NUMB:
970641
VERS:
SUBSTITUTE 1
REF:
970458
XXBY:
ALD. HENNINGSEN
TITL:
Substitute resolution amending Common Council File No. 970458 which approved a Cooperation Agreement between the City of Milwaukee, the Neighborhood Improvement Development Corporation, the Wisconsin Housing and Economic Development Authority, and the Redevelopment Authority of the City of Milwaukee relative to the sale of City-owned property to develop new in-fill housing and declaring surplus City-owned property and accepting an Offer to Purchase from the Neighborhood Improvement Development Corporation under the terms stated in the Cooperation Agreement.
ANLS:
- Analysis -
This substitute resolution adds ten City-owned properties to the list of properties to be developed with new in-fill housing in the City, declares the additional properties surplus, and authorizes their sale to NIDC.
BODY:
Whereas, The Common Council of the City of Milwaukee adopted File No. 970458 on July 11, 1997 which approved entering into a Cooperation Agreement between the City of Milwaukee, the Neighborhood Improvement Development Corporation, the Wisconsin Housing and Economic Development Authority, and the Redevelopment Authority of the City of Milwaukee to develop new in-fill housing in the City of Milwaukee; and
Whereas, It has been determined that the following additional City-owned properties are suitable for this type of development and are hereby declared surplus to the City's needs:
1316 West Garfield Avenue
1320 West Garfield Avenue
1326 West Garfield Avenue
1330 West Garfield Avenue
1334 West Garfield Avenue
1336 West Garfield Avenue
1338 West Garfield Avenue
2200 North 14th Street
2204 North 14th Street
2216 North 14th Street
; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the above-mentioned City-owned properties are declared surplus and that File No. 970458 is amended to add said properties to the list of previously approved properties to be developed with new in-fill housing in the City, a copy of the amended list is attached to this Common Council File as Exhibit "A"; and, be it
Further Resolved, That all the terms and conditions stated in Common Council File No. 970458 and in the Cooperation Agreement remain in full force and effect.
ZDPT:
DFTR:
DCD:LJR:amb
7/15/97