Number
110861
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. COGGS
Title
Substitute resolution approving conveyance of the former Garfield Elementary School by the Milwaukee Board of School Directors to the Redevelopment Authority of the City of Milwaukee for the Bronzeville Project, in the 6th Aldermanic District.
Analysis
This substitute resolution authorizes the City, on behalf of the Milwaukee Board of School Directors, to convey the former Garfield Elementary School to the Redevelopment Authority.
Body
Whereas, On September 22, 2011, the Milwaukee Board of School Directors ("MBSD") accepted an unsolicited offer from the Redevelopment Authority of the City of Milwaukee ("RACM") to purchase the former Garfield Elementary School at 2215 North 4th Street; and
Whereas, RACM approved acquisition of the property as part of the North 7th Street-West Garfield/Bronzeville Redevelopment Project Area on September 15, 2011; and
Whereas, RACM believes the school could serve as the cultural focal point for the Bronzeville District as summarized in a Term Sheet, a copy of which is attached to this Common Council File; and
Whereas, Legal title to MBSD real property is held in the name of the City of Milwaukee ("City"), in trust for MBSD, and conveyance of MBSD property requires adoption of a resolution by the Common Council approving such conveyance; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that conveyance of the former Garfield Elementary School at 2215 North 4th Street by MBSD to RACM is approved; and, be it
Further Resolved, That the proper City officials are authorized to execute all documents necessary to effect closure, including easements and releases of City deed restrictions that interfere with development or easements to the City for any public facilities.
Drafter
DCD:DA:da
10/19/11