City of Milwaukee - File #: 070374

• File #: 070374
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 6/19/2007
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 7/11/2007
• Title: Resolution authorizing the sale of the City-owned vacant lot at 3613 North Palmer Street to Medo, LLC for industrial expansion and to dedicate a portion of the assembled property as public right-of-way, in the 6th Aldermanic District.
• Sponsors: THE CHAIR
• Indexes: CITY PROPERTY, LAND DISPOSITION REPORTS, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
7/18/2007	0	MAYOR	SIGNED
7/11/2007	0	COMMON COUNCIL	ADOPTED	Pass	14:0
7/3/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Elaine Miller and Vanessa Koster - Dept. of City Development Margaret Virling - Vice President and General Manager of Medovations	Pass	5:0
6/28/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/28/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/27/2007	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED; Minutes note: Appearances by: Vanessa Koster, Planning Director, Department of City Development Elaine Miller, Dept. of City Development-Real Estate Margaret Vierling, Vice President and General Manager of Medovation, Inc.	Pass	5:0
6/26/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
6/21/2007	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
6/20/2007	0	PUBLIC WORKS COMMITTEE	REFERRED TO
6/19/2007	0	COMMON COUNCIL	ASSIGNED TO

Number
070374
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution authorizing the sale of the City-owned vacant lot at 3613 North Palmer Street to Medo, LLC for industrial expansion and to dedicate a portion of the assembled property as public right-of-way, in the 6th Aldermanic District.
Analysis
This resolution authorizes the sale of Development Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-7, Milwaukee Code of Ordinances, and permits the City to accept a deed to dedicate a portion of the property as public right-of-way.
Body
Whereas, Medo, LLC, which operates Medovations, Inc. at 102 East Keefe Avenue, desires to construct an addition to its adjacent industrial facility and has submitted an unsolicited offer to purchase the tax-deed vacant lot at 3613 North Palmer Street to assemble the lots for the expansion; and

Whereas, Section 304-49-7 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Department of City Development (“DCD”) has reviewed the offer and the development proposal and has determined that the proposed price and redevelopment represents fair compensation to the City considering the job creation and retention, investment in the neighborhood and contribution to the tax base; and

Whereas, DCD submits herewith a Land Disposition Report, a copy of which is attached to this Common Council File, describing the terms and conditions of the proposed sale; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the Commissioner of DCD, or designee, is authorized to accept the offer to purchase submitted by Medo, LLC for the City-owned vacant lot at 3613 North Palmer Street for purchase and development as outlined in the Land Disposition Report; and, be it

Further Resolved, That the Commissioner...