City of Racine - File #: 07-0674

• File #: 07-0674
• Version: A
• Name: River Bend Lofts, LLC purchase of air space rights
• Type: Communication
• Status: Passed
• File created: 5/23/2007
• In control: Public Works and Services Committee
• Final action: 10/16/2007
• Title: Subject: Request from River Bend Lofts, LLC to acquire the air space property interest in the space over the Racine Street right-of-way, pursuant to Wis. Stat. 66.0915(4). This request is for rights above and beyond those approved under Resolution 06-7197. Recommendation: The Mayor and City Clerk be authorized and directed to enter into an Air Space Easement Agreement with River Bend Lofts LLC for the construction and placement of balconies above the public right-of-way on Racine Street between 6th Street and 8th Street, as requested, in accordance with State Statute 66.0915(4), Air Rights. Further recommends that the property owner be charged a $50.00 fee to cover costs associated with filing this item with the Register of Deeds office. Fiscal Note: There will be no cost to the City of Racine.
• Related files: Res.07-0455

Date	Ver.	Action By	Action	Result
10/16/2007	A	Common Council	Approved as Presented	Pass
10/9/2007	A	Public Works and Services Committee
9/25/2007	A	Public Works and Services Committee
9/11/2007	A	Public Works and Services Committee	Deferred
8/28/2007	A	Public Works and Services Committee
8/14/2007	A	Public Works and Services Committee
7/31/2007	A	Public Works and Services Committee
7/10/2007	A	Public Works and Services Committee	Deferred
6/26/2007	A	Public Works and Services Committee	Deferred
6/12/2007	A	Public Works and Services Committee	Deferred
6/5/2007	A	Common Council	Referred

Title

Subject: Request from River Bend Lofts, LLC to acquire the air space property interest in the space over the Racine Street right-of-way, pursuant to Wis. Stat. 66.0915(4).

This request is for rights above and beyond those approved under Resolution 06-7197.

Recommendation: The Mayor and City Clerk be authorized and directed to enter into an Air Space Easement Agreement with River Bend Lofts LLC for the construction and placement of balconies above the public right-of-way on Racine Street between 6th Street and 8th Street, as requested, in accordance with State Statute 66.0915(4), Air Rights.

Further recommends that the property owner be charged a $50.00 fee to cover costs associated with filing this item with the Register of Deeds office.

Fiscal Note: There will be no cost to the City of Racine.