[HISTORY: Adopted by the Common Council of the City of Prescott
as indicated in article histories. Amendments noted where applicable.]
[Adopted as Sec. 2-4-9 of the former City Code]
A.
The Mayor shall, with the confirmation of the Council, appoint five
persons who are citizens of the City as Commissioners of the Housing
Authority. No Commissioner may be connected in any official capacity
with any political party nor shall more than two be officers of the
City of Prescott.
B.
The Commissioners shall each have a staggered term of office of five
years. A Commissioner shall hold office until his successor has been
appointed and has qualified. Vacancies shall be filled for the unexpired
term in the same manner as other appointments. Three Commissioners
shall constitute a quorum. The Mayor shall file with the City Clerk
a certificate of the appointment or reappointment of any Commissioner
and such certificate shall be conclusive evidence of the due and proper
appointment of such Commissioner if such Commissioner has been duly
confirmed as herein provided and has duly taken and filed the official
oath before entering upon his/her office. A Commissioner shall receive
no compensation for his services, but he shall be entitled to the
necessary expenses including traveling expenses incurred in the discharge
of his duties.
When the office of the first Chairperson of the Authority becomes
vacant, the Authority shall select a Chairperson from among its members.
The Authority shall select from among its members a Vice Chairperson,
and it may employ a secretary (who shall be executive director), technical
experts and such other officers, agents and employees, permanent and
temporary, as it may require, and shall determine their qualifications,
duties and compensation. The Authority may call upon the City Attorney
or chief law officer of the City for such legal services as it may
require. The Authority may delegate to one or more of its agents or
employees such powers or duties as it may deem proper.
[Adopted as Sec. 2-4-10 of the former City Code]
A.
The City of Prescott, Wisconsin (the "City") is a municipal corporation
organized and existing under and pursuant to the laws of the State
of Wisconsin and is authorized by § 66.1333, Wis. Stats.,
as amended, by proper resolution of this Common Council, to declare
that there is a need in the City for a redevelopment authority to
transact business and exercise any and all powers, duties and functions
set out in § 66.1333, Wis. Stats., for redevelopment authorities.
B.
Section 66.1333(3), Wis. Stats., authorizes the Redevelopment Authority,
upon proper resolution of this Common Council, to transact business
and exercise any of the powers granted to it in § 66.1333,
Wis. Stats.
C.
It is the finding, determination and declaration of the Common Council
that there exists within the City a need for blight elimination, clearance
of undesirable conditions, and urban renewal and community development
programs and projects (herein sometimes referred to individually or
collectively as "qualified redevelopment projects").
D.
It is the finding, determination and declaration of this Common Council
that the undertaking of qualified redevelopment projects will encourage
well planned, integrated, stable, safe and healthful neighborhoods,
the provision of healthful homes, a decent living environment and
adequate places for employment of the residents of the City.
E.
A Redevelopment Authority established by the City may exercise its
powers to promote qualified redevelopment projects through cooperation
between the Redevelopment Authority and private developers.
A.
It is the finding, determination and declaration of the Common Council
that the City would derive public benefits from the creation of a
Redevelopment Authority and the exercise by the Redevelopment Authority
of its powers under § 66.1333, Wis. Stats., including its
power to issue revenue bonds to provide financing or refinancing for
qualified redevelopment projects to be constructed or which have been
constructed by private developers, including by way of illustration
but not limitation, the following public benefits: the elimination
or prevention of substandard, deteriorated, unsanitary and blighted
areas; the provision and retention of gainful employment opportunities
for the citizens of the City; an increase in the City's tax base;
and the stimulation of the flow of investment capital into the City
with resultant beneficial effects upon the economy in the City.
B.
It is the finding, determination and declaration of this Common Council
that the public interest will be served if the City were to authorize
a Redevelopment Authority in the City.
C.
On the basis of the findings and determinations herein recited, this
Common Council declares that there is a need for and does hereby create
a Redevelopment Authority in the City, to be known as the "Redevelopment
Authority of the City of Prescott, Wisconsin," authorized to transact
business and exercise any and all powers granted to a Redevelopment
Authority under § 66.1333, Wis. Stats., as amended from
time to time.
The Mayor shall, with confirmation of this Common Council, appoint
seven qualified resident persons to serve as Commissioners of said
Redevelopment Authority. Whenever the Mayor of the City shall serve
as a Commissioner of said Redevelopment Authority, he or she shall
act as its Chairperson; otherwise the Chairperson of the Redevelopment
Authority shall be elected from among the commissioners of said Redevelopment
Authority by majority vote of said Commissioners.