City of Milwaukee - File #: 060151

• File #: 060151
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 5/31/2006
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 6/20/2006
• Title: Resolution amending the Purchase and Sale Agreement with Williams Development Corporation and Phillip Katz-Project Development LLC for the properties at 225 West Capitol Drive and the northern portion of 3901 North 2nd Street to allow an educational use, in the 6th Aldermanic District.
• Sponsors: ALD. MCGEE JR.
• Indexes: AGREEMENTS, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
6/29/2006	0	MAYOR	SIGNED
6/20/2006	0	COMMON COUNCIL	ADOPTED	Pass	15:0
6/13/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Dan Casanova - Dept. of City Development Bill Ornstein - President of Williams Development Corp. Tom Casper - Director of Community Education for Lad Lake Chuck Biller - Williams Development Corp. Phil Katz - present at the table, but did not speak The Dept. of City Development will provide copies of the letters of support that were submitted to the Board of Zoning Appeals. Ald. Murphy would like to get the list of people from the Dept. of City Development who were interested in purchasing this property so he can contact a few of them, as well as language related to the property use stated as part of the request for proposal. If Ald. Murphy has concerns about the request for proposal process, the file will be returned to committee at the Council meeting of June 20th.	Pass	4:0
6/2/2006	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
5/31/2006	0	COMMON COUNCIL	ASSIGNED TO

Number
060151
Version
ORIGINAL
Reference
050585
Sponsor
ALD. MCGEE
Title
Resolution amending the Purchase and Sale Agreement with Williams Development Corporation and Phillip Katz-Project Development LLC for the properties at 225 West Capitol Drive and the northern portion of 3901 North 2nd Street to allow an educational use, in the 6th Aldermanic District.
Analysis
This resolution amends the intended use of a Redevelopment Authority property sale.
Body
Whereas, By adoption of File No. 050585, the Common Council of the City of Milwaukee authorized sale by the Redevelopment Authority of the City of Milwaukee (“Authority”) of property at 225 West Capitol Drive and the northern portion of 3901 North 2nd Street to Williams Development Corporation and Phillip Katz-Project Development LLC (“Redeveloper”); and

Whereas, The Land Disposition Report attached to File No. 050585 indicated that the Authority and the Redeveloper would enter into a Purchase and Sale Agreement for redevelopment of the existing building for commercial and light industrial use; and

Whereas, The Redeveloper’s attempts to secure commercial and industrial tenants have been unsuccessful, and the Redeveloper has received an offer from Lad Lake School to occupy the premises as a school; and

Whereas, On June 15, 2006, the Authority authorized amending the Purchase and Sale Agreement with the Redeveloper to allow the alternate use of the property as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File, on the condition that the Redeveloper obtain the necessary approvals from the Board of Zoning Appeals; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the amendment to the Purchase and Sale Agreement for the properties at 225 West Capitol Drive and 3901 North 2nd Street (part) with Williams Development Corporation and Phillip Katz-Project Development LLC is approved.
Drafter
DCD/Redevelopment Authority
MFH:mfh...