Number
100781
Version
Original
Reference
Sponsor
The Chair
Title:
Resolution approving a lease agreement with South Harbor, LLC.
Analysis
This resolution would approve a Lease Agreement with South Harbor, LLC for 4.6 acres of property formerly occupied by the Jacobus Energy Company. The lease agreement is for a 5-year Initial Term with four successive 5-year extension options, which would allow South Harbor to operate a liquid bulk facility for the receipt production, processing, handling, storage, shipping, and distribution of bulk liquid materials and all raw materials, proceeds and ingredients related thereto.
Body:
Resolved, By the Common Council of the City of Milwaukee that said Common Council hereby ratifies and approves the Lease Agreement between the City of Milwaukee, by and through its Board of Harbor Commissioners and South Harbor, LLC for the term January 1, 2011 through December 31, 2015, and, be it
Further Resolved, That the designated officers of said government and said Board are hereby authorized and directed to execute an agreement to carry out this purpose as prepared by the City Attorney's office.
Drafter
10/15/2010
Port of Milwaukee
Eric Reinelt
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