NUMB:
000003
VERS:
SUBSTITUTE
REF:
990948
XXBY:
TITL:
Substitute resolution authorizing declaring as surplus the city parking structures located at 1000 North Water Street, 841 North 7th Street, and 742 North 2nd Street, directing a disposition by conveyance to the Redevelopment Authority of the City of Milwaukee, and authorizing certain other actions necessary for the City to approve in order for the Redevelopment Authority to convey the properties.
ANLS:
Analysis
Substitute resolution authorizing declaring as surplus the city parking structures located at 1000 North Water Street, 841 North 7th Street, and 742 North 2nd Street, directing a disposition by conveyance to the Redevelopment Authority of the City of Milwaukee, and authorizing certain other actions necessary for the City to approve in order for the Redevelopment Authority to convey the properties.
BODY:
Whereas, Common Council File No. 990948, adopted December 17, 1999, contemplated that, if the Common Council determined the parking structures at 1000 North Water Street, 841 North 7th Street, and 742 North 2nd Street ("Subject Properties") were surplus to the City, there would be certain procedures necessary to complete transfer of such properties to the Redevelopment Authority of the City of Milwaukee ("Redevelopment Authority"); and
Whereas, The Commissioner of Public Works has indicated that the Subject Properties are excess to the needs of that department and could be transferred to the Redevelopment Authority for sale to a third party, in combination with the Redevelopment Authority owned parking structure at 324 West Highland Avenue ("Redevelopment Authority Structure"); and
Whereas, Pursuant to 304-49 Milwaukee Code of Ordinances (MCO), the City Plan Commission will be requested to make a determination concerning the Subject Properties and possible transfer to the Redevelopment Authority for disposition; and
Whereas, The Department of City Development...
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