Pursuant to § 66.1333(3), Wis. Stats., the Redevelopment
Authority of the City of Watertown is created as follows:
A. It shall be deemed a separate body corporate and politic for the
purpose of carrying out blight elimination, slum clearance, and urban
renewal programs and projects.
B. For purposes of this section, "HUD projects" shall mean any public
housing project, activity, operation, or expenditure undertaken by
the City of Watertown which is wholly or partly subsidized by funds
received from the United States Department of Housing and Urban Development.
C. It is authorized to act as the agent of the City of Watertown in
planning and carrying out community development programs and activities
approved by the Mayor and Common Council under the Federal Housing
and Community Development Act of 1974, other than HUD projects, and
as agent to perform all acts thereunto, except the development of
the general plan of the City, which may be otherwise performed by
the Planning Commission under §§ 66.1301 to 66.1327,
66.1331, 66.1337 or 66.1105, Wis. Stats.
D. Any programs and projects undertaken by the former Community Development
Authority of the City of Watertown as of or prior to December 20,
2016, other than HUD projects (which shall remain with, and be the
object of, as well as under the control and management of, the Watertown
Housing Authority) shall hereinafter be transferred to, and administered
by, the Redevelopment Authority. Any procedures, hearings, actions
or approvals taken or initiated by the former Community Development
Authority under § 66.1333, Wis. Stats., on pending projects
are deemed to have been taken or initiated by the Redevelopment Authority
as though the Redevelopment Authority had originally undertaken such
procedures, hearings, actions or approvals.
E. Any form of indebtedness issued by the former Community Development
Authority not related to HUD projects shall be assumed by the Redevelopment
Authority, except as indicated herein.
F. The title and any other form of interest in or to real estate now
owned by the former Community Development Authority, other than properties
on which HUD projects occur, shall now vest in the Redevelopment Authority
without further action or conveyance, and all conveyance hereto made
by the Redevelopment Authority of real or personal property is ratified
and confirmed in all respects.
G. Ownership and control of all assets currently owned by the former
Community Development Authority unrelated to HUD projects as of December
20, 2016, shall hereby be transferred to the Redevelopment Authority.
H. All contracts, other than contracts related to HUD projects, entered
into between the federal government and the former Community Development
Authority, or between the former Community Development Authority and
other parties, shall be assumed by the Redevelopment Authority. Contracts
for disposition of real property entered into by the former Community
Development Authority with respect to any project shall be deemed
contracts of the Redevelopment Authority without the requirement of
amendments thereto. Contracts entered into between the federal government
and the former Community Development Authority, other than those related
to HUD projects, shall bind the Redevelopment Authority in the same
manner as though originally entered into by the Redevelopment Authority.
I. The Redevelopment Authority may execute all necessary, convenient
or appropriate documents or instruments to reflect its assumption
of the obligations as set forth herein.
J. How constituted. The Redevelopment Authority shall be constituted
of seven residents of the City of Watertown appointed by the Mayor
and confirmed by 4/5 of the total membership of the Common Council.
In making such appointments, the Mayor and Common Council shall give
due consideration to the general interest of the appointee in redevelopment,
slum clearance or urban renewal programming and shall, insofar as
is possible, designate representatives from the general public, labor,
industry, finance or business groups, and civic organizations. Appointees
shall have sufficient ability and experience in related fields, especially
in the fields of finance and management, to assure efficiency in the
redevelopment program, its planning and direction. At least one of
the seven Commissioners shall be a member of the Common Council. No
more than two of the Commissioners may be officers of the City of
Watertown.
K. Term. The Commissioners who are first appointed shall be designated by the appointing power to serve for the following terms: two for one year, two for two years, one for three years, one for four years, and one for five years, from the date of their appointment. After the first appointments, the term of office is five years. A Commissioner holds office until a successor is appointed and qualified. Removal of a Commissioner is governed by § 66.1201, Wis. Stats. Vacancies and new appointments are filled in the manner provided in Subsection
J.
L. Powers and duties: The Redevelopment Authority shall have all powers
allocated to it under § 66.1333, Wis. Stats.