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| | | | Meeting convened: 1:50 P.M. | | | |
Roll call
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050145
| 0 | 1) | Communication-Report | Communication from the Department of City Development regarding the 2004 annual report on tax incremental districts.
Minutes note: Individuals present:
Rocky Marcoux and Jim Scherer - Dept. of City Development
Wally Morics and Mike Daun - Comptroller's Office
| RECOMMENDED FOR PLACING ON FILE | Pass | 5:0 |
Action details
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041747
| 3 | 2) | Resolution | Substitute resolution relative to the amendment of guidelines governing demolition, rehabilitation, fire escapes, and signage for selected buildings as well as for streetscapes and new construction within the Pabst Brewery Local Historic District, in the 4th Aldermanic District.
Minutes note: Individuals present:
Rocky Marcoux, Jim Scherer and Martha Brown - Dept. of City Development
Wally Morics and Mike Daun - Comptroller's Office
Tom Gartner - City Attorney's Office
Dan McCarthy - WISPARK
Jerry Franke - Juneau Avenue Partners - developer
Speakers from the public:
Virginia Cassel - 210 N. 37th St.
Richard Stefaniak - 270 E. Highland Ave, Apt. 225
Gail Fitch - 1733 N. Cambridge Ave.
Jim Haertel - 2022 N. 117th St.
Paul Demcak - 1933 N. 2nd St.
Donna Schliaman - 1300 N. Prospect Ave.
Arthur Marburg - 1918 N. Martin Luther King, Jr. Dr.
| RECOMMENDED FOR ADOPTION | Pass | 3:2 |
Action details
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050073
| 1 | 3) | Resolution | Substitute resolution approving a Project Plan and creating Tax Incremental District No. __(Pabst City) and approving the terms of a Cooperation Agreement to implement the Project Plan, in the 4th Aldermanic District.
Minutes note: Individuals present and speakers:
Rocky Marcoux and Jim Scherer -Dept. of City Development
Tom Gartner - City Attorney's Office
Dan McCarthy - WISPARK
Jerry Franke - Juneau Avenue Partners - developer
Ald. Willie Hines
Wally Morics and Mike Daun - Comptroller's Office
Rob Pundit - CH Johnson Consulting
Blunt Hunter - Blunt Hunter Consulting
Att. Bruce Block
Mark Levine - UWM Center for Economic Development
Ald. Joe Davis
Mark Levine - UWM Center for Economic Development
Speakers from the Public:
Johnny Vassallo - Mo's
Supporters:
Ralph Hollmon - Milwaukee Urban League
Doug Neilson - Visit Milwaukee
Robert Gonzalez - City of Milwaukee - National Association of Minority Contractors of Wisconsin
Eric Parker - Wisconsin Regional Training Partnership
Opponents:
Chris Kliesmet - Citizens for Responsible Government
Craig Peterson - 413 N. 2nd St.
David Halbrooks - 2924 E. Linnwood Ave.
RECESS: 7:35 P.M.
RECONVENE: 8:01 P.M.
Motion #1 --
Ald. Hamilton moves to amend the term sheets to require a minimum EBE participation rate of 25% and a minimum RPP participation rate of 30%; and insert 2 additional Further Resolved clauses immediately preceding the existing final Further Resolved clause, as follows:
Further Resolved, That the appropriate city officials including the City Attorney, Commissioner of City Development, and the City Comptroller, are directed to negotiate with the developer to fulfill the intent of the motions to amend the term sheets as approved by the Zoning and Neighborhood Development Committee on July 5, 2005; and, be it
Further Resolved, That the appropriate city officials shall submit the finalized development agreement to the full Common Council for its review and approval by separate resolution; and, be it
Vote: Prevailed. 5-0
Motion #2 --
Ald. D'amato moves to amend the term sheets to require the developer to provide not less than $480,000 per year plus annual CPI increases for the first 10 years of the TIF, to fund year round trolley services or other fixed transit services as they may enhance or replace such trolley services, to include service to all existing and future Business Improvement Districts within a 3-mile radius of Pabst City.
Vote: Prevailed. 5-0
Motion #3 --
Ald. D'Amato moves to amend the term sheets to require that leases for the House of Blues, Gameworks, and the cinemaplex, must provide that each lease be for 10 years with no option for the lessees to opt out of their respective leases.
Vote: Prevailed. 5-0
Motion #4 --
Ald. D'Amato moves to amend the term sheets to establish a tax incremental financing district for Pabst City which provides city funding in the amount of $18 million as a city contribution for “Infrastructure Improvements” to include $2 million for job training, and $23 million in incremental revenues to be repaid to Juneau Avenue Partners, LLC through a Cooperation, Contribution and Development Agreement to be drafted by the appropriate city officials, including the City Attorney, Commissioner of City Development, and the City Comptroller, for a total TIF project of $41 million including associated financing costs as determined by the City Comptroller.
Withdrawn. | AMENDED | Pass | 5:0 |
Action details
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050073
| 2 | | Resolution | Substitute resolution approving a Project Plan and creating Tax Incremental District No. __(Pabst City) and approving the terms of a Cooperation Agreement to implement the Project Plan, in the 4th Aldermanic District. | RECOMMENDED FOR ADOPTION | Pass | 3:2 |
Action details
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