REDEVELOPMENT AUTHORITY
TL;DR
The Milwaukee Redevelopment Authority held a meeting to approve key financial and development documents for 2025. The board reviewed a term sheet for Tax Incremental District No. 91 (Park Place), which could impact future urban development in the 9th Aldermanic District. They also reviewed their 2023 financial statements and prepared the 2025 operating budget.
Key Decisions
- Park Place Tax Incremental District Term Sheet Approved
- 2025 Meeting Schedule Approved
- 2025 Operating Budget Approved
- 2023 Financial Statements Review Accepted
Agenda
- The Redevelopment Authority of the City of Milwaukee Meeting will be a hybrid with in-person and virtual options available. Instructions, virtual access and meeting details can be found on the Redevelopment Authority website: https://city.milwaukee.gov/DCD/BoardsCommissions/racm. Individuals wishing to provide testimony relating to this matter are encouraged to do so via the following methods: 1. Submit comments via email no later than one business day prior to the start of the meeting: RACMInfo@milwaukee.gov. 2. Microsoft Teams (viewing and participation) - Please see below for details on how to watch the meeting online. There is a chat feature that will allow you to submit questions or comments during the meeting. Please join the September 19, 2024 RACM Board meeting from your computer or mobile app Or call in (audio only) +1 414-251-0392, 627658419# United States, Milwaukee Phone Conference ID: 627 658 419#
- Pledge of Allegiance
- Roll Call
- Minutes
- Resolution approving a term sheet and authorizing expenditures from Tax Incremental District No. 91 (Park Place), in the 9th Aldermanic District.
- 5. Resolution approving a term sheet and authorizing expenditures from Tax Incremental District No. 91 (Park Place), in the 9th Aldermanic District.Resolution
- Resolution approving the 2025 meeting schedule.
- 7. Resolution approving the 2025 meeting schedule.Resolution
- Resolution approving the 2025 Redevelopment Authority of the City of Milwaukee Operating Budget.
- 9. Resolution approving the 2025 Redevelopment Authority of the City of Milwaukee Operating Budget.Resolution
- Review and Acceptance of RACM’s 2023 Financial Statements by Baker Tilly.
- Other Business
- Adjournment
- Untitled item
- In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting.
- Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202.