City of Milwaukee - File #: 110083

• File #: 110083
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/3/2011
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 6/14/2011
• Title: Substitute resolution approving a Development Plan for the Villard Square Grand Family Housing & Library Mixed Use Housing Community, in the 1st Aldermanic District.
• Sponsors: ALD. HAMILTON, ALD. WADE
• Indexes: PLANNED UNIT DEVELOPMENTS, ZONING, ZONING DISTRICT 01

Date	Ver.	Action By	Action	Result	Tally
6/23/2011	1	MAYOR	SIGNED
6/14/2011	1	COMMON COUNCIL	ADOPTED	Pass	15:0
6/14/2011	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
6/7/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Individuals appearing: Dave Misky, Redevelopment Authority of the City of Milwaukee Tom Gartner, City Attorney's Office Rocky Marcoux, Commissioner, Department of Public Works Craig Kammholz, Comptroller's Office Ald. Ashanti Hamilton, 3rd District	Pass	5:0
6/3/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/3/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/3/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/3/2011	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
5/3/2011	0	COMMON COUNCIL	ASSIGNED TO

Number
110083
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. HAMILTON AND WADE
Title
Substitute resolution approving a Development Plan for the Villard Square Grand Family Housing & Library Mixed Use Housing Community, in the 1st Aldermanic District.
Analysis
Adoption of this substitute resolution by at least two-thirds vote of the Common Council will approve a Development Plan for the Villard Square Grand Family Housing & Library Mixed Use Housing Community, with determinations set forth in Section 66.1303(4), Wisconsin Statutes. Such approval is a prerequisite for implementing a New Markets Tax Credit financing and exercising the powers to be granted to the Century City Redevelopment Corporation under Section 66.1301, Wisconsin Statutes.
Body
Whereas, On April 15, 2010, the Redevelopment Authority of the City of Milwaukee (“Authority”) determined that five properties in the vicinity of North 35th Street and West Villard Avenue qualified as “blighted” under Section 66.1333(2m)3, Wisconsin Statutes, authorized an Agreement for Purchase and Condominium Declaration with Villard Square LLC, authorized a lease with the City of Milwaukee (“City”) for a new City public library and contemplated the financing of the library improvements; and

Whereas, On May 5, 2010, the Common Council of the City of Milwaukee (“Council”) approved the finding of blight pursuant to Section 66.1333(2m), Wisconsin Statutes, of these properties specifically for financing and acquisition by the Authority, authorized a cooperation agreement or other agreements with the Authority for library funding and authorized a lease with the Authority of the City library portion of the site; and

Whereas, The resolutions provided for the implementation of the Villard Square Grand Family Housing & Library Mixed Use Housing Community by the Authority and the City working in cooperation and in anticipation of the utilization of New Markets Tax Credits and City funds for improvements and financing o...