IMMEDIATE ADOPTION
Number
230416
Version
ORIGINAL
Reference
190778, 220294
Sponsor
ALD. TAYLOR
Title
Resolution authorizing an extension to an agreement with RACM, VOW, and VCP regarding 6767 North 60th Street, in the 9th Aldermanic District.
Analysis
This resolution provides an extension for the timeline to execute the development known as the “tiny home” community project at 6767 North 60th Street.
Body
Whereas, In the fall of 2019, the Common Council of the City of Milwaukee (“Common Council”) in File No. 190778 and the Redevelopment Authority of the City of Milwaukee (“RACM”) in RACM File No. 10789 approved a sale of seven acres of the property at 6767 North 60th Street to Veterans Outreach of Wisconsin (“VOW”) for VOW to construct a “tiny home” village for homeless Veterans; and
Whereas, VOW entered into a Purchase and Sale Agreement (“PASA”) with RACM, dated March 31, 2020, and amended by an Amendment dated June 25, 2021 (as amended, that agreement is called the VOW PASA), whereby RACM agreed to convey to VOW Lot 1 of CSM 9190, 6767 North 60th Street, TIN 120-0321-000, Milwaukee, WI (“the Property”); and
Whereas, RACM conveyed the Property to VOW on July 9, 2021 by Quit Claim Deed recorded in the Milwaukee County Register of Deeds Office Document No. 11136826; and
Whereas, Under the VOW PASA, VOW was to build on the Property a “tiny home” community (with at least 24 tiny homes) and a community building for homeless veterans of the U.S. Armed Forces (based on VOW’s similar operations in Racine, Wisconsin); and
Whereas, Due to various factors including the global pandemic, VOW has not commenced construction of the VOW Project and now wishes to convey the Property to Veterans Community Project (“VCP”); and
Whereas, VCP will carry forward the initial VOW project of building on the Property a “tiny home” community and associated community building for homeless veterans of the U.S. Armed Forces that is based on VCP’s similar operations in Kansas ...
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