City of Milwaukee - File #: 170599

• File #: 170599
• Version: 0
• Type: Resolution-Immediate Adoption
• Status: Passed
• File created: 7/31/2017
• In control: COMMON COUNCIL
• Final action: 7/31/2017
• Title: Resolution approving a Land Disposition Report and authorizing the Redevelopment Authority of the City of Milwaukee to enter into a Purchase and Sale Agreement for the properties at 1500 and 1542-46 North 32nd Street and 3131 West Galena Street, in the 15th Aldermanic District.
• Sponsors: ALD. STAMPER
• Indexes: LAND DISPOSITION REPORTS, PROPERTY SALES, REDEVELOPMENT AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
8/9/2017	0	MAYOR	SIGNED
7/31/2017	0	COMMON COUNCIL	ADOPTED	Pass	15:0

IMMEDIATE ADOPTION
Number
170599
Version
ORIGINAL
Reference
081542, 150610
Sponsor
ALD. STAMPER
Title
Resolution approving a Land Disposition Report and authorizing the Redevelopment Authority of the City of Milwaukee to enter into a Purchase and Sale Agreement for the properties at 1500 and 1542-46 North 32nd Street and 3131 West Galena Street, in the 15th Aldermanic District.
Analysis
This resolution approves a Land Disposition Report and authorizes the Redevelopment Authority of the City of Milwaukee to enter into a Purchase and Sale Agreement for the properties at 1500 and 1542-46 North 32nd Street and 3131 West Galena Street.
Body
Whereas, On March 25, 2009, through the adoption of File No. 081542, the Common Council of the City of Milwaukee (“Common Council”) approved the blight designation and acquisition of 1500 and 1542-46 North 32nd Street and 3131 West Galena Street, collectively known as the former Esser Paint properties (“Property”), by the Redevelopment Authority of the City of Milwaukee (“RACM”); and

Whereas, RACM proceeded to demolish a 90,000 plus square-foot industrial building and address site-wide environmental impacts, including friable asbestos, hazardous liquids stored on site and numerous underground storage tanks utilizing funds from the U.S. Environmental Protection Agency, the Department of Housing and Urban Development, the State of Wisconsin Department of Natural Resources and the Wisconsin Department of Commerce (now operating as Wisconsin Economic Department of Commerce); and

Whereas, Further pre-development activities took place on the Property to assemble a 2.32-acre parcel for multi-family development, which is compatible with the City of Milwaukee’s Near North Side Comprehensive Area Plan and the 30th Street Corridor Economic Development Plan; and

Whereas, In December 2014, RACM issued a Request for Development Interest to inform potential developers of the complex site conditions and seek proposals that weigh thes...