Number
R13002
Version
Original
Reference
Resolution No. 12984
Sponsor
The Chair
Title
Resolution approving the conveyance of land to Westlawn Renaissance III LLC
Analysis
Body
WHEREAS, portions of the Westlawn public housing development (“Westlawn”) are in need of redevelopment;
WHEREAS, the City of Milwaukee in partnership with the Housing Authority of the City of Milwaukee (“HACM”) received a Choice Neighborhoods Implementation grant for the revitalization of Westlawn and the surrounding neighborhood; and
WHEREAS, HACM has received an allocation of Low Income Housing Tax Credits for the purpose of developing Westlawn Renaissance III LLC project (94 multi-family units in Westlawn); and
WHEREAS, Westlawn Renaissance III LLC project (94 multi-family units in Westlawn) will be constructed on parcels of land more specifically described as
Lot Five (5) in Block One (1) and Lot Two (2) in Block Two (2), in WESTLAWN WEST, being a division of Lot Two (2) of Certified Survey Map No. 8895, Blocks Four (4), Five (5), Eight (8) and Nine (9), together with vacated West Birch Ave., West Custer Ave., West Sheridan Ave., portion of West Silver Spring Drive (service drive) and North 67th Street, being a part of the Northwest One-quarter (1/4) of the Northeast One-quarter (1/4) and the Northeast One-quarter (1/4) of the Northwest One-quarter (1/4) of Section Thirty-four (34), in Township Eight(8) North, Range Twenty-one (21) East, in the City of Milwaukee, Milwaukee County, Wisconsin.
; and
WHEREAS, the U.S. Department of Housing and Urban Development (“HUD”) has awarded HACM project based vouchers for 84 of the 94 multi-family units as part of HUD’s Rental Assistance Demonstration program (conversion of public housing to Project-Based Vouchers); now, therefore, be it
RESOLVED, that HACM, either directly or indirectly, is hereby authorized to accept an offer to purchase or a ground lease whenever necessary and to convey land necessary for the development of such 94 multi-family units in Westlawn to such new entity, subject to approval by HUD; and, be it
FURTHER RESOLVED, that the Secretary-Executive Director of HACM, or the Executive Director’s designee, is hereby authorized on behalf of HACM, to undertake such activities and to execute any and all documents as are necessary to convey the land, and to finance and develop Westlawn Renaissance III using public and private financing, including equity from the sale of the Low Income Housing Tax Credits and funding from the U.S. Department of Housing and Urban Development; and be it
FURTHER RESOLVED, that all acts previously performed, relative to such matters, by the Commissioners and the Secretary-Executive Director of HACM, and their advisors, be and hereby are approved, ratified and confirmed in all respects.
Requestor
Drafter
Modernization & Development, October 5, 2018