City of Milwaukee - File #: 130070

• File #: 130070
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 4/30/2013
• In control: COMMON COUNCIL
• Final action: 5/21/2013
• Title: Resolution authorizing an Option to Purchase with Century City Training Center, LLC for the City-owned vacant lots at 4101 and 4131 North 31st Street for assemblage with its adjoining property and development of a mixed-use project containing a job training center, affordable housing and a charter high school and with a green infrastructure for stormwater management, in the 1st Aldermanic District.
• Sponsors: ALD. HAMILTON, ALD. WADE
• Indexes: CHARTER SCHOOLS, CITY PROPERTY, EMPLOYEES - TRAINING, HOUSING, STORMWATER MANAGEMENT, VACANT LOTS

Date	Ver.	Action By	Action	Result	Tally
5/30/2013	0	MAYOR	SIGNED
5/21/2013	0	COMMON COUNCIL	ADOPTED	Pass	12:0
5/14/2013	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Vanessa Koster, Department of City Development Jason Korb, Korb Tredo Architects Howard Snyder, Northwest Side Community Development Corporation Elaine Miller, Department of City Development Arlisia McHenry, 1st Aldermanic District Legislative Assistant Ald. Ashanti Hamilton, 1st Aldermanic District Michael Loughran, Department of Public Works Coordination Manager	Pass	5:0
5/8/2013	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
5/8/2013	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/30/2013	0	COMMON COUNCIL	ASSIGNED TO	Fail

Number
130070
Version
ORIGINAL
Reference

Sponsor
ALD. HAMILTON AND WADE
Title
Resolution authorizing an Option to Purchase with Century City Training Center, LLC for the City-owned vacant lots at 4101 and 4131 North 31st Street for assemblage with its adjoining property and development of a mixed-use project containing a job training center, affordable housing and a charter high school and with a green infrastructure for stormwater management, in the 1st Aldermanic District.
Analysis
This resolution authorizes the sale of a City-owned Development Property pursuant to Section 304-49-5 and 304-49-7, Milwaukee Code of Ordinances, according to the terms and conditions in a Land Disposition Report.
Body
Whereas, The Northwest Side Community Development Corporation (“NWSCDC”) in partnership with Gorman and Company, Inc. (“Gorman”) has proposed to develop a job training, affordable housing and educational facility at a property it is acquiring at 3100 West Capitol Drive in the Century City area; and

Whereas, The project will be financed in part with a High Impact Project Low Income Housing Tax Credit allocation from the Wisconsin Housing and Economic Development Authority (“WHEDA”) and a Green Infrastructure Grant from the Milwaukee Metropolitan Sewerage District (“MMSD”); and

Whereas, NWSCDC and Gorman have created Century City Training Center, LLC (“CCTC”) to develop the project, but need additional land to provide parking and stormwater management; and

Whereas, CCTC has submitted an unsolicited offer to acquire the adjoining City-owned vacant lots at 4101 and 4131 North 31st Street for nominal consideration to meet its parking and stormwater management needs as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File; and

Whereas, Acquisition of the City lots is contingent on CCTC receiving the WHEDA allocation and the MMSD grant in addition to standard City contingencies for plan approval and firm financing; an...