Number
251174
Version
Original
Reference
041713
Sponsor
ALD. PRATT
Title
Resolution approving a lease agreement with Compass Minerals America Inc.
Analysis
This resolution is to approve a lease agreement with Compass Minerals America Inc. for approximately 10.214 acres of property located on Port Milwaukee’s South Harbor Tract.
Body
Whereas, On May 3, 2005, the Common Council adopted File Number 041713 authorizing the Board of Harbor Commissioners of the City of Milwaukee to enter into a lease agreement with North American Salt Company for seven parcels of land on the Port’s South Harbor Tract totaling 10.214 acres of property; and
Whereas, Compass Minerals America Inc., formerly North American Salt Company, has been a long-term tenant in good standing with Port Milwaukee; and
Whereas, Both parties have agreed to enter into a new lease for a thirty-year term commencing April 1, 2025 with termination provisions by either party at five-year increments; and
Whereas, Use of the property includes the receiving, handling, storage, packaging, and delivery of salt and other bulk products, as well as office space and operation of public truck scales; and
Whereas, The Board of Harbor Commissioners of the City of Milwaukee approved the lease agreement at its meeting on October 16, 2025; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that said Common Council hereby ratifies and approves the lease agreement with Compass Minerals America Inc. and the City of Milwaukee, by and through its Board of Harbor Commissioners; and, be it
Further Resolved, That the designated officers of said government and said Board are hereby authorized and directed to execute an agreement to carry out this purpose.
Drafter
Port Milwaukee
Brian Kasprzyk
10/31/2025