Number
180809
Version
ORIGINAL
Reference
Sponsor
ALD. DONOVAN
Title
Resolution approving the Land Disposition Report for property in the Menomonee Valley Industrial Center for sale to 48IDA, LLC for development of the Splat! dpi printing facility, in the 8th Aldermanic District.
Analysis
This resolution will permit the Redevelopment Authority to convey said land according to the conditions in the Land Disposition Report.
Body
Whereas, The Redevelopment Authority of the City of Milwaukee (“Authority”) has been preparing the Menomonee Valley for industrial development by conducting activities such as environmental remediation, flood mitigation, geotechnical improvements, road construction, surveys and subdivision plat preparation as part of the Menomonee Valley Industrial Center and Community Park; and
Whereas, 48IDA, LLC has offered to purchase an approximately 2.0-acre parcel of the Authority’s property that has an address of 3760 West Wheelhouse Road, in the northwest portion of the Menomonee Valley Industrial Center and Community Park, for development of the Splat! dpi printing facility; and
Whereas, On September 11, 2018, the Authority held a Public Hearing on the proposed sale as required by Wisconsin Statutes; and
Whereas, Pursuant to Wisconsin Statutes and as a condition precedent to the sale, lease or transfer of land, the Authority 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 Land Disposition Report dated September 11, 2018, with respect to the proposed sale of the following property, is approved:
REDEVELOPMENT PROJECT AREA
Milwaukee Road Shops
PARCEL ADDRESS
3760 West Wheelhouse Road, in the northwest portion of the Menomonee Valley Industrial Center and Community Park
REDEVELOPER
48IDA, LLC/Splat! dpi
; and, be it
Further Resolved...
Click here for full text