By: Financial Affairs Committee
title
Resolution authorizing a Wisconsin Economic Development Corporation Community Development Investment Grant Application in partnership with Kelly's Greens, 8932 W. North Avenue
body
WHEREAS, Wisconsin Economic Development Corporation (WEDC) Community Development Investment (CDI) provides grant funding of up to 50% for businesses that invest in the redevelopment of cities and the City of Wauwatosa is collaborating with Erin Kelly to apply for grant funding for the renovation of 8932 W. North Avenue for the business, Kelly's Greens;
NOW THEREFORE BE IT RESOLVED by the Common Council of the City of Wauwatosa that the City is authorized to submit a WEDC CDI grant application for the redevelopment of 8932 W. North Avenue, a level III fund transfer not to exceed $250,000 and to authorize staff to enter into a three-party development agreement for said purpose.
recommendation
Recommendation: Approve 6-0