Number
121560
Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution approving a Grant of Easement Agreement related to Accessibility Improvements to the Riverwalk segment located on property owned by Riverbank Plaza LLC, in the 4th Aldermanic District.
Analysis
This resolution authorizes the City of Milwaukee to enter into a Grant of Easement Agreement with Riverbank Plaza LLC and the Board of Business Improvement District No. 15.
Body
Whereas, Riverbank Plaza LLC, a Wisconsin Limited Liability Company (“Grantor”), desires to grant the Board of Business Improvement District No. 15 (“Grantee”) and the City of Milwaukee (“City”) certain easement rights on and across a portion of its property to accommodate a segment of proposed Riverwalk Improvement (the “Accessibility Improvements”); and
Whereas, The proposed Accessibility Improvements will provide ADA access to an existing segment of Riverwalk as required by a Settlement Agreement dated July 6, 2006 among the United States of America, Business Improvement District No. 15, Milwaukee County and the City; and
Whereas, The Grantee and Grantor previously entered into a Riverwalk Development Agreement dated February 28, 1994, and now wish to enter into a Grant of Easement Agreement, a copy of which is attached to this Common Council File, to provide public access to the Accessibility Improvements; and
Whereas, The City is a party to this Grant of Easement Agreement to evidence the City's limited and conditional commitment to reimburse certain of Grantor's expenses to induce the Grantor to provide the grant of easement to include the Accessibility Improvements; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the proper City officials are directed to execute and enter into the Grant of Easement Agreement; and, be it
Further Resolved, That the proper City officials are directed to accept said Easement and that the Commissioner of City Development is directed ...
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