NUMB:
980362
VERS:
ORIGINAL
REF:
970479, 971511
XXBY:
THE CHAIR
TITL:
Resolution voiding various agreements between the City of Milwaukee and the Wisconsin Department of Transportation and between the City of Milwaukee and Williams Steel and Supply Company, Inc. and releasing a spur track easement accepted by the City of Milwaukee from the Williams Steel and Supply Company, Inc. (Infrastructure Services Div.)
ANLS:
- Analysis -
At the request of Williams Steel & Supply Company, Inc. (Williams), the City of Milwaukee agreed to enter into agreements with Williams and the Wisconsin Department of Transportation (WISDOT) for the purpose of securing a Transportation Economic Assistance (TEA) Grant to pay a portion of the cost of constructing a new railroad spur track to serve Williams' expanded plant at 999 East Armour Avenue. Williams has determined that it is in their best interest to proceed without the City's or WISDOT'S assistance. This resolution serves to void the agreements/easements which have been entered into, to date.
BODY:
Whereas, Resolution File Number 970479, adopted by the Common Council of the City of Milwaukee on July 11, 1997, authorized the City of Milwaukee's participation, with Williams Steel & Supply Company, Incorporated and the Wisconsin Department of Transportation (WISDOT) in a Transportation Economic Assistance (TEA) Grant project to construct an industrial railroad spur track to serve the expanded Williams Steel processing and distribution center located at 999 West Armour Avenue in the City of Milwaukee; and
Whereas, Resolution File Number 971511, adopted by the Common Council of the City of Milwaukee on February 10, 1998, accepted an easement from Williams Steel in order to fulfill a requirement of the TEA Grant; and
Whereas, Williams Steel has determined that it is in their best interest to construct the railroad spur track themselves, without financial or technical assistance from the City or from the WISDOT; and
Whereas, The City's only interest in the project was to assist Williams Steel, and all of the City's costs are to be reimbursed by Williams Steel; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the agreements entered into with Williams Steel & Supply Company, Incorporated and the Wisconsin Department of Transportation are hereby voided; and, be it
Further Resolved, That the proper City officers are hereby authorized and directed to execute the Release of City of Milwaukee Spur Track Easement at Williams Steel & Supply Company, Inc., a copy of which is attached to Resolution File Number 980362, and incorporated in this resolution by reference as though set forth in full; and, be it
Further Resolved, That the City Comptroller, upon receipt of satisfactory proof of full payment from Williams Steel, shall close out the accounts which have been established for this project, as follows:
Account No. Description Appropriations
32-557-3010 Construction $183,000
32-557-3090 Revenues-TEA 60,000
32-557-3095 Revenues-Wms.Steel 123,000
DFTR:
Infrastructure Services Division
DAN:cjt
May 18, 1998
WILLIAMS