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File #: 091588    Version:
Type: Resolution Status: Passed
File created: 3/24/2010 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 4/13/2010
Effective date:    
Title: Substitute resolution authorizing an expenditure of $25,000 from the Development Fund to relocate electrical service for the 35th Street Viaduct street lighting substation to facilitate the Silver City Townhomes project, in the 8th Aldermanic District.
Sponsors: ALD. DONOVAN
Indexes: DEVELOPMENT FUND, HOUSING
Attachments: 1. Fiscal Note, 2. Hearing Notice List
Number
091588
Version
SUBSTITUTE 1
Reference
080933
Sponsor
ALD. DONOVAN
Title
Substitute resolution authorizing an expenditure of $25,000 from the Development Fund to relocate electrical service for the 35th Street Viaduct street lighting substation to facilitate the Silver City Townhomes project, in the 8th Aldermanic District.
Analysis
This substitute resolution will permit expenditures from the Development Fund to relocate electrical service that currently crosses a City-owned property and that is impeding the development of the property.
Body
Whereas, By adoption of File No. 080933 on November 25, 2008, the Common Council of the City of Milwaukee approved the sale of a portion of 3507 West Pierce Street (“Property”) to Layton Boulevard West Neighbors for the development of affordable housing that is to be known as Silver City Townhomes; and

Whereas, A high-voltage power line that services the 35th Street Viaduct substation for City street lights runs underneath the Property and will impede construction of the project unless the power line is relocated; and

Whereas, Relocating the power line by the buyer would render the Silver City Townhomes project economically infeasible; and

Whereas, Providing $25,000 from the Development Fund in the 2009 Capital Budget will allow the Department of Public Works to relocate the power line and will enable construction of the Silver City Townhomes to commence this Spring as contemplated by File No. 080933; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is directed to transfer $25,000 from the Development Fund Project Account No. 9990-UR03309000A to Account No. 1910-UR03398800; and, be it

Further Resolved, That the City Comptroller, in conjunction with the Commissioner of the Department of City Development, is directed to establish the subaccount and to follow the City guidelines necessary to maintain the fiscal control to carry out the intent and purp...

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