NUMB:
970382
VERS:
SUBSTITUTE 2
REF:
XXBY:
TITL:
Substitute resolution releasing certain reversionary rights of the City of Milwaukee in property owned by Milwaukee County to enable the County to declare such land surplus and available for disposition to the adjacent landowner.
ANLS:
-Analysis-
Adoption of this substitute resolution will authorize the appropriate City officials to execute a quit claim deed or other instrument of release as the City Attorney may recommend for purposes of removing certain restrictions contained in deeds from the City of Milwaukee to Milwaukee County dated December 22, 1939 and January 4, 1991 in connection with a 0.7 acre parcel of land located at 910 East Wisconsin Avenue, provided that Milwaukee County agrees to provisions of an intergovernmental cooperation agreement relating to consideration for such action. Release of the restrictions will facilitate a declaration by the County that the land is surplus and available for disposition and will permit the sale of such parcel, as surplus park land, to the adjoining property owner.
BODY:
Whereas, In the letter dated May 30, 1997, from Mr. Earl Hawkins, Director, Department of Administration, Milwaukee County, to City Clerk, Ronald D. Leonhardt, included as part of this file, Mr. Hawkins requests, on behalf of the County, that certain deed restrictions and reversionary rights contained in deeds from the City to the County for parcels of former City park lands be released; and
Whereas, The subject parcels of land ("Parcels") are situated in the northeast quadrant of the intersection of East Wisconsin Avenue and North Prospect Avenue, which lands previously served as a statuary site for the monument-type statue of Abraham Lincoln now located in front of the War Memorial Center, and are more particularly described as:
Parcel A:
Lots 4, 5 and the South 18 feet of Lot 3 and all of Lot 6, except for streets, but including the East 40 feet of the vacat...
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