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Resolution approving the East Tosa Business Improvement District
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WHEREAS, property owners along North Avenue from 60th Street to Wauwatosa Avenue petitioned the City to create a Business Improvement District (BID) and adopt the initial operating plan and assessment policy as submitted to the City; and
WHEREAS, the City Plan Commission, in accordance with Section 66.1109 of Wisconsin State Statutes, designated a proposed Business Improvement District and recommended approval of the initial operating plan after conducting the necessary public hearing and providing proper public notice, including allowing a 30-day period in which affected property owners within the proposed BID were given the opportunity to petition against the formation of the BID; and
WHEREAS, less than 40% of the valuation of all property to be assessed within the proposed BID submitted petitions against the creation of the BID;
NOW THEREFORE BE IT RESOLVED, that the Common Council of the City of Wauwatosa hereby approves the establishment of the East Tosa Business Improvement District along North Avenue from 60th Street to Wauwatosa Avenue, and the Mayor is directed to appoint and the Common Council to approve the establishment of the East Tosa Business Improvement Board to conduct operations of the BID.
By: Plan Commission
recommendation
Recommendation: Approve 7-0