Number
232013
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving an amendment to the easement of the RACM-owned land with Palermos Properties, LLC for properties located at 500 S. 33rd Court, 400 S. Layton Boulevard, and 500 S. 35th Street in the Menomonee Valley Industrial Center and Community Park.
Analysis
Body
Whereas, Palermos Properties, LLC (“Palermos”) owns the property at 3301 W. Canal Street; and
Whereas, The Redevelopment Authority of the City of Milwaukee (the “Authority”) owns the adjoining lands at 500 S. 33rd Court, 400 S. Layton Boulevard, and 500 S. 35th Street (the “Property”); and
Whereas, On April 15, 2010 (Resolution No. 10199), the Authority and on May 4, 2010 (Resolution No. 091663), the Common Council of the City of Milwaukee (“Council”) adopted and approved a Parking, Access and Maintenance Agreement and Easement (“Easement”) between Palermos and the Authority pursuant to which the Authority provided an easement of a portion of the Property beneath the 35th Street Viaduct to Palermos, and Palermos improved the easement area as an employee surface parking lot; and
Whereas, Palermos completed the parking facilities to serve Palermos expanded manufacturing operations and the implementation of a stormwater management plan integrated into the larger Menomonee Valley Industrial Center Stormwater Management facility; and
Whereas, due to the continued success of their operations at their Menomonee Valley facility, Palermos has expressed interest in amending the Easement to allow further expansion of their parking facilities beneath the S. 35th Street Viaduct; and
Whereas, Authority staff have reviewed this request and are agreeable to extending the surface parking lot on the Property as depicted on the Land Disposition Report that accompanies this resolution; and
Whereas, a public hearing was conducted on April 18, 2024, as required by Wisconsin Statutes; and
Whereas, An amendment to the Easement is o...
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