NUMB:
981632
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution authorizing the proper City Officials to execute an Out-of-Program Agreement between Toldt Development, Inc. and the City of Milwaukee for design and construction of public improvements related to a residential subdivision to be known as Cherokee Point. (DPW)
ANLS:
- ANALYSIS - This resolution approves an Out-of-Program Agreement for the Cherokee Point residential subdivision to be located generally south of West Morgan Avenue, east of South 43rd Street and north of West Howard Avenue. Under the terms of the agreement, the City would design the project's public improvements, the City or the Developer would let the construction contracts therefore, and the City would inspect the work. All public improvement costs would be borne by the developer.
BODY:
Whereas, Toldt Development, Inc. proposes to develop a residential subdivision consisting of condominiums and one and two unit structures on vacant land located generally south of West Morgan Avenue, east of South 43rd Street and north of West Howard Avenue; and
Whereas, A zone change allowing the proposed development has been previously approved by the Common Council; and
Whereas, The developer wishes to enter into an Out-of-Program Agreement with the City of Milwaukee regarding the design, construction and funding of the public improvements needed to support the project; and
Whereas, An Out-of-Program Agreement has been prepared and is attached to this file; and
Whereas, Under the terms of the agreement, the City would design the required public improvements, the Developer or the City would let construction contracts, and the City would inspect the work; and
Whereas, If contracts for the public improvement work are let by the developer, normal City requirements for DBE involvement and resident hiring will still apply; and
Whereas, All costs associated with the public improvements will be the responsibili...
Click here for full text