$600,000 for Bay View BID?
July 2, 2012
District 14 Alderman Zielinski said that he is working with the Bay View Business Improvement District #44 to raise $600,000 for streetscaping and improvements for businesses in the BID. The district includes businesses on Kinnickinnic Avenue from Becher Street on the north to Morgan Avenue on the south, plus the businesses on Howell Avenue between Lincoln Avenue and the intersection of Kinnickinnic Avenue.
BID board member Steve Ste. Marie, owner of the Bay View Maytag Laundromat, 2510 S. Kinnickinnic Ave., said that funding might be provided by a revenue bond underwritten by the city of Milwaukee; the remaining $300,000 would be financed by a 20-year loan to the BID at 5.5% interest.
The funding will be discussed at the July 9 BID meeting at Joyce Parker Productions, 2685 S. Kinnickinnic. The meeting begins at 9pm. BID meetings are open to the public.
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