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Resolution approving funds and authorization to enter into a Master Planning Agreement between the City of Wauwatosa and Irgens for the Milwaukee County Research Park
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WHEREAS, the City is proposing master planning with Irgens to maintain competitiveness, maximize tax base and employment opportunities at the Milwaukee County Research Park;
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Wauwatosa that the proper city officials can enter into an agreement with Irgens to facilitate a master plan agreement for Milwaukee County Research Park as more thoroughly described at the Financial Affairs Committee meeting on March 11, 2025; and
BE IT FURTHER RESOLVED THAT a level three fund transfer from fund balance is authorized into the budget of Tax Incremental District 6 in order to pay the City’s share of the costs associated with the Master Planning Agreement.
By: Financial Affairs Committee
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Recommendation: Approve 8-0