2007-385
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Resolution No. 2007 - 385
A Resolution Approving an Offer to Purchase a 5.4 Acre Parcel of Real Property
located at the Northeast Corner of Blackbridge Road and USH 51 for Public
Purposes
WHEREAS, Wis. Stats. SS 62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 62.11(5) and
Chapter 32 of Wisconsin Statutes permit the City's acquisition, ownership, development
construction, reconstruction, maintenance and use of real property for transportation and
mass transit facilities; and
WHEREAS, the Common Council has reviewed the facilities of the City's Transit system
and determined that a site for a new Transit Operations and Maintenance Facility is
needed for the efficient operation of this vital public service; and
WHEREAS, the Common Council hereby find that the purchase of a site and the
construction of a Transit Operations and Maintenance Facility constitute public purpose(s)
that benefit the community and promote the health, welfare, safety and best interests of
the City; its residents, businesses and visitors; and
WHEREAS, the City of Janesville Administration has negotiated an offer to purchase a 5.4
acre parcel of real property located at the northeast corner of Blackbridge Road and USH
51 from Hendricks Commercial Properties, LLC, a copy of said offer to purchase is
attached hereto and incorporated herein as if fully set forth, and
WHEREAS, consideration for this real property acquisition includes $350,000 due in cash
at closing plus deed to a 2.7 acre strip of City-owned land located south of Blackbridge
Road; and
WHEREAS, funding for this acquisition is included in the adopted 2007 City Budget and
will be provided through the 2007 General Obligation Note issue; and
WHEREAS, the Janesville Plan Commission has reviewed this proposed 5.4 acre property
acquisition and 2.7 acre sale of City-owned property on March 5, 2007 and found both
actions to be consistent with long range City plans, but not commenting upon the financial
aspects of the transaction;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville
that they hereby approve the Offer to Purchase the 5.4 acre parcel of real property and
authorize the City Manager and/or his designee(s) to acquire and close upon the City's
purchase of the Property from the owners on behalf of the City; and
BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s) on behalf of
the City of Janesville is/are hereby authorized and empowered to negotiate, draft, modify,
review, execute, and enter into additional agreements, record, file and/or make minor
modifications and/or amendments to any and all documents, papers, forms, and
agreements, and to take whatever other actions as the City Manager may determine, from
time to time and at any time, necessary and/or desirable to effectuate the intent of this
resolution and/or the public good..
Resolution 2007 - 385
Page 2
ADOPTED:
March 12. 2007
APPROVED:
ATTEST:
J
APPROVED AS TO FORM:
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City Attorney
Proposed by: City Manager
Prepared by: Economic Development Director
Motion by: Willi~mQ
Second by: DeGarmo
Council member Aye Nay Pass Absent
Brien X
Wellnitz, Tom X
Williams X
Brunner X
Wellnitz, Tim X
DeGarmo X
Addie X