Title
Subject: Communication from Mayor Becker wishing to meet with the appropriate committees to discuss the selling of an excess parking lot on Villa Street between 7th & 8th Streets.
Transit & Parking Recommendation: The Villa Street half of the Park-Villa Parking Lot be declared surplus and that the matter be referred to the Public Works and Services Committee for disposal of the surplus property.
Fiscal Note: The Parking System will generate an unknown amount of revenue from the sale of this parking lot.
CPC 4-26-06
Recommendation: Adopt, as proposal is consistent with City plans and programs.
Fiscal Note: N/A
Recommendation of the Public Works and Services Committee (6-13-06): That Lot 7 and the north 40' of Lot 10 of Block 6, School Section, a recorded plat in the City of Racine, Racine County, Wisconsin, be donated to the Habitat for Humanity with the following stipulations:
A. Habitat for Humanity pay all costs associated with the transfer of this property.
B. Habitat for Humanity be required to build upon this property within two (2) years from the date of closure with the stipulation that if they fail to do so, the property reverts back to City ownership.
C. Habitat for Humanity submit design drawings for any structures to be placed on this property to the Director of City Development for his review and approval.
Fiscal Note: The City Assessor has estimated the value of this property to be from $36,000.00 to $40,000.00.