City of Milwaukee - File #: 200703

• File #: 200703
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/22/2020
• In control: COMMON COUNCIL
• Final action: 10/13/2020
• Effective date: 10/31/2020
• Title: An ordinance relating to an amendment to an attachment to Common Council File Number 191619, being an ordinance granting an air space lease to Third Ward Lofts, LLC, for a portion of the building to overhang the adjacent sidewalk for the premises at 323 North Jefferson Street (4th Aldermanic District).
• Sponsors: THE CHAIR
• Indexes: AIR SPACE LEASES

Date	Ver.	Action By	Action	Result	Tally
10/30/2020	1	CITY CLERK	PUBLISHED
10/22/2020	1	MAYOR	SIGNED
10/13/2020	1	COMMON COUNCIL	PASSED	Pass	15:0
9/30/2020	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR PASSAGE; Minutes note: Atty. Tom Miller - COA	Pass	5:0
9/22/2020	0	COMMON COUNCIL	ASSIGNED TO

Number

200703

Version

ORIGINAL

Reference

191619

Sponsor

THE CHAIR

Title

An ordinance relating to an amendment to an attachment to Common Council File Number 191619, being an ordinance granting an air space lease to Third Ward Lofts, LLC, for a portion of the building to overhang the adjacent sidewalk for the premises at 323 North Jefferson Street (4^th Aldermanic District).

Sections

Analysis

This ordinance changes the annual rent amount in the airspace lease attached to Common Council File Number 191619 from $14,900.00 to $1,340.00.

Body

Whereas, On July 7, 2020, the Common Council passed File Number 191619, an ordinance granting an air space lease to Third Ward Lofts, LLC, for a portion of the building to overhang the adjacent sidewalk for the premises at 323 North Jefferson Street (4th Aldermanic District); and

Whereas, The AIRSPACE LEASE BETWEEN THE CITY OF MILWAUKEE AND THIRD WARD LOFTS, LLC FOR A BUILDING OVERHANG that is attached to Common Council File Number 191619 specifies, in Section 3 (“Rental”) on page 3, an annual rental payment of $14,900.00 by the lessee; and

Whereas, This rental payment has been recalculated and should be set at $1,340.00 annually; now, therefore

The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. The AIRSPACE LEASE BETWEEN THE CITY OF MILWAUKEE AND THIRD WARD LOFTS, LLC FOR A BUILDING OVERHANG that is attached to and approved by Common Council File Number 191619 is revised to provide, in Section 3 (“Rental”) on page 3, an annual rental payment in the amount of $1,340.00

Part 2.                     .This ordinance shall take effect and be in force from and after its passage and publication.

LRB

APPROVED AS TO FORM

____________________________

Legislative Reference Bureau

Date:  ______________________

Attorney

IT IS OUR OPINION THAT THE ORDINANCE

IS LEGAL AND ENFORCEABLE

____________________________

Office of the City Attorney

Date:  ______________________

Requestor

City Attorney

Drafter

LRB176084-2

Tom Miller/Jeff Osterman

09/14/2020