City of Milwaukee - File #: 171781

• File #: 171781
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 2/27/2018
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 3/27/2018
• Title: Substitute resolution amending the Land Disposition Report approved by Common Council File Number 171502 relating to the sale of the City-owned properties at 2719 West Wisconsin Avenue and 625 North 27th Street (4th Aldermanic District).
• Sponsors: ALD. BAUMAN
• Indexes: CITY PROPERTY, LAND DISPOSITION REPORTS

Date	Ver.	Action By	Action	Result	Tally
4/4/2018	1	MAYOR	SIGNED
3/27/2018	1	COMMON COUNCIL	ADOPTED	Pass	15:0
3/20/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	SUBSTITUTED; Minutes note: Ald. Rainey passed the gavel to Ald. Bohl. Individuals appearing: Ald. Robert Bauman, 4th Aldermanic District Matt Haessly, Dept. of City Development Keith Stanley, Near West Side Partners Business Improvement District Ald. Rainey moved substitution of the file with Proposed Substitute A. (Prevailed 4-0)	Pass	4:0
3/20/2018	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	3:0
3/19/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/19/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/16/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/13/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/13/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/13/2018	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
2/27/2018	0	COMMON COUNCIL	ASSIGNED TO

Number
171781
Version
SUBSTITUTE 1
Reference
171502
Sponsor
ALD. BAUMAN
Title
Substitute resolution amending the Land Disposition Report approved by Common Council File Number 171502 relating to the sale of the City-owned properties at 2719 West Wisconsin Avenue and 625 North 27th Street (4th Aldermanic District).
Analysis
This resolution amends the Land Disposition Report approved by Common Council File Number 171502 relating to the sale of the City-owned properties at 2719 West Wisconsin Avenue and 625 North 27th Street. The amendments:

1. Eliminate the requirement that the Buyer share all preliminary and final site plans and building elevations with the Department of City Development’s Design Review Team for comments and approval before seeking permits to improve the Project Site.

2. Remove the provision stating that closing shall be contingent upon the Project Site being selected as a finalist by the Medical College of Wisconsin for development purposes.

3. Provide that the deed of conveyance will contain a restriction stipulating that the Buyer or its successors will apply to rezone the 2 subject parcels, or any combined lot containing those parcels, to Planned Development.
Body
Whereas, On February 6, 2018, the Common Council adopted File Number 171502, a resolution authorizing the sale of the City-owned properties at 2719 West Wisconsin Avenue and 625 North 27th Street to NWSP Acquisition, LLC; and

Whereas, File Number 171502 also approved a Land Disposition Report for the conveyance of these properties; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the “PURCHASE TERMS AND CONDITIONS” section of the Land Disposition Report approved by Common Council File Number 171502 is amended as follows:

PURCHASE TERMS AND CONDITIONS

The purchase price is $40,001 ($1 for the property at 2719 West Wisconsin Avenue and $40,000 for the property at 625 North 27th Street). The conveyance will be on an “as is, whe...