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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 purpose of this resolution; and, be it

 

Further Resolved, That the Commissioner of the Department of Public Works is directed to enter into any contracts, agreements and instruments necessary to relocate the power line for the 35th Street Viaduct street lighting substation.

Drafter

DCD:YSL:bmm

03/25/10