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File #: 081204    Version: 0
Type: Resolution Status: Passed
File created: 12/16/2008 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 1/16/2009
Effective date:    
Title: Resolution authorizing the sale of the City-owned vacant lot at 1537 West National Avenue to Cardinal Capital Management, Inc., for the development of a supportive housing facility, in the 12th Aldermanic District.
Sponsors: James N. Witkowiak
Indexes: CITY PROPERTY, HOUSING, LAND DISPOSITION REPORTS, PROPERTY SALES
Attachments: 1. Fiscal Note.pdf, 2. Land Disposition Repor as of 1/7/09.pdf, 3. Land Disposition Report as of 12/15/08.pdf, 4. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
1/28/20090 MAYOR SIGNED   Action details Meeting details Not available
1/16/20090 COMMON COUNCIL ADOPTEDPass14:0 Action details Meeting details Not available
1/13/20090 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals present: Matt Haessley - Dept. of City Development Frank - Cardinal Capital Management RECESS: 9:27 A.M. RECONVENE: 9:50 A.M.
Pass5:0 Action details Meeting details Not available
12/16/20080 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
081204
Version
ORIGINAL
Reference

Sponsor
ALD. WITKOWIAK
Title
Resolution authorizing the sale of the City-owned vacant lot at 1537 West National Avenue to Cardinal Capital Management, Inc., for the development of a supportive housing facility, in the 12th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Development Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, Cardinal Capital Management, Inc., desires to develop a supportive housing facility at 1527 West National Avenue and has submitted an unsolicited offer to purchase the adjacent vacant lot at 1537 West National Avenue; and

Whereas, Section 304-49-7 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 redevelopment represents fair compensation to the City considering the offering price, investment in the neighborhood and provision of mental health services to the community; 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 Cardinal Capital Management, Inc., for the City-owned vacant lot at 1537 West National Avenue for purchase and development as outlined in the Land Disposition Report; and, be it

Further Resolved, That the Commissioner of DCD or designee is authorized to release any deed restrictions that inhibit development and execute other legal do...

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