Number
100631
Version
ORIGINAL
Reference
Sponsor
ALD. WADE
Title
Resolution approving a lease between the Redevelopment Authority of the City of Milwaukee and T-Mobile Central, LLC for a portion of the property at 3533 North 27th Street in the Century City Project Area, in the 7th Aldermanic District.
Analysis
This resolution will permit the Redevelopment Authority to lease said land according to the conditions in a Land Disposition Report.
Body
Whereas, In December 2009, the Redevelopment Authority of the City of Milwaukee (“Authority”) acquired a major portion of the former Tower Automotive facility, including the property at 3533 North 27th Street, for development of the Century City business park; and
Whereas, The Authority’s property acquisition included assignment of an existing lease with T-Mobile Central, LLC (as successor to VoiceStream) for approximately 200 square feet on the roof of Building 65 at 3533 North 27th Street for operation of a cell tower; and
Whereas, Due to limited electrical service and remediation activities being conducted in the project area, the cell tower should be relocated to a different portion of the Century City site; and
Whereas, T-Mobile Central, LLC has agreed to terminate its existing lease on Building 65 and to lease a different portion of the property at 3533 North 27th Street on a long-term basis to construct a free-standing transmission tower that will not interfere with other Century City activities; and
Whereas, The City Attorney’s office has negotiated a Cell Facility Lease Agreement with T-Mobile Central, LLC that allows T-Mobile to sublease space on its new tower and to share any sublease rent on a 50-50 basis with the Authority and that releases the Authority from the prior lease and any relocation obligations under Section 32.19, Wisconsin Statutes; and
Whereas, The Authority conducted a public hearing on the proposed lease on August 19, 2010, as required by Wisconsin Statutes; and
Whereas, Pursuant to Wisconsin Statutes and as a condition precedent to the sale, lease or transfer of land, the Authority submits herewith a Land Disposition Report describing the terms and conditions of the proposed lease; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Land Disposition Report, with respect to the proposed lease of the following property, is approved.
REDEVELOPMENT PROJECT AREA
North 35th Street - West Capitol Drive (Century City) Redevelopment Project Area
PARCEL ADDRESS
Part 3533 North 27th Street
REDEVELOPER
T-Mobile Central, LLC
Drafter
DCD/Redevelopment Authority
EMM:bmm
09/21/10/C