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File #: 101546    Version: 0
Type: Resolution Status: Passed
File created: 4/12/2011 In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
On agenda: Final action: 5/3/2011
Effective date:    
Title: Resolution authorizing expenditures related to Accessibility Improvements to the downtown Riverwalk system.
Sponsors: THE CHAIR
Indexes: AGREEMENTS, BUSINESS IMPROVEMENT DISTRICT 15, RIVERWALKS
Attachments: 1. Fiscal Impact Statement.pdf, 2. Hearing Notice LIst
Number
101546
Version
ORIGINAL
Reference
051694
Sponsor
THE CHAIR
Title
Resolution authorizing expenditures related to Accessibility Improvements to the downtown Riverwalk system.
Analysis
Common Council File No. 051694, adopted on May 9, 2006, approved a Settlement Agreement between the United States of America, the City of Milwaukee (“City”) and Business Improvement District (“BID”) No. 15 relating to a complaint filed under the Americans with Disabilities Act. Per the Agreement, the City and BID No. 15 must improve nine (9) segments of Riverwalk in the downtown portion of the system to meet current ADA standards. The established budget for the project is $4,797,473, which is funded initially by the City with 22 percent of such amount to be repaid to the City by BID No. 15.
Body
Whereas, The City of Milwaukee (“City”) and Business Improvement District (“BID”) No. 15 entered into a Riverwalk Development Agreement (“Agreement”) for the district dated May 23, 1994; and

Whereas, The Agreement established the standards, rules and procedures for construction of the downtown Riverwalk; and

Whereas, The Agreement has been amended 14 times; and

Whereas, The City and BID No. 15 previously approved a funding plan for these Accessibility Improvements based upon an initial estimated cost for the project of $1,500,000; and

Whereas, The current budget for the anticipated Accessibility Improvements indicated a cost of up to $4,797,473; and

Whereas, BID No. 15 has agreed to contribute toward the cost of the Accessibility Improvements in an amount equal to the 22 percent standard used throughout the Riverwalk development program; and

Whereas, The share for BID No. 15 is estimated to be $910,714, which will be paid back to the City by the BID under the terms and conditions of the original Agreement; and

Whereas, The Common Council of the City of Milwaukee (“Common Council”) authorized the expenditure of an additional $724,000 for payment of the City’s share of A...

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