Number
090915
Version
Substitute 1
Reference
061026
Sponsor
ALD. HINES
Title
Substitute resolution facilitating development of Franklin Square Apartments on West Center Street and North Teutonia Avenue by approving the blight designation and acquisition by the Redevelopment Authority of five City-owned vacant lots, authorizing conveyance of the lots and one Authority-owned property to Franklin Square Apartments, LLC, and authorizing an option-to-purchase for the adjacent parcels for non-residential development, in the 15th Aldermanic District.
Analysis
Adoption of this substitute resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will approve the blight designation and acquisition of the properties by the Redevelopment Authority of the City of Milwaukee utilizing the procedures set forth in Section 66.1333, Wisconsin Statutes, and will authorize subsequent conveyance of these properties and other Authority-owned property to a third party for redevelopment according to the conditions in a Blight Designation Summary and Land Disposition Report.
Body
Whereas, By adoption of File No. 061026 on December 12, 2006, the Common Council of the City of Milwaukee (“Council”) authorized sale of land in the vicinity of West Center Street and North Teutonia Avenue to GFG Real Estate for a two-phase affordable housing development consisting of Teutonia Gardens Apartments and a second building at 2777 North Teutonia Avenue; and
Whereas, GFG Real Estate successfully completed the Teutonia Gardens Apartments, but has revised its plans for the second phase to include additional land on West Center Street and to construct 37 units of affordable housing in two buildings to be named Franklin Square; and
Whereas, GFG Real Estate has created Franklin Square Apartments, LLC to acquire the Redevelopment Authority’s (“Authority”) property at 2777 North Teutonia Avenue and also has requested that it acquire the City-owned vacant lots at 1408, 1414, 1418-20, 1426 and 1432 West Center Street for assemblage with property it acquired privately; and
Whereas, The Authority proposes to acquire the City-owned lots so that all property can be under common ownership to facilitate document preparation and closing; and
Whereas, Section 66.1333(5)(c), Wisconsin Statutes, as amended, enables the Authority, with the approval of the Council, to acquire blighted property without designating a boundary or adopting a redevelopment plan; and
Whereas, The City waived its right to the statutory notice and a public hearing was conducted on November 17, 2009 by the Authority pursuant to Section 66.1333(5)(c), Wisconsin Statutes; and
Whereas, After the hearing, the Authority determined the properties to be blighted within the meaning of Section 66.1333(4)(bm), Wisconsin Statutes, as summarized in a Blight Designation Summary and Land Disposition Report, a copy of which is attached to this Common Council File, and requested approval of these acquisitions by the Council; and
Whereas, After acquisition, the Authority desires to convey these properties and the Authority-owned property at 2777 North Teutonia Avenue to Franklin Square Apartments, LLC, and to grant an option-to-purchase to the Redeveloper for adjacent vacant lots for future non-residential development; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that it is found, determined and reaffirmed that:
1. The City-owned vacant lots at 1408, 1414, 1418-20, 1426 and 1432 West Center Street, as identified in the Blight Designation Summary and Land Disposition Report, are blighted within the meaning of Section 66.1333(4)(bm), Wisconsin Statutes, as amended.
2. The objectives of the Authority cannot be achieved solely through rehabilitation of these properties.
3. These acquisitions are feasible and conform to the general plan of the City; and, be it
Further Resolved, That the acquisition of these properties is approved and the Council:
1. Pledges its cooperation in helping to carry out these acquisitions.
2. Directs that no new construction shall be permitted or authorized at these properties by any agencies, boards or commissions of the City under local codes or ordinances unless as authorized by the Council under Section 66.1333(6)(e), Wisconsin Statutes.
3. Directs the various public officials, departments, boards and agencies of the City having administrative responsibilities in the premises likewise to cooperate to such end and to exercise their respective functions and powers in a manner consistent with the objectives of these acquisitions.
4. Stands ready to consider and take appropriate action upon proposals and measures designed to effectuate these acquisitions; and, be it
Further Resolved, That the City Clerk is directed to transmit a certified copy of this resolution to the Commissioner of the Department of Public Works, the Commissioner of the Department of Neighborhood Services, the City Engineer, the Assessment Commissioner, the Redevelopment Authority of the City of Milwaukee and to such other agencies, boards and commissions of the City having administrative jurisdiction in the properties described above; and, be it
Further Resolved, That the Commissioner of the Department of City Development, or designee, is authorized to convey the City-owned vacant lots to the Authority for no monetary consideration; and, be it
Further Resolved, That the Blight Designation Summary and Land Disposition Report dated November 17, 2009, with respect to the proposed sale and option of the properties, is approved; and, be it
Further Resolved, That if any lots are encumbered by City deed restrictions that prohibited construction, required use as green space or were prohibited from division and/or combination, the Commissioner of the Department of City Development, or designee, is authorized to execute Release of Deed Restrictions so that clear title may be granted to the Redeveloper; and, be it
Further Resolved, That the proper City officials are authorized to execute an Emerging Business Enterprise Agreement with the Redeveloper.
Drafter
DCD-Redevelopment Authority
MFH:mfh
11/11/09