[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]
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.
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]
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.
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.
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").
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.
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.
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.
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.
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.