Number
151750
Version
ORIGINAL
Reference
071239
Sponsor
THE CHAIR
Title
Resolution approving a Land Disposition Report and the RACM conveyance to the Milwaukee Metropolitan Sewerage District of 4250 North 35th Street for stormwater management purposes for the 30th Street Industrial Corridor, in the 1st Aldermanic District.
Analysis
This resolution will permit RACM to convey 4250 North 35th Street to MMSD for stormwater management purposes for the 30th Street Industrial Corridor.
Body
Whereas, As indicated in the Land Disposition Report, a copy of which is attached to this Common Council File, on December 13, 2007, by passage of Resolution No. 9970 following a public hearing, the Redevelopment Authority of the City of Milwaukee (“RACM”) approved a Redevelopment and Eminent Domain Contract with Integrated Mail Industries, Ltd. (“IMI”) in which RACM agreed to use its eminent domain powers to acquire privately owned property to facilitate IMI’s expansion needs and to retain and expand employment in the 30th Street Industrial Corridor; and
Whereas, RACM’s action also approved the blight designation and acquisition of the private properties at 3478 West Hopkins Street, 4250 North 35th Street and 4260-4300 North 35th Street from Bee Bus Lines, Inc. (“Bee Bus”) and the subsequent conveyance to IMI for expansion; and
Whereas, The Common Council of the City of Milwaukee, through adoption of File No. 071239 on January 15, 2008, confirmed the blight designation, approved the acquisition by RACM and approved the Blight Designation Summary and Land Disposition Report dated December 13, 2007; and
Whereas, The purpose of said acquisition was to advance the public good and public welfare and to reduce or eliminate blight and blighted areas, to promote redevelopment of the 30th Street Industrial Corridor, to aid in redevelopment of the subject parcels and its neighboring parcel, to assist in economic development and betterment and to promote employment and public wel...
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