Number
081453
Version
Original
Sponsor
THE CHAIR
Title
Resolution authorizing and approving conveyance of various parcels of real property held in trust for the benefit of the Milwaukee Public Schools and declared surplus by the Milwaukee Board of School Directors.
Analysis
This resolution authorizes the City, on behalf of the Milwaukee Board of School Directors, the school district organized under Chapter 119 of the Wisconsin Statutes Milwaukee Public Schools (“MPS”) to execute and deliver the instruments, documents and agreements necessary to convey various parcels of real property formerly used for school purposes, which have been declared surplus by MPS and listed on the attached list of surplus MPS properties.
Body
Whereas, MPS, The Boerke Company, Inc., Quarles & Brady, LLP and Central City Valuation Services, (collectively the “Boerke Team”) have entered into a Professional Real Estate Services Contract dated January 12, 2007, providing for the marketing, development and conveyance of real property declared surplus by MPS; and
Whereas, MPS has worked together with the Boerke Team and the City of Milwaukee Department of City Development (“DCD”) in preparing and approving the attached list of surplus MPS real property; and
Whereas, MPS, in cooperation with the Boerke Team is evaluating the potential for marketing, developing or disposing of various individual parcels of surplus real property, including the conveyance of various surplus parcels to private entities and individuals upon terms and conditions acceptable to MPS; and
Whereas, Legal title to MPS real property is held in the name of the City of Milwaukee, in trust for MPS; and
Whereas, The conveyance of surplus MPS real property requires adoption of a resolution by the Common Council authorizing and approving such conveyance and authorizing execution of necessary documentation; and
Whereas, The Common Council desires to authorize the conveyance of all MPS surplus real property listed on Exhibit A, without further Common Council action; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the conveyance of all MPS surplus real property listed on Exhibit A to this resolution upon terms and conditions solicited and documented by the Boerke Team and approved by MPS is hereby approved on behalf of the City; and, be it
Further Resolved, That the proper City officers are authorized to execute and deliver any necessary instruments, documents and agreements relating to the surplus real property listed on Exhibit A, once approved by the Office of City Attorney; and, be it
Further Resolved, That the Department of City Development and Office of the City Attorney shall, upon the request of MPS, assist in the marketing, development, disposition and conveyance of the MPS real property listed on Exhibit A.
Requestor
City Attorney
Drafter
Thomas O. Gartner TOG:mll
February 5, 2009
1034-2007-2848:142404