City of Milwaukee - File #: 220643

• File #: 220643
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 9/1/2022
• In control: COMMON COUNCIL
• Final action: 9/20/2022
• Title: Resolution approving the acquisition of the City of Milwaukee owned parcel at 616-18 West North Avenue by the Redevelopment Authority of the City of Milwaukee and Site Control Report, in the 6th Aldermanic District.
• Sponsors: ALD. COGGS
• Indexes: CITY PROPERTY, PROPERTY ACQUISITION, REDEVELOPMENT AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
9/28/2022	0	MAYOR	SIGNED
9/20/2022	0	COMMON COUNCIL	ADOPTED	Pass	11:0
9/13/2022	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Sam Leichtling, Dept. of City Development Amy Turim, Dept. of City Development Michael Adetoro, FIT Investment Group Elisabeth Rask, Cinnaire Ald. Milele Coggs, 6th Ald. Dist.	Pass	5:0
9/1/2022	0	COMMON COUNCIL	ASSIGNED TO

Number
220643
Version
ORIGINAL
Reference

Sponsor
ALD. COGGS
Title
Resolution approving the acquisition of the City of Milwaukee owned parcel at 616-18 West North Avenue by the Redevelopment Authority of the City of Milwaukee and Site Control Report, in the 6th Aldermanic District.
Analysis
This resolution authorizes the conveyance of the City-owned Development Property at 616-18 West North Avenue to the Redevelopment Authority of the City of Milwaukee and approves Site Control for a developer according to the conditions in a Site Control Report pursuant to Section 304-49-5 and 304-49-8, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee (“City”) acquired 616-18 West North Avenue through property tax foreclosure; and

Whereas, The Redevelopment Authority of the City of Milwaukee (“RACM”) acquired 2307-09 North 6th Street, 2317-25 North 6th Street, 622 West North Avenue, 626 West North Avenue, 628-30 West. North Avenue, 2316-18 North 7th Street and 2322 North 7th Street in accordance with the 2005 Bronzeville Redevelopment Plan to facilitate development of the Bronzeville Cultural and Entertainment District; and

Whereas, The Department of City Development (“DCD”) on behalf of RACM issued a Request for Proposal (“RFP”) for the City and RACM parcels that when combined represent the “Development Site”; and

Whereas, The RFP indicated that City parcel would be transferred to RACM so that the Development Site would be under common ownership; and

Whereas, Six responses to the RFP were received and DCD performed its due diligence on the proposals, convened a selection team comprised of City staff and other stakeholders, and subsequently narrowed the selection to the top three finalists; and

Whereas, The top three finalists presented their proposals at the Bronzeville Advisory Committee (“BAC”) and the BAC unanimously recommended the proposal by FIT Investment Group and Cinnaire Solutions (the “Developer”); and

Whereas, The Developer wishes t...