Title
Resolution to transfer ownership, by Quit Claim Deed, from the City of West Allis properties located at 8** S. 72 St. (Tax Key No. 440-0004-001), 1000 S. 72 St. (Tax Key No. 440-0213-003) and 10** S. 72 St. (Tax Key No. 440-0213-002) to the School District of West Allis-West Milwaukee, et al.
Body
WHEREAS, the City of West Allis (the “City”) owns the 1.7 acre parcel located at 8** S. 72 St. (Tax Key No. 440-0004-001) and the 2.4 acre parcel located at 1000 S. 72 St. (Tax Key No. 440-0213-003) and the 0.99 acre parcel located at 10** S. 72 St. (Tax Key No. 440-0213-002) (the “Property”), which together make up McKinley Park (the “Park”); and,
WHEREAS, the City wishes to transfer the Properties by Quit Claim Deed to the School District of West Allis-West Milwaukee, et al., (the “District”) for One Dollar ($1.00) and other good and valuable consideration.
NOW THEREFORE BE IT RESOLVED, by the Common Council of the City of West Allis as follows:
1. That the Common Council of the City of West Allis hereby approves the transfer of ownership of the Properties at 8** S. 72 St., 1000 S. 72 St., and 10** S. 72 St. by Quit Claim Deed to the School District of West Allis-West Milwaukee, et al., for One Dollar ($1.00) and other good and valuable consideration.
2. A deed restriction shall be placed upon the Property that would substantially provide for the following:
A. The Property was developed with assistance from the Wisconsin Department of Natural Resources Stewardship Fund and shall not be converted to uses inconsistent with the public outdoor recreation without the approval of the Secretary the Department of Natural Resources.
B. Should the District decide to sell the properties, the City shall have the Right of First Refusal to repurchase the property for One Dollar ($1.00) and other good and valuable consideration.
3. To help facilitate redevelopment of the neighborhood, the District shall grant the parcel located at 9** S. 70 St...
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