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File #: 240161    Version: 0
Type: Resolution Status: Passed
File created: 5/21/2024 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 6/11/2024
Effective date:    
Title: Resolution authorizing the Lease of the Redevelopment Authority of the City of Milwaukee-owned building at 401 West Wisconsin Avenue, in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN
Indexes: CITY PROPERTY, LEASES
Attachments: 1. Land Disposition Report and Due Diligence Checklist, 2. Fiscal Impact Statement, 3. ZND Presentation, 4. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/14/20240 MAYOR SIGNED   Action details Meeting details Not available
6/11/20240 COMMON COUNCIL ADOPTEDPass12:0 Action details Meeting details Not available
6/4/20240 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearing: Dan Casanova, Dept. of City Development Nathaniel Davauer, Draft & Vessel Mr. Casanova and Davauer gave a presentation.
Pass5:0 Action details Meeting details Video Video
5/21/20240 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
240161
Version
ORIGINAL
Reference

Sponsor
ALD. BAUMAN
Title
Resolution authorizing the Lease of the Redevelopment Authority of the City of Milwaukee-owned building at 401 West Wisconsin Avenue, in the 4th Aldermanic District.
Analysis
This resolution permits the Redevelopment Authority of the City of Milwaukee to enter into a lease with Nathaniel Davauer, or an affiliate, for the food and beverage building in Vel R. Phillips Plaza, at 401 West Wisconsin Avenue.
Body
Whereas, The Redevelopment Authority of the City of Milwaukee (“Authority”) owns the property at 401 West Wisconsin Avenue, which includes the Vel R. Phillips Plaza; and

Whereas, One of the features of the Vel R. Phillips Plaza is a building intended for operation by a food and beverage vendor (the “Building”); and

Whereas, The Authority conducted a Request for Proposals to find a food and beverage tenant to lease the Building; and

Whereas, Nathaniel Davauer, or an affiliate (the “Tenant”), submitted a response to the Request for Proposals and was unanimously selected by a review committee; and

Whereas, The Authority held a public hearing on May 16, 2024 to review a Land Disposition Report concerning a proposed lease of the Building to the Tenant; and

Whereas, Pursuant to Wisconsin Statutes, including Wis. Stat. 66.1333 (9), and as a condition precedent to the sale, lease or transfer of land, the Authority staff submits to this file for the Common Council of the City of Milwaukee’s consideration. the Land Disposition Report describing the terms and conditions of the proposed lease; now, therefore, be it

Resolved, That the Common Council of the City of Milwaukee approves the Land Disposition Report attached to this file; and, be it

Further Resolved, That the Common Council of the City of Milwaukee authorizes the Commissioner of the Department of City Development, or designee, to execute the lease and any other documents necessary, and to take such further acts as are or may be...

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