Number
050588
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. MCGEE
Title
Substitute resolution approving the Land Disposition Report for the southern portion of 3901 North 2nd Street for sale to Thomas H. Frentzel for expansion of his adjacent business, in the 6th Aldermanic District. (Redevelopment Authority)
Analysis
This substitute resolution will permit the Redevelopment Authority to convey said land according to the conditions in the Land Disposition Report.
Body
Whereas, On October 20, 2005, the Redevelopment Authority of the City of Milwaukee held a Public Hearing on the proposed sale as required by Wisconsin Statutes; and
Whereas, Pursuant to Wisconsin Statutes and as a condition precedent to the sale, lease or transfer of land, the Redevelopment Authority submits herewith a Land Disposition Report describing the terms and conditions of the proposed sale; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Land Disposition Report dated October 20, 2005, with respect to the proposed sale of the following properties is approved.
REDEVELOPMENT PROJECT AREA
Blight Elimination/Riverworks Industrial Center (Tax Incremental District No. 24)
PARCEL ADDRESS
3901 North 2nd Street (part)
REDEVELOPER
Thomas H. Frentzel
Drafter
DCD/Redevelopment Authority
MFH:mfh
10/31/05