Number
130267
Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution authorizing a Purchase and Sale Agreement with the Union Pacific Railroad Company for the former railroad right-of-way and abutting pier at 501 East Erie Street and to allow subsequent dedication as public right-of-way for a pedestrian plaza, in the 4th Aldermanic District.
Analysis
This resolution authorizes acquisition by the City of former railroad right-of-way and subsequent dedication of the parcel as public right-of-way.
Body
Whereas, The Union Pacific Railroad Company (“UP”) no longer needs its railroad right-of-way at 501 East Erie Street (Tax Key No. 392-2178-120-5) and abutting pier to provide rail service to The Coachyards; and
Whereas, On July 26, 2012, UP asked the Wisconsin Department of Transportation (“WISDOT”) to release its right of first refusal under Section 85.09, Wisconsin Statutes, that allows it or other governmental entities to acquire abandoned railroad right-of-way prior to other sale; and
Whereas, WISDOT forwarded the request to other state agencies, Milwaukee County and the City of Milwaukee (“City”), but the City was the only governmental entity that expressed interest in possible acquisition of the former right-of-way; and
Whereas, The parcel at 501 East Erie Street abuts an unimproved section of East Polk Street and the Milwaukee River, which makes the site suitable for recreational use or open space if combined with the existing unimproved right-of-way that adjoins the parcel; and
Whereas, City acquisition of 501 East Erie Street and the abutting pier is desirable because the parcel is uniquely situated in an area where the City desires to connect the existing riverwalk along the Harbor Front Condominium to other riverwalk sections to the northwest; and
Whereas, On October 12, 2012, the Commissioner of the Department of City Development (“DCD”) notified WISDOT that the City desired to take an assignment of WISDOT’s right of first refusal...
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