Number
231459
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. ZAMARRIPA
Title
Substitute resolution relating to the application for, acceptance, and expenditure of a Wisconsin Economic Development Corporation Idle Sites Redevelopment Program Grant on behalf of the United Community Center (UCC).
Analysis
This substitute resolution authorizes the Department of City Development to apply for, accept, and expend an Idle Sites Redevelopment Program Grant from the Wisconsin Economic Development Corporation in the amount of $500,000, with total project costs in excess of $1,000,000, and enter into any contracts or agreements, with the approval of the City Attorney’s Office, to carry out the purpose and intent of this substitute resolution and project.
Body
Whereas, The City of Milwaukee (“City”) is eligible for grant funds from the Wisconsin Economic Development Corporation (“WEDC”); and
Whereas, The implementation of this Idle Sites Redevelopment Program Grant from February 2024 to February 2025 will involve the expenditure of at least $1,000,000 of which $500,000 (50 percent) will be provided by the Grantor, and $500,000 (50 percent) will be provided by the project partner; and
Whereas, The benefits to the City from this grant project appear to exceed the City's obligations to be incurred under this project; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that application for, acceptance, and expenditure of the Idle Sites Redevelopment Program Grant on behalf of the UCC redevelopment project at 1648 South 37th Street and 1645 South 36th Street is authorized, that the project is supported, and that the Department of City Development (“DCD”) shall accept this grant without further approval unless the terms of the grant change as indicated in Section 304-81, Milwaukee Code of Ordinances; and, be it
Further Resolved, That the City Comptroller is authorized to:
1. Commit funds within the project/grant parent of the 2024 Special R...
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