File #: R-2006-0139    Version: 1
Type: Resolution Status: Adopted
File created: 5/16/2006 In control: Safety and Development Committee (INACTIVE)
On agenda: Final action: 5/16/2006
Title: Resolution authorizing a second amendment to the Purchase and Sale Agreement and Development Agreement between the Community Development Authority of the City of West Allis and Toldt Development, Inc., for properties within the Six Points/Farmers Market Redevelopment Area.
Attachments: 1. R-2006-0139 Packet Doc
Title

Resolution authorizing a second amendment to the Purchase and Sale Agreement and Development Agreement between the Community Development Authority of the City of West Allis and Toldt Development, Inc., for properties within the Six Points/Farmers Market Redevelopment Area.

Body

WHEREAS, the Common Council of the City of West Allis approved Resolution R-2005-0254 on October 18, 2005, and amended by Resolution R-2006-0137 on May 2, 2006 for a Purchase and Sale Agreement and Development Agreement (“Agreement”) by and between the Community Development Authority of the City of West Allis and Toldt Development, Inc., for properties within the Six Points/Farmers Market Redevelopment Area; and,

WHEREAS, the Community Development Authority of the City of West Allis, by Resolution No. 579, adopted October 11, 2005, approved said Agreement by and between the Community Development Authority of the City of West Allis and Toldt Development, Inc. for the Six Points/Farmers Market Redevelopment Area; and,

WHEREAS, the Community Development Authority of the City of West Allis, by Resolution No. 609, adopted May 9, 2006, approved an amendment to said Agreement by and between the Community Development Authority of the City of West Allis and Toldt Development, Inc. for the Six Points/Farmers Market Redevelopment Area; and,

WHEREAS, the principals, under the direction of the Director of Development in cooperation with the City Attorney, have deemed that an Amendment to the Agreement, hereby attached and incorporated within, is necessary.

NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis, that it hereby approves a second amendment to the Purchase and Sale Agreement and Development Agreement by and between the Community Development Authority of the City of West Allis and Toldt Development, Inc. for the redevelopment of properties located within the Six Points/Farmers Market Redevelopment Area, in compliance with the provisions as...

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