City of Milwaukee - File #: 021559

• File #: 021559
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 2/11/2003
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 3/4/2003
• Title: Resolution declaring the City parking lot at 2626 West Wells Street surplus to municipal needs and accepting an unsolicited Offer to Purchase from West Pointe, LLC for use as parking for its adjacent mixed-use development, in the 4th Aldermanic District. (DCD-Real Estate)
• Sponsors: ALD. HENNINGSEN
• Indexes: PARKING, PARKING LOTS, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
3/14/2003	0	MAYOR	SIGNED
3/4/2003	0	COMMON COUNCIL	ADOPTED	Pass	15:0
2/25/2003	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
2/19/2003	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED	Pass	3:0
2/17/2003	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
2/13/2003	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
2/13/2003	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
2/13/2003	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
2/12/2003		PUBLIC WORKS COMMITTEE	REFERRED TO
2/11/2003	0	COMMON COUNCIL	ASSIGNED TO

Number
021559
Version
ORIGINAL
Reference
920379
Sponsor
ALD. HENNINGSEN
Title
Resolution declaring the City parking lot at 2626 West Wells Street surplus to municipal needs and accepting an unsolicited Offer to Purchase from West Pointe, LLC for use as parking for its adjacent mixed-use development, in the 4th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will declare a City-owned parking lot surplus to municipal needs and permit the City of Milwaukee to convey the property according to the conditions in the Land Disposition Report.
Body
Whereas, The parking lot at 2626 West Wells Street receives limited use and the Department of Public Works has indicated that the property is surplus to municipal needs; and

Whereas, The parking lot is currently leased to another adjacent property owner but lessee has indicated a willingness to terminate the lease to foster redevelopment in the area; and

Whereas, The parking lot is situated behind the building at 2632 West Wells Street that is to be redeveloped by the West Pointe, LLC as a mixed-use property containing 14 residential condominiums and 6,200 square feet of commercial space; and

Whereas, West Pointe, LLC has submitted an unsolicited Offer to Purchase 2626 West Wells Street for assemblage with its adjoining land to provide parking for its mixed-use development as summarized in the Land Disposition Report, a copy of which is attached to this Common Council File; and

Whereas, The Department of City Development has reviewed the preliminary development plans and recommends acceptance of said Offer to Purchase; and

Whereas, The City Plan Commission has determined that the parking lot is surplus to municipal needs; and

Whereas, Prior to the transfer or sale of said property, an exemption is required from the provision of Common Council File No. 920379, which placed a moratorium on the purchase, sale or construction of any new or existing City parking facilities un...