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File #: 101178    Version: 0
Type: Resolution Status: Passed
File created: 1/19/2011 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 2/8/2011
Effective date:    
Title: Resolution authorizing the transfer and expenditure of funds from the Development Fund for environmental testing, remediation and demolition on brownfield properties in the City of Milwaukee.
Sponsors: THE CHAIR
Indexes: DEMOLITIONS, DEVELOPMENT FUND, ENVIRONMENT, MENOMONEE RIVER VALLEY, MENOMONEE VALLEY PROJECT AREA
Attachments: 1. List of Brownfield Projects, 2. Fiscal Impact Statement, 3. Hearing Notice LIst, 4. Fiscal Analysis
Number
101178
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution authorizing the transfer and expenditure of funds from the Development Fund for environmental testing, remediation and demolition on brownfield properties in the City of Milwaukee.
Analysis
This resolution directs the Department of City Development to proceed with a proactive program of testing and remediation of brownfield sites with redevelopment potential, utilizing $500,000 from the 2011 Development Fund, which includes $250,000 for city-wide brownfields and $250,000 for special assessments of properties located in the Menomonee Valley Industrial Center.
Body
Whereas, The City of Milwaukee (“City”) has recognized that brownfield properties, whose use and redevelopment are complicated by actual or perceived environmental contamination, are an important factor affecting tax delinquency, blight and other development issues facing the City; and

Whereas, The Menomonee Valley Industrial Center (“MVIC”) includes brownfield properties owned privately and by the Redevelopment Authority of the City of Milwaukee (“RACM”) requiring special tax assessments in the approximate amount of $250,000 per year; and

Whereas, State laws, particularly regarding municipal liability exemptions and cost recovery, allow the City to be more aggressive in dealing with brownfields with limited risk; and

Whereas, The City desires to take a proactive approach toward reclaiming brownfields and specifically provided funds to the Department of City Development's (“DCD”) Development Fund for brownfield activities as a replacement for the previously existing Environmental Testing Subfund; and

Whereas, Environmental testing is important to demonstrate either that properties are clean or to define the extent of contamination so that property transactions and redevelopment may occur; and

Whereas, The additional funding will provide DCD with the tools and the flexibility needed to address brownfield sites, in...

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