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File #: 170327    Version: 0
Type: Resolution Status: Passed
File created: 5/31/2017 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 6/20/2017
Effective date:    
Title: Resolution approving the sale of property at 2770 North 5th Street to Gorman & Company for development of affordable senior housing, in the 6th Aldermanic District.
Sponsors: ALD. COGGS
Indexes: HOUSING, PROPERTY SALES
Attachments: 1. Land Disposition Report, 2. Due Diligence Checklist, 3. Hearing Notice List, 4. DCD PowerPoint
Number
170327
Version
ORIGINAL
Reference
141319
Sponsor
ALD. COGGS
Title
Resolution approving the sale of property at 2770 North 5th Street to Gorman & Company for development of affordable senior housing, in the 6th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned vacant improved property at 2770 North 5th Street, built originally as the Fifth Street School and later occupied by the City’s Isaac Coggs Health Center, to Gorman & Company for redevelopment as affordable senior housing.
Body
Whereas, The property at 2770 North 5th Street (“Property”) was constructed originally as the Fifth Street School; and

Whereas, In the 1970s, Fifth Street School was closed, and the building was subsequently occupied by the City of Milwaukee Health Department Isaac Coggs Health Center; and

Whereas, In 2006, the Milwaukee Health Department closed the Coggs clinic, leaving the Property vacant; and

Whereas, Since the closure of the clinic, the Department of City Development (“DCD”) has made several attempts to find a buyer for the Property; and

Whereas, In June 2013, the Property was evaluated as part of a commercial district charrette conducted for the Martin Luther King Economic Development Corporation by the Community Design Solutions program at the University of Wisconsin-Milwaukee; and

Whereas, The charrette recommended that a Request for Proposal (“RFP”) be issued to seek a buyer that would redevelop the Property as senior housing; and

Whereas, In October 2014, DCD issued a RFP seeking redevelopment proposals for the Property in accordance with the charrette recommendation; and

Whereas, In December 2014, the Common Council adopted File No. 141319 declaring the property to be “underutilized” in order to ensure that the sale of the Property conformed with a recent change in State Statute with respect to the sale of buildings formerly used by the Milwaukee Public Schools; and

Whereas, Gorman & Company (“Buyer”) was the only respo...

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