Number
100607
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to application, acceptance and funding of a State of Wisconsin, Department of Natural Resources, Brownfields Site Assessment Grant for assessment and removal of underground storage tanks and demolition on various brownfields throughout the City of Milwaukee.
Analysis
This resolution authorizes the City of Milwaukee, Department of City Development, to apply for, accept and fund a State of Wisconsin, Department of Natural Resources, Brownfields Site Assessment Grant for assessment and removal of underground storage tanks and demolition on various brownfields throughout the City of Milwaukee. The amount of the Grant is $405,000 with an In-Kind City Share of $150,000 and a Grantor Share of $255,000. The In-Kind City Share will come from the Development Fund, other available local match funds and potentially private funds.
Body
Whereas, The City of Milwaukee (“City”) appears to be eligible for grant funds from the State of Wisconsin, Department of Natural Resources, for assessment and remediation of various brownfield sites in the City; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that operation of this Grant program from February 1, 2011 to June 30, 2013 will cost approximately $405,000, of which $255,000, or 62.96 percent, will be provided by the Grantor; and
Whereas, The In-Kind City Share of this Grant program, $150,000, or 37.04 percent, will come from the Development Fund, other available local match funds and potentially private funds:
In-Kind City Share: $150,000
Out-of-Pocket City Share: $-0-
Local, Non-City Share: $-0-
; and
Whereas, The Department of Administration, Intergovernmental Relations Division, has determined that the benefits to the City from this Grant program appear to exceed the City's share of costs and other obligations to be incurred under this program; now, therefore, be it
Resolved, B...
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