City of Milwaukee - File #: 081637

• File #: 081637
• Version: 1
• Type: Resolution
• Status: Placed On File
• File created: 3/25/2009
• In control: PUBLIC WORKS COMMITTEE
• Final action: 3/24/2010
• Title: : Substitute resolution approving Lease Agreement between Waters’ New Biotech Company and the Port of Milwaukee.
• Sponsors: THE CHAIR
• Indexes: AGREEMENTS, LEASES, PORT OF MILWAUKEE

Date	Ver.	Action By	Action	Result	Tally
3/24/2010	1	COMMON COUNCIL	PLACED ON FILE	Pass	14:0
3/9/2010	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR PLACING ON FILE	Pass	5:0
3/4/2010	1	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
9/24/2009	1	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
5/5/2009	1	COMMON COUNCIL	REFERRED TO	Pass	14:0
4/22/2009	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Eric Reinelt, Port Director Mr. Water, President, Waters' New Biotech Company	Pass	5:0
4/16/2009	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
4/16/2009	1	CITY CLERK	DRAFT SUBMITTED
3/23/2009	0	COMMON COUNCIL	ASSIGNED TO

Number

081637

Version

Substitute 1

Reference

Sponsor

The Chair

Title:

Substitute resolution approving Lease Agreement between Waters’ New Biotech Company and the Port of Milwaukee.

Analysis

This resolution would approve lease agreement with Waters’ New Biotech for 3.7 acres of real property located on the South Harbor Tract of the Port of Milwaukee.  The term of the lease is for 15 years commencing May 1, 2009 and terminating April 30, 2024; and

Body

Whereas, Waters’ New Biotech is an operating and manufacturing entity for the production, storage, and distribution of wood pellet products, an alternative biomass fuel source; and

Whereas, Waters’ New Biotech desires a waterfront location to construct and operate wood pellet manufacturing and export facility at the Port of Milwaukee; and

Whereas, The Board of Harbor Commissioners at their meeting of April 9, 2009 acted by vote of the Board to approve this lease agreement; 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 between Waters’ New Biotech and the City of Milwaukee, by and through its Board of Harbor Commissioners for the period of May 1, 2009 through April 30, 2024; and, be it 

Further Resolved, That the designated officers of said government and of said Board of Harbor Commissioners are hereby authorized and directed to execute an agreement to carry out this purpose.

Drafter:

Port of Milwaukee

ECR

i:watersbiotechlseccres.doc

4/15/09