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File #: 980086    Version: 0
Type: Resolution Status: Passed
File created: 5/5/1998 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 7/7/1998
Effective date:    
Title: Resolution to vacate the City right-of-way for North Holton Street between North Commerce Street and the Milwaukee River, to declare surplus and authorize conveyance of the land to the Redevelopment Authority of the City of Milwaukee, and to approve a lease for the property between the Redevelopment Authority and Lakefront Brewery, Inc., in the 6th Aldermanic District. (DCD)
Sponsors: THE CHAIR
Indexes: BEER LINE B AREA PROJECT, LEASES, REDEVELOPMENT AUTHORITY, STREET VACATIONS, SURPLUS PROPERTY
NUMB:
980086
VERS:
ORIGINAL
REF:
970953
XXBY:
THE CHAIR
TITL:
Resolution to vacate the City right-of-way for North Holton Street between North Commerce Street and the Milwaukee River, to declare surplus and authorize conveyance of the land to the Redevelopment Authority of the City of Milwaukee, and to approve a lease for the property between the Redevelopment Authority and Lakefront Brewery, Inc., in the 6th Aldermanic District. (DCD)
ANLS:
- Analysis -

This resolution will vacate the unimproved right-of-way beneath the Holton Street Bridge, declare the land surplus to municipal needs, authorize conveyance to the Redevelopment Authority, and approve a lease between the Redevelopment Authority and Lakefront Brewery, Inc.
BODY:
Whereas, A resolution directing a report on the proposed vacation was presented to the Common Council of the City of Milwaukee by the City of Milwaukee on the 23rd day of September, 1997 for the vacation of the City right-of-way for North Holton Street between North Commerce Street and the Milwaukee River, in the 6th Aldermanic District; and

Whereas, A resolution directing a report on the proposed vacation was passed by the Common Council on October 14, 1997 under File No. 970953; and

Whereas, The land beneath the Holton Street Bridge is located in the Beerline "B" Redevelopment Project Area and the Redevelopment Authority of the City of Milwaukee ("Authority") desires to acquire this land after vacation; and

Whereas, The City Plan Commission has determined that the land beneath the Holton Street Bridge has no possible municipal need; and

Whereas, After acquisition, the Authority desires to lease this property to Lakefront Brewery, Inc., which is acquiring the adjacent property at 1872 North Commerce Street for its brewery; and

Whereas, Pursuant to Section 66.431, Wisconsin Statutes, a Public Hearing was conducted on April 30, 1998, by the Authority on the disposition of the property and a Land Disp...

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