Number
231941
Version
SUBSTITUTE RESOLUTION
Reference
091663, 232013
Sponsor
ALD. ZAMARRIPA
Title
Substitute resolution approving an amendment to the easement of the RACM-owned land with Palermos Properties, LLC for properties located at 500 South 33rd Court, 400 South Layton Boulevard, and 500 South 35th Street in the Menomonee Valley Industrial Center and Community Park.
Analysis
This resolution amends an easement approved by the City of Milwaukee on Redevelopment Authority-owned vacant land that allows Palermos Properties, LLC to expand an employee parking lot beneath the 35th Street Viaduct.
Body
Whereas, Palermos Properties, LLC (“Palermos”) owns the property at 3301 West Canal Street; and
Whereas, The Redevelopment Authority of the City of Milwaukee (the “Authority”) owns the adjoining lands at 500 South 33rd Court, 400 South Layton Boulevard, and 500 South 35th Street (the “Property”); and
Whereas, On April 15, 2010 (Resolution No. 10199), the Authority and on May 4, 2010 (Resolution No. 091663), the Common Council of the City of Milwaukee adopted and approved a Parking, Access and Maintenance Agreement and Easement (“Easement”) between Palermos and the Authority pursuant to which the Authority provided an easement of a portion of the Property beneath the 35th Street Viaduct to Palermos, and Palermos improved the easement area as an employee surface parking lot; and
Whereas, Palermos completed the parking facilities to serve Palermos expanded manufacturing operations and the implementation of a stormwater management plan integrated into the larger Menomonee Valley Industrial Center Stormwater Management facility; and
Whereas, Due to the continued success of their operations at their Menomonee Valley facility, Palermos has expressed interest in amending the Easement to allow further expansion of their parking facilities beneath the South 35th Street Viaduct; and
Whereas, Authority staff have reviewed this request and are agreeable to extending the surface parking lot on the Property as depicted on the Land Disposition Report that accompanies this resolution; and
Whereas, A public hearing was conducted at the Authority on April 18, 2024, as required by Wisconsin Statutes; and
Whereas, An amendment to the Easement is on file with the Common Council; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the amendment for the Easement for the Property in the Menomonee Valley Industrial Center and Community Park is accepted and the proper officials are hereby authorized and directed to execute and deliver a First Amendment to Parking, Access and Maintenance Agreement and Easement in substantially the form on file with the Common Council with such minor non-substantive revisions as may be approved by the Commissioner of City Development and the Office of the City Attorney.
Drafter
DCD:David.Misky:dpm
05/01/24