City of Milwaukee - File #: 190054

• File #: 190054
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 4/16/2019
• In control: COMMON COUNCIL
• Final action: 5/7/2019
• Title: Resolution relating to the sale of Milwaukee Public Schools property in accordance with Wisconsin Statutes Section 119.61.
• Sponsors: ALD. HAMILTON
• Indexes: SCHOOL BUILDINGS

Date	Ver.	Action By	Action	Result	Tally
5/15/2019	0	MAYOR	SIGNED
5/7/2019	0	COMMON COUNCIL	ADOPTED	Pass	15:0
4/30/2019	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Rhonda Szallai, Dept. of City Development Tina Anderson, AndersonWeb LLC Todd Hutchison, Wisconsin Redevelopment LLC Robert Lemke, Wisconsin Redevelopment LLC	Pass	5:0
4/23/2019	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/23/2019	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/16/2019	0	COMMON COUNCIL	ASSIGNED TO

Number
190054
Version
ORIGINAL
Reference
151894
Sponsor
ALD. HAMILTON
Title
Resolution relating to the sale of Milwaukee Public Schools property in accordance with Wisconsin Statutes Section 119.61.
Analysis
This resolution authorizes the sale of the former Carleton School property at 4116 West Silver Spring Drive to AndersonWebb LLC and establishes the terms of the sale according to the Land Disposition Report.
Body
Whereas, The former Carleton School (the “Property”), located at 4116 West Silver Spring Drive, was declared surplus by the Milwaukee Board of School Directors in 2012; and

Whereas, Section 119.61, Wisconsin Statutes, requires that the City Clerk must post public notice of available surplus Milwaukee Public Schools property for 24 consecutive months, and during that period, such property may be sold only to education operators as determined by the Common Council of the City of Milwaukee (the “Common Council”); and

Whereas, Notice of the availability of the Property was posted on the City of Milwaukee’s (“City”) website beginning January 26, 2016; and

Whereas, File No. 151894, adopted by the Common Council on November 1, 2016, approved the sale to Rocketship Education, Inc.; and

Whereas, Rocketship subsequently withdrew its offer to purchase as a result of escalating costs to renovate the Property for school use; and

Whereas, The City relisted the Property for adaptive reuse on March 1, 2018; and

Whereas, AndersonWebb LLC (“Buyer”) submitted a proposal on January 4, 2019 to purchase the Property for $220,000, based on the appraised value as established by an independent appraisal completed by The Nicholson Group LLC in March, 2016; and

Whereas, The Buyer proposes to invest an estimated $16,000,000 to purchase and renovate the Property for residential use; and

Whereas, The Department of City Development (“DCD”) has reviewed the offer and development proposal from the Buyer and has determined that the offer and proposal represent fair...