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File #: 160955    Version: 0
Type: Resolution Status: Placed On File
File created: 11/1/2016 In control: COMMON COUNCIL
On agenda: Final action: 1/18/2017
Effective date:    
Title: Resolution canceling real estate taxes levied against certain parcels sold to St. Ann Center for Intergenerational Care, Inc.
Sponsors: ALD. STAMPER
Indexes: PROPERTY TAXES, TAX CANCELLATIONS
Attachments: 1. Fiscal Impact Statement.pdf, 2. PowerPoint Presentation.pdf
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
1/18/20170 COMMON COUNCIL PLACED ON FILEPass14:0 Action details Meeting details Video Video
1/9/20170 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR PLACING ON FILEPass5:0 Action details Meeting details Video Video
1/4/20170 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
1/4/20170 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
11/22/20160 COMMON COUNCIL RETURNED TO COMMITTEE - SIGNATURES

Minutes note: File is not before the Council due to not being countersigned by the Comptroller.
   Action details Meeting details Not available
11/11/20160 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearing: Amy Turim - DCD Jodi Bauer - St. Ann's CFO
Pass4:0 Action details Meeting details Video Video
11/4/20160 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
11/1/20160 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
160955
Version
ORIGINAL
Reference
121465
Sponsor
ALD. STAMPER
Title
Resolution canceling real estate taxes levied against certain parcels sold to St. Ann Center for Intergenerational Care, Inc.
Analysis
This resolution cancels 2015 property taxes, plus delinquent interest and penalties, for the property at 2450 West North Avenue, in the 15th Aldermanic District, owned by St. Ann Center for Intergenerational Care, Inc.
Body
Whereas, On February 21, 2013, the Redevelopment Authority of the City of Milwaukee (“RACM”) approved Resolution No. 10400 and on March 21, 2013, the Common Council of the City of Milwaukee (“City”) adopted File No. 121465, which approved RACM and St. Ann Center for Intergenerational Care, Inc. (“SACICI”) entry into an Agreement for Sale and Redevelopment dated October 16, 2014, recorded at the Milwaukee County Register of Deeds on October 20, 2014 as Document No. 10404748 (“Sale Agreement”), that obligated SACICI to acquire and develop properties combined under Certified Survey Map No. 8641, recorded at the Milwaukee County Register of Deeds on November 24, 2014 as Document No. 10414392 (collectively “Property”), and construct a two-story, approximately 80,000 square-foot building, including approximately 80 surface parking spaces for use as an intergenerational care facility (“Project”); and

Whereas, RACM conveyed the Property to SACICI by Quit Claim Deed and Restrictive Covenants (“Deed”) dated November 19, 2014, recorded at the Milwaukee County Register of Deeds on November 19, 2014 as Document No. 10413589; and

Whereas, The Sale Agreement specified that a Fair Share Payment Agreement was required as a term of the sale of the Property to SACICI; and

Whereas, The Fair Share Payment Agreement (“Fair Share Agreement”) between the City and SACICI was executed on November 19, 2014, recorded at the Milwaukee County Register of Deeds on December 2, 2014 as Document No. 10415994; and

Whereas, SACICI is a 501(c)(3) organization...

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