Number
001658
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the City of Milwaukee to convey properties to the Milwaukee Metropolitan Sewerage District for the Valley Park Neighborhood Flood Control Project and declare such properties surplus to municipal needs, in the 16th Aldermanic District. (Department of City Development)
Analysis
This resolution declares two City-owned vacant lots surplus to municipal needs and permits the City of Milwaukee to convey property interests to the Milwaukee Metropolitan Sewerage District for the Valley Park Neighborhood Flood Control Project.
Body
Whereas, The Milwaukee Metropolitan Sewerage District ("MMSD") approved the Valley Park Neighborhood Flood Control Project as part of its effort to abate flooding in the Menomonee River Valley; and
Whereas, MMSD's project designates for acquisition the fee simple interest in several properties in the flood plain including the City-owned vacant lots at 635 North 40th Street (Tax Key No. 402-0225-1007) and 428-42 North 42nd Street (Tax Key No. 402-0281-000-2); and
Whereas, MMSD also has requested a temporary construction easement on the City-owned vacant lot at 4026-28 West Clybourn Street (Tax Key No. 402-0244-000-4); and
Whereas, MMSD obtained independent appraisals of the properties and has offered the City of Milwaukee the following amounts:
ADDRESS, LAND AREA, INTEREST, OFFERING PRICE
635 North 40th Street, 2,800 square feet, Fee Simple, $2,200
428-42 North 42nd Street, 16,200 square feet, Fee Simple, $18,000
4026-28 West Clybourn Street, 7,800 square feet, Temporary Construction Easement, $900
; and
Whereas, The City Real Estate Officer has reviewed the offering prices and determined the amounts to be reasonable; and
Whereas, The City Plan Commission and the Public Improvements Committee have determined that the properties have no possible municipal use and are surplus to the City of Milwaukee's needs...
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