Title
Resolution relative to determination of a Payment in Lieu of Taxes (PILOT) Agreement between the City of West Allis and Wiscraft, Inc. (d/b/a Beyond Vision) for the property located at 1540 S. 108 St.
Body
WHEREAS, Beyond Vision is under contract to purchase the existing building improvements and land located at 1540 S. 108 St., in the City of West Allis (the “Project”); and,
WHEREAS, the aforesaid Project will be exempt from the imposition of general property taxes; and,
WHEREAS, Wiscraft, Inc. (d/b/a Beyond Vision) has proposed to make a payment in lieu of taxes to the City to offset the value and benefits of the municipal services the Project will enjoy.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that the PILOT Agreement, a copy of which is attached hereto and made a part hereof, be and is hereby approved.
BE IT FURTHER RESOLVED that the City Attorney be and is hereby authorized to make such non-substantive changes, modifications, additions and deletions to and from the various provisions of the agreement, including any and all attachments, exhibits, addendums and amendments, as may be necessary and proper to correct inconsistencies, eliminate ambiguity and otherwise clarify and supplement said provisions to preserve and maintain the general intent thereof, and to prepare and deliver such other and further documents as may be reasonably necessary to complete the transactions contemplated therein.
BE IT FURTHER RESOLVED that the Mayor and City Administrative Officer are hereby authorized and directed to execute and deliver the aforesaid agreement on behalf of the City.
cc: Department of Development
Department of Finance
DEV-R-970-6-4-19