Number
240978
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
An ordinance to grant a subterranean space lease to the City of Milwaukee to occupy and maintain a tunnel located beneath an alley adjacent to the premises at 5920 West Center Street (10th Aldermanic District).
Sections
50-4-1 am
Analysis
In accordance with state law, this ordinance grants a subterranean space lease to the City of Milwaukee for the purpose of maintaining an existing tunnel located under an alley adjacent to, and between, two properties with the address 5920 West Center Street, in the 10th Aldermanic District.
...Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1: FINDINGS. In accordance with the provisions of s. 66.0915(4), Wis. Stats., the Common Council of the City of Milwaukee authorizes, directs and agrees that the City of Milwaukee, through the proper City officers, enter into a subterranean space lease with the City of Milwaukee for a term of 99 years for the purpose of allowing Lessee to maintain an existing tunnel connecting two properties, both with the address 5920 West Center Street, as described in the lease, and the Common Council of the City of Milwaukee finds that the area described in the lease is not needed for street, alley or other public purposes and that the public interest will be served inasmuch as the leasing of the subterranean space will aid in the development of the neighborhood.
Part 2. Attached and made part of Common Council File No. 240978 is a copy of such lease in substantially the same form as the lease that will be signed.
Part 3. All ordinances or parts of ordinances contravening the provisions of this ordinance are repealed.
Part 4. The Department of City Development, through its Real Estate Section, shall process, at the expense of the Lessee, the recording of this ordinance and the executed lease with the Milwaukee County Register of Deeds and shall forward the recording information com...
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