City of Milwaukee - File #: 071459

• File #: 071459
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/26/2008
• In control: PUBLIC WORKS COMMITTEE
• Final action: 3/18/2008
• Effective date: 4/5/2008
• Title: A substitute ordinance to grant an airspace lease to BOSTCO, LLC for an existing pedestrian bridge over a portion of North 4th Street between West Wisconsin Avenue and West Michigan Street.
• Sponsors: THE CHAIR
• Indexes: AIR SPACE LEASES

Date	Ver.	Action By	Action	Result	Tally
4/4/2008	1	CITY CLERK	PUBLISHED
3/27/2008	1	MAYOR	SIGNED
3/18/2008	1	COMMON COUNCIL	PASSED	Pass	14:0
3/5/2008	1	CITY CLERK	DRAFT SUBMITTED
3/5/2008	0	PUBLIC WORKS COMMITTEE	SUBSTITUTED	Pass	5:0
3/5/2008	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	5:0
2/28/2008	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
2/27/2008	0	PUBLIC WORKS COMMITTEE	REFERRED TO
2/26/2008	0	COMMON COUNCIL	ASSIGNED TO

Number
071459
Version
SUBSTITUTE 1
Reference

Sponsor
THE CHAIR
Title
A substitute ordinance to grant an airspace lease to BOSTCO, LLC for an existing pedestrian bridge over a portion of North 4th Street between West Wisconsin Avenue and West Michigan Street.

Analysis
This ordinance will grant an airspace lease to BOSTCO, LLC for an existing pedestrian bridge over a portion of North 4th Street between West Wisconsin Avenue and West Michigan Street. BOSTCO, LLC was the assignee of an airspace lease that expired as of March 31, 2007.

Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. FINDINGS. In accordance with the provisions of sec. 66.0915(3), Wis. Stats., (2005-2006), the Common Council of the City of Milwaukee hereby authorizes, directs and agrees that the City of Milwaukee, through the proper city officers, enter into a lease with BOSTCO, LLC for 99 years for the maintenance of an existing pedestrian bridge over North 4th Street between West Wisconsin Avenue and West Michigan Streets, as described in the lease, and connecting two structures owned by BOSTCO, LLC, and the Common Council of the City of Milwaukee hereby finds that the area defined by the airspace lease is not needed for street, alley or other public purposes, and that the bridge will continue to serve the public interest in promoting convenient access to buildings essential to the redevelopment of the downtown area.

Part 2. Attached and made part of the Common Council File No. 071459 is a copy of such lease in substantially the same form as the lease that will be signed, except for technical changes to reflect revisions to the legal description and resulting rental fee.

Part 3. All ordinances or parts of ordinances contravening the provisions of this ordinance are hereby repealed.

Part 4. The Department of City Development, through its real estate section, shall process, with City department funds, the recording of this ordinance wi...