2007-439
RESOLUTION NO. 2007-439
RESOLUTION AUTHORIZING THE PURCHASE ACQUISITION OF REAL PROPERTY
LOCA TED AT 55, 101, 119, AND 123 ST. MARY'S COURT and 821 NORTH PARKER DRIVE
WHEREAS, Wis. Stats. ~~ 62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 66.11(5) and
Chapter 32 and other pertinent Wisconsin Statutes permit the City's acquisition, development,
ownership, protection, and conservation of parkland, open space, riverfront properties, and
development properties; and
WHEREAS, the Common Council have adopted a Riverfront Development Strategy that calls
for the acquisition, protection, development, and conservation of lands along the Rock River for
parks, recreation and public purposes, including the riverfront properties located at 55, 101, 119,
and 123 SI. Mary's Court and at 821 North Parker Drive in the City of Janesville, County of
Rock, State of Wisconsin (the "Property"); and
WHEREAS, the Common Council hereby find that such uses and acquisition 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 with the owner an offer to
purchase 55, 101 ,119 and 123 SI. Mary's Court dated the day of June 15, 2007 in the amount
of $526,500, and an offer to purchase 821 North Parker Drive dated the day of June 15, 2007 in
the amount of $275,000; and
WHEREAS, the funding for this acquisition is provided by a the City of Janesville and the
Janesville Foundation as part of the $1,000,000 matching 1999 Riverfront Reclamation Grant
commitment; and
WHEREAS, the Janesville Plan Commission has reviewed this proposed acquisition on October
15, 2007 and found it 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 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.
ADOPTED:
October 22, 2007
APPROVED:
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Steven E. Sheiffer, City Marl'ager
ATTEST:
APPROVED AS TO FORM:
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City Attorney
Proposed by: Community Development Department
Prepared by: Community Development Department
Motion by: DeGarmo
Second by: Loaschin"
Councilmember Aye Nay Pass Absent
Brunner X
DeGarmo X
Loasching X
Steeber X
Truman X
Wellnitz X
Williams X