City of Milwaukee - File #: 051563

• File #: 051563
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 3/23/2006
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 5/9/2006
• Title: Resolution declaring the improved, tax-deed property at 4720 West Lisbon Avenue and the adjacent City parking lot at 4732 West Lisbon Avenue surplus to municipal needs and authorizing the marketing and sale of the combined property for commercial redevelopment, in the 15th Aldermanic District.
• Sponsors: THE CHAIR
• Indexes: PARKING LOTS, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
5/15/2006	0	MAYOR	SIGNED
5/9/2006	0	COMMON COUNCIL	ADOPTED	Pass	15:0
5/2/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
4/24/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/24/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/24/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/24/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/5/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Individuals present: Tim McMurtry - A.D. 15 aide - he asks that this be held one cycle as there might be other development coming in that might utilize the lot and building. Karen Taylor - Dept. of City Development - the department has no objections to that.	Pass	5:0
3/29/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/29/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/29/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/29/2006	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED	Pass	5:0
3/27/2006	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
3/27/2006	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
3/24/2006	0	CITY CLERK	REFERRED TO
3/23/2006	0	COMMON COUNCIL	ASSIGNED TO

Number
051563
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution declaring the improved, tax-deed property at 4720 West Lisbon Avenue and the adjacent City parking lot at 4732 West Lisbon Avenue surplus to municipal needs and authorizing the marketing and sale of the combined property for commercial redevelopment, in the 15th Aldermanic District.
Analysis
This resolution permits the Department of City Development to market and sell an improved, tax-deed property and a City parking lot in a manner supportive of and consistent with uses in the neighborhood.
Body
Whereas, The City of Milwaukee (“City”) acquired a vacant commercial building at 4720 West Lisbon Avenue (Tax Key No. 328-1231-100-9) in the Uptown Crossings Business Improvement District through tax foreclosure and the property is suitable for sale and redevelopment with a business that contributes to the Uptown neighborhood; and

Whereas, This building has virtually no on-site parking and marketing of the property will be enhanced by selling it with the adjacent City parking lot at 4732 West Lisbon Avenue (Tax Key No. 328-1232-100-4); and

Whereas, The Department of Public Works has indicated that this parking lot is underutilized and supports sale of this lot with the adjacent tax-deed property on the condition that a portion of the sale proceeds be returned to the Parking Fund; and

Whereas, The Department of City Development (“DCD”) proposes to market the combined properties through a Request for Proposal on DCD’s web site at an asking price of $141,500 for a commercial redevelopment to complement the Uptown Crossings business district; and

Whereas, DCD will review the submitted proposals in terms of offering price, proposed use and its contribution to the business district and surrounding neighborhood, amount of proposed investment and the buyer’s experience and financial capability; and

Whereas, The Commissioner of DCD or designee shall be authorized to execute an Offer to Pu...