Number
240440
Version
ORIGINAL
Reference
220643, 220400, 240382
Sponsor
ALD. COGGS
Title
Resolution approving the Land Disposition Report and conveyance of the Redevelopment Authority properties at 2307-09 North 6th Street, 2317-25 North 6th Street, 616-20 West North Avenue, 622 West North Avenue, 626 West North Avenue, 628-30 West North Avenue, 2316-18 North 7th Street and 2322 North 7th Street, in the 6th Aldermanic District.
Analysis
This resolution authorizes the conveyance of the Redevelopment Authority of the City of Milwaukee-owned property to Bronzeville Apartments, LLC for redevelopment according to the conditions in a Land Disposition Report pursuant to Sections 304-49-5 and 304-49-8, Milwaukee Code of Ordinances.
Body
Whereas, The North 7th Street-West Garfield Avenue Redevelopment Plan was adopted in 1983; Amendment No. 1 was adopted in 1984, in part to eliminate blighting influences and to attract and promote African-American arts, entertainment and culture within the Redevelopment Plan boundary; and
Whereas, Amendment No. 2 to the North 7th Street-West Garfield Avenue Redevelopment Plan Project Area was adopted in 2005 to facilitate the Bronzeville Cultural and Entertainment District;and
Whereas, The Redevelopment Authority of the City of Milwaukee (“RACM”) owns the Properties (2307-09 North 6th Street, 2317-25 North 6th Street, 616-20 West North Avenue, 622 West North Avenue, 626 West North Avenue, 628-30 West North Avenue, 2316-18 North 7th Street and 2322 North 7th Street); and
Whereas, RACM listed the Properties for sale with a Request for Proposals; it being contemplated that the City property would be transferred to RACM to facilitate the redevelopment, so that all of the properties are under RACM ownership; and
Whereas, Six responses to the RFP were received and the Department of City Development (“DCD”) performed its due diligence regarding the proposals, convened a selection team comprised of City staff and other stakeholders...
Click here for full text