Resolution, 081079, proposed the authorization of a $200,000 forgivable loan from the 2008 Development Fund to support expanded production capacity for two Super Steel Products Corp locations in Milwaukee. Although Super Steel Products Corp is in the process of closing a factory in Glenville, N.Y, it is positioned to benefit by expanded rail service in Southeast Wisconsin if projects such as the KRM move forward as Super Steel Products Corp builds and refurbishes passenger rail cars. The loan itself would be forgiven if Super Steel Products Corp creates 150 new jobs in the next five years. This resolution was approved and will now go before the Common Council.

Another item of interest was the authorization of travel spending to attend meetings of the National League of Cities’ Board of Directors and International Council.  Alderman Davis was recently elected to a two year term on National League of Cities Board of Directors which requires him to travel to represent the City of Milwaukee.  Both Alderman Witkowiak and Alderman Wade took a minute to thank Alderman Davis for his efforts and indicated they believed his efforts were of value to the city. This resolution was approved and will now go before the Common Council.