City of Milwaukee - File #: 990129

• File #: 990129
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 4/20/1999
• In control: PUBLIC WORKS COMMITTEE
• Final action: 5/11/1999
• Title: Resolution authorizing City of Milwaukee consent to the Riverwalk Easement and Project Agreement with the Historic Riverwalk Plaza LLC and the Riverwalk Plaza Condominium Association, Inc. (DCD)
• Sponsors: THE CHAIR
• Indexes: AGREEMENTS, BUSINESS IMPROVEMENT DISTRICT 02, EASEMENTS, PUBLIC IMPROVEMENTS, RIVERWALKS

Date	Ver.	Action By	Action	Result	Tally
5/20/1999	0	MAYOR	SIGNED
5/11/1999	0	COMMON COUNCIL	ADOPTED	Pass	15:0
4/28/1999	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
4/21/1999	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
4/20/1999	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
990129
VERS:
ORIGINAL
REF:

XXBY:
THE CHAIR
TITL:
Resolution authorizing City of Milwaukee consent to the Riverwalk Easement and Project Agreement with the Historic Riverwalk Plaza LLC and the Riverwalk Plaza Condominium Association, Inc. (DCD)
ANLS:
- Analysis -

This resolution authorizes the proper City officials to execute the consent to the Riverwalk Easement and Project Agreement between the Historic Riverwalk Plaza LLC, the Riverwalk Plaza Condominium Association, Inc. and Business Improvement District No. 2. This consent is necessary because the easement granted under the Agreement runs to the Board of Business Improvement District No. 2, rather than to the City of Milwaukee as originally authorized under a Development Agreement between the Historic Riverwalk Plaza LLC, the Riverwalk Plaza Condominium Association, Inc. and the City of Milwaukee.
BODY:
Whereas, The Common Council of the City of Milwaukee via File No. 870501, approved the creation of Business Improvement District No. 2 ("BID No. 2") and also approved the initial Operating Plan for BID No. 2 ("Operating Plan") pursuant to Chapter 66.608, Wisconsin Statutes; and

Whereas, The objective of the Operating Plan was to enhance commercial and residential activity in a section of the City known as the Historic Third Ward; and

Whereas, The Historic Riverwalk Plaza LLC and the Riverwalk Plaza Condominium Association, Inc. (collectively the "Owner") is the developer of certain real property located at 141 and 201 North Water Street along the Milwaukee River in the City of Milwaukee, State of Wisconsin (the "Property"); and

Whereas, The Owner is renovating and converting the existing buildings on the Property into an 81-unit condominium development consisting of 79 residential units and two commercial units. In connection with such development, the Owner is also constructing a riverwalk along the western boundary of the Property (the "Riverwalk Improvements") and ...