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Committee approves up to $1 million short-term allocation to CDA to remove structures at 1405 S. 90th St.
Summary
The committee approved a resolution to allocate up to $1,000,000 to the Community Development Authority to raze and remove structures at 1405 South 90 Second Street, structured as a short-term loan to be repaid by the developer when financing is secured.
The City of West Allis Economic and Development Committee approved a resolution authorizing the city to allocate up to $1,000,000 to the Community Development Authority (CDA) to raise and remove structures at 1405 South 90 Second Street under an agreement with F Street 90 Second LLC.
Committee members explained the allocation is…
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