Title
Resolution authorizing the sale of land for the property located at 1706 S. 68 St. (Tax Key No. 453-0776-003), to UHS of Delaware, Inc./Milwaukee Behavioral Health, LLC in the 68th & Mitchell Redevelopment Area.
Body
WHEREAS, the Community Development Authority of the City of West Allis (the "Authority") is the owner of the parcel, totaling 7.5 acres located at 1706 S. 68 St. (Tax Key No. 453-0776-003) (the "Property"); and,
WHEREAS, the Authority wishes to create additional tax base and foster job creation for the City of West Allis (the "City") through the sale and redevelopment of the property; and,
WHEREAS, the Authority recommends to the Common Council of the City of West Allis the sale of the land to UHS of Delaware, Inc./Milwaukee Behavioral Health, LLC, to construct an approximate 83,000 sq. ft. behavioral health hospital consisting of 120 beds and potential to add over 250 jobs.
NOW, THEREFORE BE IT RESOLVED that the Common Council of the City of West Allis, as follows:
1. Approves the sale of land for the property located at 1706 S. 68 St. (Tax Key No. 453-0776-003) to UHS of Delaware, Inc./Milwaukee Behavioral Health, LLC pursuant to section 66.1333(6)(b)2, Wis. Stat.
2. That the Executive Director of the Authority, or his designee, is hereby authorized and directed to take any and all other actions on behalf of the Authority which he deems necessary or desirable in connection with the aforementioned sale of public land, including, without limitation, negotiating, executing, delivering and performing obligations under any and all documents in connection therewith including, without limitation, the sale of land, loan commitments, loan agreements, mortgages, notes, guaranties, security agreements, escrow agreements, certificates, affidavits, assignment agreements, pledges, disbursing agreements, subordination agreements, environmental agreements, indemnification agreements, land use restriction agreements, certified surv...
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