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File #: 060415    Version: 0
Type: Resolution Status: Passed
File created: 7/12/2006 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 7/31/2006
Effective date:    
Title: Resolution approving the Land Disposition Report for part of a property in the Menomonee Valley Industrial Center for sale to Mulhaney Properties, LLC, for development of a corporate office and manufacturing facility for Badger Railing, in the 8th Aldermanic District.
Sponsors: ALD. DONOVAN
Indexes: CITY PROPERTY, MENOMONEE VALLEY PROJECT AREA, PROPERTY SALES
Attachments: 1. Fiscal Note.pdf, 2. Land Disposition Report, 3. Land Disposition Report Attachment-Prospect Data Sheet, 4. Land Disposition Report Attachment-Term Sheet, 5. Fiscal Analysis
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
8/2/20060 MAYOR SIGNED   Action details Meeting details Not available
7/31/20060 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Not available
7/25/20060 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals present: Ald. Donovan - he supports the development Dave Miske - Redevelopment Authority Tom Mulhaney - Badger Railing
Pass3:0 Action details Meeting details Not available
7/20/20060 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
7/20/20060 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
7/12/20060 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

060415

Version

ORIGINAL

Reference

 

Sponsor

ALD. DONOVAN

Title

Resolution approving the Land Disposition Report for part of a property in the Menomonee Valley Industrial Center for sale to Mulhaney Properties, LLC, for development of a corporate office and manufacturing facility for Badger Railing, in the 8th Aldermanic District.

Analysis

This resolution will permit the Redevelopment Authority to convey said land according to the conditions in the Land Disposition Report.

Body

Whereas, Mulhaney Properties, LLC, has offered to purchase an approximately two-acre site at the northeast corner of North Selig Drive and West Milwaukee Road in the Menomonee Valley Industrial Center for development of a corporate office and manufacturing facility for Badger Railing; and

 

Whereas, On July 13, 2006, the Redevelopment Authority of the City of Milwaukee (“Redevelopment Authority”) held a Public Hearing on the proposed land sale as required by Wisconsin Statutes; and

 

Whereas, Pursuant to Wisconsin Statues 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 July 13, 2006, with respect to the proposed sale of the following property, is approved.

 

REDEVELOPMENT PROJECT AREA

 

Milwaukee Road Shops

 

PARCEL ADDRESS

 

Part of 3601 West Canal Street

 

REDEVELOPER

 

Mulhaney Properties, LLC

 

; and, be it

 

Further Resolved, That the proper City officials are authorized to execute an Emerging Business Enterprises Agreement with the Redeveloper and the Redevelopment Authority and any other City of Milwaukee easements or documents necessary to close the transaction.

Drafter

DCD/Redevelopment Authority

DAC:dac

07/12/06/D