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File #: 161617    Version: 0
Type: Resolution Status: Passed
File created: 3/1/2017 In control: COMMON COUNCIL
On agenda: Final action: 3/28/2017
Effective date:    
Title: Resolution authorizing the sale of the City-owned tax deed properties at 1826 West Fond du Lac Avenue, 2135 North 18th Street and 2122 North 18th Street to Adams Garden Park LLC, for development, in the 15th Aldermanic District.
Sponsors: ALD. STAMPER
Indexes: CITY PROPERTY, PROPERTY SALES
Attachments: 1. Fiscal Impact Statement, 2. Land Disposition Report and Due Diligence Checklist, 3. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
4/6/20170 MAYOR SIGNED   Action details Meeting details Not available
3/28/20170 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Not available
3/21/20170 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Yves LaPierre, Department of City Development Sharon Adams, Adams Garden Park LLC Larry Adams, Adams Garden Park LLC
Pass5:0 Action details Meeting details Video Video
3/15/20170 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
3/15/20170 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
3/1/20170 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
161617
Version
ORIGINAL
Reference

Sponsor
ALD. STAMPER
Title
Resolution authorizing the sale of the City-owned tax deed properties at 1826 West Fond du Lac Avenue, 2135 North 18th Street and 2122 North 18th Street to Adams Garden Park LLC, for development, in the 15th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Development Property and Neighborhood Property according to the conditions in a Land Disposition Report pursuant to Sections 304-49-4, 304-49-5 and 304-49-8, Milwaukee Code of Ordinances.
Body
Whereas, Adams Garden Park LLC desires to develop the vacant lots at 1826 West Fond du Lac Avenue, 2135 North 18th Street and 2122 North 18th Street for the creation of an Urban Garden Center and has submitted an unsolicited offer to purchase; and

Whereas, Section 304-49-8 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Department of City Development (“DCD”) has reviewed the offer and the development proposal and has determined that the proposed price and development represent fair compensation to the City considering the offering price and investment in the neighborhood; and

Whereas, DCD recommends sale of these lots, with closing contingent on DCD approval of final site and building plans; and

Whereas, The lots will be sold in “as is” condition, without representations or warranties, including, but not limited to, soil quality and subsurface condition; and

Whereas, DCD submits herewith a Land Disposition Report, a copy of which is attached to this Common Council File, 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 Commissioner of DCD, or designee, is authorized to accept the unsolicited offer to purchase submitted by Adams Garden Park LLC fo...

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