Title
Resolution approving a Demonstration Landscaping Grant by and between the City of West Allis and Pan-O-Gold Baking Co., located at 11224 West Rogers St., in an amount not to exceed $30,000 funded through Community Development Block Grant Program
Body
WHEREAS, City of West Allis is committed to redeveloping underutilized sites and blighted sites within the City; and,
WHEREAS, the property located at 11224 West Rogers St. is a former freight terminal that had been for sale for several years; and was vacant for an extended period of time;
WHEREAS, the Grant is necessary to eliminate and to prevent the spread of blight as defined in Section 66.1131(3) of Wisconsin Statutes; and,
WHEREAS, the Pan-O-Gold Co., bakers of Village of Hearth Breads, purchased the property for $700,000 and invested an additional $840,000 in renovation of the building and landscaping of the property; and,
WHEREAS, the Pan-O-Gold Co., has brought 15 employees to West Allis; and,
WHEREAS, the Department of Development staff has indicated to the company that their use as a wholesale bakery distribution center is a viable business; and,
WHEREAS, the Pan-O-Gold Baking Co. has requested financial assistance for the costs incurred for landscaping and in order to make the economics of the site work while establishing a new standard for the area; and,
Whereas, the Department of Development has determined the program is eligible for funding under the Community Development Block Grant guidelines; and,
WHEREAS, it is fitting and proper to enter into a Landscaping Demonstration Grant Contract which sets forth the obligations of the property owners and the City, a copy of which is attached hereto and made a part hereof.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that the Landscaping Demonstration Grant Contract, a copy of which is attached hereto and made a part hereof, be and is hereby approved.
BE IT FURTHER RESOLVE...
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