• Final action: 9/19/2023
• Title: Resolution authorizing the Redevelopment Authority of the City of Milwaukee to enter into a Cooperation Agreement with MV3, LLC to facilitate roadway improvements within the Kneeland Properties in the Menomonee Valley, in the 4th Aldermanic District.
• Sponsors: ALD. BAUMAN
• Indexes: AGREEMENTS, MENOMONEE VALLEY PROJECT AREA, REDEVELOPMENT AUTHORITY, STREET IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
9/28/2023	0	MAYOR	SIGNED
9/19/2023	0	COMMON COUNCIL	ADOPTED	Pass	14:0
9/7/2023	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Benjamin Timm - Dept. of City Development	Pass	5:0
8/1/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
230623
Version
ORIGINAL
Reference
230595, 221276, 221814
Sponsor
ALD. BAUMAN
Title
Resolution authorizing the Redevelopment Authority of the City of Milwaukee to enter into a Cooperation Agreement with MV3, LLC to facilitate roadway improvements within the Kneeland Properties in the Menomonee Valley, in the 4th Aldermanic District.
Analysis
This resolution authorizes the Redevelopment Authority of the City of Milwaukee to enter into a cooperation agreement with a private land owner to facilitate changes to their parcel, including, but not limited to, completing a Certified Survey Map to modify parcel boundaries, modify easements, complete title work, complete civil engineering work, complete environmental work, and to complete a land swap.
Body
Whereas, The Redevelopment Authority of the City of Milwaukee (“RACM”) is working with the City of Milwaukee Department of Public Works, Wisconsin Department of Transportation, Menomonee Valley Partners, Inc., among others to improve the parcels at 260 North 12th Street, 825 West Hinman Street, and 907 West Hinman Street, which are collectively known as the Kneeland Properties; and

Whereas, The Menomonee Valley 2.0 Plan was adopted by the Milwaukee Common Council in 2015 and identifies the Kneeland Properties as a development priority known as the East Valley Gateway Food and Beverage Cluster; and

Whereas, RACM received funding of approximately $3.2 million from the U.S. Department of Commerce Economic Development Administration to extend West Mt. Vernon Avenue by approximately 1,200 linear feet to the east and install underground utilities to make the approximately nine (9) acres available for new development; and

Whereas, On April 18, 2023 the Common Council approved File No. 221814 for the first amendment to Tax Incremental Financing District No. 57 for use on the Kneeland Properties; and

Whereas, RACM negotiated a Cooperation Agreement with MV3, LLC, who owns the property at 1205 West Mt. Vernon A...