City of Milwaukee - File #: 230194

• File #: 230194
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 5/31/2023
• In control: COMMON COUNCIL
• Final action: 6/20/2023
• Title: Resolution authorizing the Department of City Development to issue an Exclusive Right to Negotiate and land sale for green space to Vliet Street Development, LLC for the City of Milwaukee-owned properties located at 3510, 3514, 3516, 3526, 3534, 3538 and 3602 West Vliet Street and 1415 North 35th Street, in the 15th Aldermanic District.
• Sponsors: ALD. STAMPER, ALD. MURPHY, ALD. BAUMAN, ALD. ZAMARRIPA, ALD. BROSTOFF, ALD. COGGS
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
6/28/2023	0	MAYOR	SIGNED
6/20/2023	0	COMMON COUNCIL	ADOPTED	Pass	14:0
6/13/2023	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Yves LaPierre, Dept. of City Development Derrick Cainion, Vliet Street Development, LLC Ald. Murphy, Bauman, Zamarripa, Brostoff, and Coggs added as cosponsors.	Pass	5:0
5/31/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
230194
Version
ORIGINAL
Reference

Sponsor
ALD. STAMPER, MURPHY, BAUMAN, ZAMARRIPA, BROSTOFF AND COGGS
Title
Resolution authorizing the Department of City Development to issue an Exclusive Right to Negotiate and land sale for green space to Vliet Street Development, LLC for the City of Milwaukee-owned properties located at 3510, 3514, 3516, 3526, 3534, 3538 and 3602 West Vliet Street and 1415 North 35th Street, in the 15th Aldermanic District.
Analysis
This resolution authorizes the Department of City Development to issue an Exclusive Right to Negotiate and sell land pursuant to Section 304-49-4, Milwaukee Code of Ordinances for green space, to Vliet Street Development, LLC allowing it a period of time to fundraise and secure financing according to the conditions in a Land Disposition Report submitted herewith.
Body
Whereas, Vliet Street Development, LLC is the owner of two parcels of property on the block of 3500 West Vliet Street and wishes to assemble its property with adjacent City-owned property into a site for art installations, studios and gallery space; and
Whereas, Section 304-49-4 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Common Council of the City of Milwaukee’s (“Common Council”) approval of an Exclusive Right to Negotiate to Vliet Street Development, LLC will allow it time to fundraise, secure financing and finalize building plans; and
Whereas, At the end of the Exclusive Right to Negotiate, Vliet Street Development, LLC will submit final plans and a budget for review and approval by the Department of City Development (“DCD”) which will be submitted for approval to the Common Council; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that a Land Disposition Report, a copy of which is attached to this Common Council File, is appro...