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File #: 11-276    Version: 1 Name: Area 10 Release od Deed Restriction and Licensing Agreement
Type: Action Report Status: Signed
File created: 5/27/2011 In control: County Clerk
On agenda: Final action: 7/12/2011
Title: From the Director of Economic Development, DTPW, requesting the release of a deed restriction and Licensing Agreement on a parcel known as “Area 10”, located near Miller Park.
Attachments: 1. RESOLUTION, 2. REPORT, 3. FISCAL NOTE, 4. Area 10 1951 deed cnty state license.pdf, 5. Area 10 1996 Deed cnt state land conveyance.pdf, 6. Area 10 city of milwaukee memo on Area 10.pdf, 7. Area 10 land transfer agreement.pdf, 8. Area 10 map showing Area 10 and Waterworks parcels.pdf, 9. Area 10 Transaction diagram.pdf, 10. Area 10 Documents from Corporation Counsel, 11. CB Resolution, 12. Audio ECD 6/13/11
Title
From the Director of Economic Development, DTPW, requesting the release of a deed restriction and Licensing Agreement on a parcel known as “Area 10”, located near Miller Park.

Body
From the City of Milwaukee requesting the release of a deed restriction and Licensing Agreement on a parcel known as “Area 10”, which is located near Miller Park.
POLICY ISSUE
Releasing a deed restriction on parcel, called “Area 10”, in which Milwaukee County currently has an interest and transferring the Deed restriction to another parcel as fair compensation.
BACKGROUND
P&H Mining has made major investments in its plant on Milwaukee’s near southside. As a result of the new investment, P&H expects to expand its business and create a significant number of new jobs. P&H is a firm that values the safety of its employees and is committed to ensuring that all hazards are minimized within and around its plant. Currently, P&H employees must cross a busy National Avenue to access the current parking lot; at least four employees have been struck by vehicles while crossing National Avenue. To minimize the danger that employees face, P&H is committed to securing safer parking for its employees.
The City of Milwaukee (“the City”), in an effort to support the needs of P&H Mining, has constructed an arrangement for the City to acquire a parcel just west of the P&H plant, called “Area 10”, and then sell the land to P&H for its parking needs. Currently, the Area 10 parcel is owned by the State of Wisconsin (“the State”).
Area 10 is 2.7 acres and is located just east of HWY 41 (see map), near National Avenue. Area 10 was transferred to the State of Wisconsin by Milwaukee County to be used solely for the construction and operation of a major league baseball park; the deed restriction that currently sits on the parcel was meant to protect the interest of Milwaukee County if the parcel is no longer to be used for the operation of a Major League Ball Park. As it is, Area 10...

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