2024-2185 RESOLUTION NO. 2024-2185
A Resolution Authorizing the Purchase of Property at 533 N. Main Street.
WHEREAS, the City of Janesville has made a commitment to secure riverfront
properties in targeted areas as they become available; and
WHEREAS, the City of Janesville has negotiated a purchase price of$125,000 for
property located at 533 N. Main Street and
WHEREAS, the property is 1.27 acres of M3 Zoned (Central Light Industrial District)
land that measures two hundred and twenty (220) feet in width by two hundred sixty
(260) feet in depth; and
WHEREAS, Prior to closing on the property, Hendricks Commercial Properties, LLC will
demolish the building, remove debris, and grade the site; and
WHEREAS, The property is within Catalytic Site #3 in the Rock Renaissance Area
Redevelopment & Implementation Strategy (ARISE). The ARISE plan envisions this
area to meet current and future demands of recreational activity and tourism; and
WHEREAS, the City of Janesville intends to convert the site into green space for future
expansion of the paved shared-use trail and allow for increased public access to the
Rock River, and
WHEREAS, acquiring riverfront property is a high priority in the Parks and Open Space
Plan as it provides greater public access to the river, promotes recreational
opportunities, protects environmentally sensitive areas, and removes undesirable or
non-compliant structures along the riverfront.
NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of
Janesville that:
1. Each of the above recitals is hereby reiterated and incorporated herein by
reference as if fully set forth verbatim; and
2. The City Manager and 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, understandings, and arrangements; to make
modifications thereto; 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, project, and/or public purposes.
RESOLUTION NO. 2024-2185
PAGE 2
ADOPTED: January 22, 2024 Motion by: Consent
Second by: Consent
APPROVED: Councilmember Aye Nay Pass Absent
Benson X
Burdick X
9-'--- Jackson X
Kevin M. Lahner, City Manager Marshick X
Miller X
ATTEST: Neeno X
// -4
Williams X
Lorena Rae Stottler, City Clerk-Treasurer
APPROVED AS TO FORM:
41//W
Wald Klimczy , City Attorney
Proposed by: Economic Development Office
Prepared by: Economic Development Office