Number
230505
Version
ORIGINAL
Reference
Sponsor
ALD. MIURPHY
Title
Resolution authorizing the Lease of the City of Milwaukee-owned property at 5529-31 West North Avenue to Uptown Crossing - BID 16, in the 10th Aldermanic District.
Analysis
This resolution authorizes the lease of the City of Milwaukee-owned property according to the conditions in a Land Disposition Report pursuant to Wis. Stat. 66.1333 (9).
Body
Whereas, Uptown Crossing - BID 16 (“Tenant”) desires to lease City of Milwaukee (“City”)-owned property for a park and community space per the Land Disposition Report, a copy of which is attached to this Common Council file; and
Whereas, The Department of City Development ("DCD") has reviewed the lease terms and prepared the Land Disposition Report and recommend approval; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Common Council also approves the Land Disposition Report and the City’s lease to the Tenant of the City-owned property at 5529-31 West North Avenue as per the terms and conditions in the Land Disposition Report; and, be it
Further Resolved, That the lease proceeds shall be credited to the appropriate fund at the City of Milwaukee.
Drafter
DCD:Dave Misky:dpm
07/31/23/A