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01962
| 3 | | Allied area redevelopment implementation plan | Resolution | AMENDED 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 aAuthorizing 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. | Return to Lead with the Following Recommendation(s) | Pass |
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