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File #: 232017    Version: 0
Type: Resolution Status: Passed
File created: 4/19/2024 In control: REDEVELOPMENT AUTHORITY
On agenda: 4/18/2024 Final action:
Effective date:    
Title: Resolution relative to application, acceptance, and funding of a Wisconsin Economic Development Corporation Capacity Building Grant for planning activities at the former Northridge Mall site in the City of Milwaukee.
Sponsors: THE CHAIR
Attachments: 1. 041824-7 WEDC Capacity Building Grant RSN Signed, 2. 041824-7 WEDC Capacity Building Grant RSN
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Number
232017

Version
ORIGINAL

Reference

Sponsor
THE CHAIR

Title
Resolution relative to application, acceptance, and funding of a Wisconsin Economic Development Corporation Capacity Building Grant for planning activities at the former Northridge Mall site in the City of Milwaukee.

Analysis

Body
Whereas, the City of Milwaukee, through tax foreclosure, took ownership of the former Northridge Mall site, with addresses of 9009 N. Granville Station Road, 9101 N. Granville Station Road, and 8221 W. Northridge Mall Road, in January 2024; and

Whereas, on behalf of the City of Milwaukee, the Redevelopment Authority of the City of Milwaukee is eligible for grant funds from the Wisconsin Economic Development Corporation (WEDC) that would facilitate market interviews, community engagement, conduct research into the existing conditions of the project area, complete a market analysis, develop a general plan, and obtain technical assistance as the City looks to redevelop the former Northridge Mall site; and

Whereas, the Redevelopment Authority has declared its intent to complete the Capacity Building Grant activities described in the application if awarded funds; and

Whereas, the Redevelopment Authority will maintain records documenting all expenditures made during the Capacity Building Grant period and will allow employees from the WEDC to inspect records and the grant site; and

Whereas, the Redevelopment Authority will adhere to all reporting requirements established by WEDC for the grant program; and

Whereas, the Redevelopment Authority has determined that operation of this Grant program would cost up to $100,000 for planning related activities at the former Northridge Mall site located at N. 76th Street and W. Brown Deer Road in Milwaukee, with a minimum match of 50% of the costs, which will come from the Redevelopment Authority; and

Whereas, the benefits to the Redevelopment Authority from this Grant program exceed the Redevelopment Authority’s...

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