City of Madison - File #: 01962

• File #: 01962
• Version: 3
• Name: Allied area redevelopment implementation plan
• Type: Resolution
• Status: Passed
• File created: 8/31/2005
• In control: BOARD OF ESTIMATES (ended 4/2017)
• On agenda: 9/20/2005
• Final action: 9/20/2005
• Enactment #: RES-05-00818
• Title: SECOND SUBSTITUTE - Authorizing the City of Madison to use $100,000 of available TIF funds to hire a consulting firm to assist City staff and the community in the development of a redevelopment implementation plan for the Allied area, and further authorizing the City of Madison to use up to $150,000 of CDBG funds to acquire the property at 2330-34 Allied Drive for approximately $35,000 and relocate the current tenants for approximately $35,000 and demolish the property for approximately $80,000, and amending the 2005 Planning and Development Capital Budget, project #15, "TID 29-Allied Terrace," to provide for the additional expenditure of $100,000 from TIF funds, and authorizing staff to negotiate with Hauk Investments to receive a six-month option to purchase properties located at 2317, 2345, and 2409 Allied Drive.
• Sponsors: David J. Cieslewicz, Kenneth Golden

Date	Ver.	Action By	Action	Result
9/20/2005	3	COMMON COUNCIL	Adopt With Amendment(s)	Fail
9/20/2005	4	COMMON COUNCIL	Adopt	Pass
9/16/2005	3	COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE	Return to Lead with the Following Recommendation(s)	Pass
9/13/2005	3	Mayor's Office	Fiscal Note Required / Approval
9/13/2005	3	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
9/12/2005	3	BOARD OF ESTIMATES (ended 4/2017)	RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER	Pass
9/9/2005	2	Comptroller's Office	Fiscal Note Required / Approval
9/9/2005	2	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
9/6/2005	1	COMMON COUNCIL	Refer
9/6/2005	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
9/6/2005	1	BOARD OF ESTIMATES (ended 4/2017)	Fiscal Note Required / Approval
8/31/2005	1	Mayor's Office	Fiscal Note Required / Approval
8/31/2005	1	Finance Dept/Approval Group	Fiscal Note Pending
8/31/2005	1	Mayor's Office	Referred for Introduction
	1

Fiscal Note
TIF funding expenditure for this project has not been authorized in the 2005 capital budget and therefore will require that the budget be amended. The proposed $100,000 expenditure for the hiring of a consultant is a TIF-eligible expense. It is anticipated that sufficient resources will be available in the TID 29 fund to finance the purchase by the end of 2005. $150,000 for property acquisition, tenant relocation and demolition is available in Federal/CDBG funds.
Title
SECOND SUBSTITUTE - Authorizing the City of Madison to use $100,000 of available TIF funds to hire a consulting firm to assist City staff and the community in the development of a redevelopment implementation plan for the Allied area, and further authorizing the City of Madison to use up to $150,000 of CDBG funds to acquire the property at 2330-34 Allied Drive for approximately $35,000 and relocate the current tenants for approximately $35,000 and demolish the property for approximately $80,000, and amending the 2005 Planning and Development Capital Budget, project #15, "TID 29-Allied Terrace," to provide for the additional expenditure of $100,000 from TIF funds, and authorizing staff to negotiate with Hauk Investments to receive a six-month option to purchase properties located at 2317, 2345, and 2409 Allied Drive.
Body
WHEREAS, the City of Madison adopted the Allied-Dunn's Marsh-Belmar Neighborhoods Physical Improvement Plan for the Allied Dunn's Marsh area; and

WHEREAS, the City of Madison also commissioned a housing study for the Allied Dunn's Marsh area; and

WHEREAS, the Mayor's office created A Vision for the Allied Community which included five goals related to increased communication and cooperation; increased stabalization of the area and working to solve tough problems and creating immediate improvement to the area. This includes increasing the opportunity for owner-occupied housing in the Allied area and continuing to provide affordable housing in the Allie...