Number
071701
Version
ORIGINAL
Reference
Sponsor
ALD. DONOVAN
Title
Resolution authorizing an easement with Wisconsin Bell, Inc. on the City-owned property at 2706 South 49th Street, in the 8th Aldermanic District.
Analysis
This resolution authorizes an easement for the installation of aboveground and underground utility facilities on City-owned property.
Body
Whereas, Wisconsin Bell Inc., doing business as AT&T - Wisconsin, provides telecommunication services to the City of Milwaukee (“City”) through facilities adjacent to and on the City-owned vacant lot at 2706 South 49th Street; and
Whereas, Wisconsin Bell Inc. has requested a permanent easement on the East 10 feet of this lot to install, maintain and upgrade its facilities under the conditions outlined in the AT&T - Wisconsin Exclusive Easement, a copy of which is attached to this Common Council File; and
Whereas, Wisconsin Bell, Inc. has offered the City $3,000 as consideration for the easement, which represents fair compensation given the limited marketability of the lot and potential loss in value; and
Whereas, The Department of City Development (“DCD”) and the Department of Public Works have reviewed the easement and recommend approval; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that said easement with Wisconsin Bell Inc. at the City-owned vacant lot at 2706 South 49th Street is approved and that the proper City officials are authorized to execute the Easement; and, be it
Further Resolved, That the sale proceeds, minus a 30 percent disposition cost reimbursement to the Redevelopment Authority of the City of Milwaukee, shall be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD/Real Estate
YSL:ysl
04/09/08/A