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File #: 111405    Version:
Type: Resolution Status: Passed
File created: 2/7/2012 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 5/22/2012
Effective date:    
Title: Substitute resolution authorizing a Purchase, Sale and Development Agreement for the East Library at 1910 East North Avenue with HSI Properties, LLC to approve sale of the property, redevelopment of a mixed-use building and acquisition of the new East Library condominium unit, in the 3rd Aldermanic District.
Sponsors: ALD. KOVAC, ALD. HAMILTON, ALD. COGGS, ALD. WADE
Indexes: AGREEMENTS, PROPERTY SALES, PUBLIC LIBRARY
Attachments: 1. City Plan Commission Letter, 2. Revised Land Disposition and Acquisition Report, 3. Land Disposition and Acquisition Report, 4. Purchase, Sale and Development Agreement-Final, 5. Fiscal Impact Statement, 6. PowerPoint Presentation, 7. Hearing Notice List, 8. Hearing Notice List 3/27/12 Mtg, 9. Hearing Notice List 5/9/12
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/1/20122 MAYOR SIGNED   Action details Meeting details Not available
5/22/20122 COMMON COUNCIL ADOPTEDPass11:0 Action details Meeting details Not available
5/9/20122 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
5/9/20121 CITY CLERK Sponsor added   Action details Meeting details Not available
5/9/20121 PUBLIC WORKS COMMITTEE SUBSTITUTED

Minutes note: Individuals appearing: Ald. Nik Kovac, 3rd District Elaine Miller, Department of City Development Paula Kiely, Milwaukee Public Library Proposed Substitute A was accepted. Ald. Wade asks to be added as a co-sponsor.
Pass5:0 Action details Meeting details Video Video
5/9/20122 PUBLIC WORKS COMMITTEE RECOMMENDED FOR ADOPTIONPass5:0 Action details Meeting details Video Video
5/4/20121 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
5/4/20121 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
5/4/20121 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
5/4/20121 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
3/27/20121 PUBLIC WORKS COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Individuals appearing: Paula Kiely, Milwukee Elaine Miller, Department of City of Development HSI ,Ryan schultz Mark Ernst, -- ANderson
Pass5:0 Action details Meeting details Video Video
3/26/20121 CITY CLERK Sponsor added   Action details Meeting details Not available
3/23/20120 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
3/23/20120 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
3/7/20120 PUBLIC WORKS COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Individual appearng: Elaine Miller, Department of City Development
Pass4:0 Action details Meeting details Video Video
3/2/20120 PUBLIC WORKS COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
2/9/20120 PUBLIC WORKS COMMITTEE REFERRED TO

Minutes note: To Whom It May Concern: The attached file is being referred to you for: Report and reply, preparation of ordinance and fiscal note Further information relating to this file may be found via the Legistar system at http://milwaukee.legistar.com/Legislation.aspx. If you have any questions please feel free to contact Tobie Black at 286-2231.
   Action details Meeting details Not available
2/7/20120 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
111405
Version
SUBSTITUTE 2
Reference

Sponsor
ALD. KOVAC, HAMILTON, COGGS and WADE
Title
Substitute resolution authorizing a Purchase, Sale and Development Agreement for the East Library at 1910 East North Avenue with HSI Properties, LLC to approve sale of the property, redevelopment of a mixed-use building and acquisition of the new East Library condominium unit, in the 3rd Aldermanic District.
Analysis
This substitute resolution authorizes the sale of the City-owned East Library at 1910 East North Avenue for redevelopment and approves the acquisition of a new East Library Condominium according to the conditions in a Land Disposition and Acquisition Report. This resolution also authorizes an Option to Purchase for the new East Library Condominium in the event the unit becomes surplus to municipal needs according to the conditions in the Purchase, Sale and Development Agreement.
Body
Whereas, The Milwaukee Public Library (“MPL”) with assistance from the Department of City Development (“DCD”) published a Request for Proposal (“RFP”) for the sale and redevelopment of the City of Milwaukee (“City”) East Library at 1910 East North Avenue; and

Whereas, The RFP offered the current library property for sale at a nominal cost in exchange for a redevelopment that will provide the shell for a new East Library at no cost to the City under established conditions and that will include a secondary use that will complement MPL patrons, the East North Avenue Business District and East Side residents; and

Whereas, Three conceptual proposals were received before the established deadline and were presented to the MPL Board of Trustees and the public for comment after which the MPL Board of Trustees requested that the three developers prepare more detailed submissions for MPL review and selection; and

Whereas, After a public meeting on the revised submittals, the MPL Board of Trustees selected the proposal submitted by HSI Properties, LLC (“HSI”) as the develop...

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