Number
071612
Version
ORIGINAL
Reference
Sponsor
ALD. HAMILTON
Title
Resolution approving a Purchase and Sale Agreement with Eaton Corporation for the acquisition of the property at 3020 West Congress Street for expansion of a Department of Public Works Sanitation District Office and garage at 3021 West Ruby Avenue, in the 1st Aldermanic District.
Analysis
Adoption of this resolution will authorize acquisition of a privately owned property for expansion of a municipal facility.
Body
Whereas, The Department of Public Works (“DPW”) desires to expand its Sanitation District Office and garage at 3021 West Ruby Avenue to allow for a salt dome and additional storage to replace vacated Sanitation Yards at 72nd and Fond du Lac and at 29th and Cameron; and
Whereas, DPW has funds available in the Sanitation Headquarters Modification - Various Sites Account (No. BU11091100) to acquire property and expand the Ruby Sanitation facility; and
Whereas, Eaton Corporation owns the adjacent vacant lot at 3020 West Congress Street (“Eaton Property”) and has indicated that it is willing to sell the 4.20-acre property to the City of Milwaukee (“City”) for $126,000; and
Whereas, The Department of City Development (“DCD”) has reviewed the offering price and determined that the price is reasonable; and
Whereas, A portion of the Eaton Property also will be available to provide storm water management for the 30th Street Industrial Corridor Initiative; and
Whereas, DCD has obtained an independent Phase I Environmental Site Assessment (“Phase I”) of the Eaton Property, as required by the Milwaukee Code of Ordinances, and DCD staff is satisfied that the Phase I report did not indicate any environmental concerns with the Eaton Property that will require environmental testing or remediation expenditures by the City; and
Whereas, DCD, in consultation with the City Attorney’s office, has prepared a draft Purchase and Sale Agreement (“Agreement”) to acquire the Eaton Property, a copy of which is attached to this Common Council File; and
Whereas, The City Plan Commission approved the acquisition of the Eaton Property for municipal use; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the acquisition of the property at 3020 West Congress Street from Eaton Corporation using funds from the Sanitation Headquarters Modification - Various Sites Account (No. BU11091100) is approved; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is authorized to execute the Agreement with the Eaton Corporation for the Eaton Property, upon completion of the Agreement by the City Attorney’s office, and to close the transaction in accordance with the Agreement.
Drafter
DCD-Real Estate
EMM:bmm
03/18/08/A