City of Milwaukee - File #: 110035

• File #: 110035
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/3/2011
• In control: COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE
• Final action: 5/24/2011
• Title: Substitute resolution authorizing the creation and funding of the St. Paul Avenue Exterior Enhancement Grant Program and approving Program Eligibility Requirements and Guidelines.
• Sponsors: ALD. BAUMAN
• Indexes: ECONOMIC DEVELOPMENT, NEIGHBORHOOD DEVELOPMENT

Date	Ver.	Action By	Action	Result	Tally
6/1/2011	1	MAYOR	SIGNED
5/24/2011	1	COMMON COUNCIL	ADOPTED	Pass	12:1
5/16/2011	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Rhonda Manuel DCD Urban Development Catrina Crane BID #26	Pass	5:0
5/10/2011	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
5/10/2011	0	COMMUNITY & ECONOMIC DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
5/3/2011	0	COMMON COUNCIL	ASSIGNED TO

Number
110035
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. BAUMAN
Title
Substitute resolution authorizing the creation and funding of the St. Paul Avenue Exterior Enhancement Grant Program and approving Program Eligibility Requirements and Guidelines.

Analysis
This substitute resolution authorizes the creation and funding of the St. Paul Avenue Exterior Enhancement Grant Program and approves Program Eligibility Requirements and Guidelines. Specifically, the City Comptroller is directed to transfer $75,000 from the Development Fund Parent Account to the St. Paul Avenue Exterior Enhancement Grant Program Project Account. By doing so, the City may assist property owners and businesses in the targeted St. Paul Avenue business district, leveraging substantial private investment and improvements to the exterior of commercial and light industrial buildings.

Body
Whereas, The Department of City Development has operated a number of business incentive programs for a number of years; and

Whereas, The City-Wide Facade Grant Program and the Retail Investment Fund have provided businesses with development incentives for visible reinvestment in the St. Paul Avenue business district and neighborhood commercial area; and

Whereas, The Common Council of the City of Milwaukee (“Common Council”) created Business Improvement District No. 26 (“BID No. 26”) via File No. 990931 on October 19, 1999, as authorized by Section 66.1109, Wisconsin Statutes, to provide a financing method to allow the Menomonee Valley business district to be self-sustaining; and

Whereas, BID No. 26 has committed $25,000 for the St. Paul Avenue Exterior Enhancement Grant Program (“SPAEEGP” or “Program”); and

Whereas, The SPAEEGP is designed to provide business incentives for exterior improvements to businesses and property owners; and

Whereas, It is recognized that the SPAEEGP requires a set of Program Eligibility Requirements and Guidelines, a copy of which is attached to this Common Council Fi...