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File #: 061160    Version:
Type: Resolution Status: Passed
File created: 12/12/2006 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 1/17/2007
Effective date:    
Title: Substitute resolution to expand the boundary for the Metcalfe Park Lease-to-Own Program from North 27th Street to North 39th Street between West Vine and West Center Streets and to declare the City-owned vacant lots in this area surplus to municipal needs and authorize conveyance to Gorman Company, in the 15th Aldermanic District.
Sponsors: ALD. HINES JR.
Indexes: CITY PROPERTY, PROPERTY SALES, SURPLUS PROPERTY
Attachments: 1. Sub Fiscal Note, 2. Gorman Lease Purchase Overview, 3. Land Disposition Report, 4. Fiscal Analysis, 5. CPC Letter
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
1/26/20071 MAYOR SIGNED   Action details Meeting details Not available
1/17/20071 COMMON COUNCIL ADOPTEDPass13:0 Action details Meeting details Not available
1/3/20070   RECOMMENDED FOR ADOPTION

Minutes note: Appearances by: Bunkie Miller, Dept. of City Development-Real Estate Chris Laurent, Senior Development Manager for Gorman & Company Karole KImble, Ald. Hines Staff Assistant
 5:0 Action details Meeting details Not available
1/3/20071 PUBLIC WORKS COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearances by: Bunkie Miller, Dept. of City Development-Real Estate Chris Laurent, Senior Development Manager for Gorman & Company Karole KImble, Ald. Hines Staff Assistant
Pass5:0 Action details Meeting details Not available
12/26/20061 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
12/15/20060 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
12/15/20060 PUBLIC WORKS COMMITTEE REFERRED TO   Action details Meeting details Not available
12/12/20060 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
061160
Version
SUBSTITUTE 1
Reference
051170
Sponsor
ALD. HINES
Title
Substitute resolution to expand the boundary for the Metcalfe Park Lease-to-Own Program from North 27th Street to North 39th Street between West Vine and West Center Streets and to declare the City-owned vacant lots in this area surplus to municipal needs and authorize conveyance to Gorman Company, in the 15th Aldermanic District.
Analysis
This substitute resolution authorizes the sale of a vacant land according to the conditions in the Land Disposition Report pursuant to Section 304-49-17, Milwaukee Code of Ordinances.
Body
Whereas, By passage of Resolution Files No. 051170 on January 18, 2006, the Common Council of the City of Milwaukee authorized sale of vacant City-owned vacant lots between North 27th and North 38th Streets from West North to West Center Streets in the Metcalfe Park neighborhood to Gorman Company for the Metcalfe Park Lease-to-Own housing initiative; and

Whereas, Gorman Company has received affordable housing tax credits from the Wisconsin Housing and Economic Development Authority for the first phase of its Lease-to-Own program, but desires additional lots for Phase II of the program; and

Whereas, Gorman Company has requested that the boundary for its lot purchase be expanded to North 39th Street between West Vine and Center Streets as summarized in the attached Land Disposition Report; and

Whereas, Section 304-49-17 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Department of City Development (“DCD”) has reviewed the offer and the development proposal and has determined that the proposed price and redevelopment represents fair compensation to the City considering the investment in the neighborhood and contribution to the tax base; and

Whereas, DCD also recommends acceptance of an ...

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