Council adopts resolution creating Tax Incremental District No. 111 in 3rd District
Today (Tuesday, December 13), the Common Council adopted file #221109 – a resolution approving a project plan, authorizing expenditures, authorizing grant agreements, and creating Tax Incremental District (TID) No. 111 (East North Avenue), in the 3rd Aldermanic District. The TID consists of 10 properties on East North Avenue between North Oakland Avenue and the Milwaukee River, and will assist in funding up to $3,800,000 in public infrastructure improvements along East North Avenue, as well as $100,000 towards commercial property renovation.
Public infrastructure improvements funded by the TID will be conducted in two phases and include traffic calming elements added to North Avenue, bike amenities, street trees and additional landscaping, pedestrian improvements and plaza, and public art.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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