City of Milwaukee - File #: 090339

• File #: 090339
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 7/7/2009
• In control: PUBLIC WORKS COMMITTEE
• Final action: 7/28/2009
• Title: : Resolution approving a Lease Agreement with Kinder Morgan Bulk Terminal, LLC.
• Sponsors: ALD. BAUMAN
• Indexes: AGREEMENTS, LEASES, PORT OF MILWAUKEE

Date	Ver.	Action By	Action	Result	Tally
8/5/2009	0	MAYOR	SIGNED
7/28/2009	0	COMMON COUNCIL	ADOPTED	Pass	15:0
7/15/2009	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individual present: Hattie Billingsley, Port of Milwaukee Betty Nowak, Port of Milwaukee	Pass	4:0
7/10/2009	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/10/2009	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/7/2009	0	COMMON COUNCIL	ASSIGNED TO

Number

090339

Version

Original

Reference

Sponsor

Ald. Bauman

Title:

Resolution approving a Lease Agreement with Kinder Morgan Bulk Terminal, LLC.

Analysis

This resolution would approve a Lease Agreement with Kinder Morgan Bulk Terminal, LLC commencing April 1, 2009 and terminating on March 31, 2012, with one automatic additional three (3) year period under the same terms and conditions.

Body:

Whereas, Kinder Morgan Bulk Terminal (KMBT) has been a long term tenant in good standing in the Port of Milwaukee; and

Whereas, KMBT has an existing lease with the Port/City of Milwaukee dated September 10, 1991, as amended; and

Whereas, KMBT will use the property for handling and storage of limestone or other dry bulk aggregates; and

Whereas, The Board of Harbor Commissioners at their meeting of June 11, 2009 acted by vote of the Board to approve this Lease Agreement; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that said Common Council hereby ratifies and approves the Lease Agreement with Kinder Morgan Bulk Terminal, LLC, with the City of Milwaukee, by and through its Board of Harbor Commissioners.

 Requester

Port of Milwaukee

Drafter

Eric C. Reinelt

6/12/2009

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