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File #: 090700    Version: 0
Type: Resolution Status: Passed
File created: 9/22/2009 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 10/13/2009
Effective date:    
Title: Resolution approving the blight designation and acquisition of the City-owned brownfield at 1027 North Edison Street for acquisition and remediation by the Redevelopment Authority of the City of Milwaukee, authorizing assignment to the Redevelopment Authority of the City’s Option to Purchase with Edison Green, LLC and authorizing acceptance of public access and utility easements, in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN
Indexes: BLIGHT DECLARATION, BLIGHTED PROPERTY ACQUISITION, CITY PROPERTY, ENVIRONMENT, REDEVELOPMENT AUTHORITY
Attachments: 1. Blight Designation Summary and Land Disposition Report.pdf, 2. Fiscal Analysis, 3. Fiscal Note.pdf, 4. Hearing Notice List
Number
090700
Version
ORIGINAL
Reference
090213
Sponsor
ALD. BAUMAN
Title
Resolution approving the blight designation and acquisition of the City-owned brownfield at 1027 North Edison Street for acquisition and remediation by the Redevelopment Authority of the City of Milwaukee, authorizing assignment to the Redevelopment Authority of the City’s Option to Purchase with Edison Green, LLC and authorizing acceptance of public access and utility easements, in the 4th Aldermanic District.
Analysis
Adoption of this resolution by at least two-thirds vote of the Common Council of the City of Milwaukee will approve the blight designation of City-owned property for acquisition by the Redevelopment Authority of the City of Milwaukee pursuant to Section 66.1333, Wisconsin Statutes, authorize assignment of the City’s Option to Purchase to the Redevelopment Authority and authorize acceptance of easements.
Body
Whereas, By adoption of File No. 090213, the Common Council of the City of Milwaukee (“Council”) approved extension of the Option to Purchase with Edison Green, LLC (“Edison”) for the City-owned property at 1027 North Edison Street for commercial development; and

Whereas, Due diligence activities prior to purchase revealed that the property had environmental impacts associated with a use prior to City ownership; and

Whereas, The Redevelopment Authority of the City of Milwaukee (“Authority”) has identified a Brownfield Clean Up Grant from the U.S. Environmental Protection Agency (“EPA”) as a potential funding source for remediation, but it must be the property owner to submit a grant application; and

Whereas, For the Authority to acquire property that is not located in a redevelopment project area, the Authority must hold a public hearing and declare the property blighted pursuant to Section 66.1333, Wisconsin Statutes; and

Whereas, The Authority held a public hearing on September 17, 2009, after which it determined the property at 1027 North Edison Street ...

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