Number
101123
Version
SUBSTITUTE 1
Reference
030870, 040563, 041593, 050821, 100886
Sponsor
ALD. KOVAC
Title
Substitute resolution approving Amendment No. 5 to the Redevelopment Plan for the Park East Redevelopment Project, in the 3rd Aldermanic District.
Analysis
Adoption of this substitute resolution by at least two-thirds vote of the Common Council removes Block 19 and the undedicated right-of-way located immediately north of Block 19 from the plan boundary to support the construction of a soccer stadium and parking structure for the Milwaukee School of Engineering ("MSOE"). Such approval is a prerequisite for exercising the powers granted to the Redevelopment Authority under Wisconsin law for implementation of the amendment following adoption of this resolution.
Body
Whereas, On December 15, 2003, the Redevelopment Authority of the City of Milwaukee ("Authority") approved Resolution No. 9569 and on June 15, 2004, the Common Council of the City of Milwaukee ("Common Council") adopted File No. 030870, a Redevelopment Plan ("Plan") for the Park East Redevelopment Project, that provided a master plan for development of approximately 64 acres of land after the demolition of the freeway; and
Whereas, The Plan was recorded on August 11, 2004, in the Office of the Register of Deeds of Milwaukee County, Wisconsin, as Document No. 08841218; and
Whereas, On August 19, 2004, via Resolution No. 9641, the Authority and on September 21, 2004, via File No. 040563, the Common Council adopted Amendment No. 1 to the Plan, that prohibits tax exempt uses to enhance the economic viability of Tax Incremental District No. 48 that was created to finance implementation of the Plan; and
Whereas, On April 28, 2005, via Resolution No. 9708, the Authority and on May 3, 2005, via File No. 041593, the Common Council adopted Amendment No. 2 to the Plan, that established a process to allow variances to the maximum height requirements set forth in Document Three: Development Code within the Park East; and
Whereas, On November 17, 2005, via Resolution No. 9764, the Authority and on January 18, 2006, via File No. 050821, the Common Council adopted Amendment No. 3 to the Plan, that clarified zoning and land use conditions; and
Whereas, On December 16, 2010, via Resolution No. 10256, the Authority and on February 8, 2011, via File No. 100886, the Common Council adopted Amendment No. 4 to the Plan, that provided for surface parking as an accessory temporary use for principal buildings, provided certain conditions are met; and
Whereas, On February 6, 2012, the City Plan Commission reviewed Amendment No. 5 to the Plan, which is Exhibit 1, a copy of which is attached to this Common Council File, and determined that it conforms to the Comprehensive Plan for the City of Milwaukee and to local objectives, including appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities and other public improvements in the Project Area; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that Amendment No. 5 to the Park East Redevelopment Plan is approved pursuant to Section 66.1333(11)(b), Wisconsin Statutes; and, be it
Further Resolved, That the City Clerk is directed to transmit to the Authority, the Commissioner of City Development, the Commissioner of Neighborhood Services and the Assessment Commissioner a certified copy of this resolution for recording in the Office of the Register of Deeds of Milwaukee County.
Drafter
DCD:VLK:vlk
02/16/12