Fiscal Note
No expenditure required.
Title
Authorizing the Mayor and Clerk to execute a Satisfaction of Real Estate Use Restrictions by the City of Madison on lands originally platted within Menard Commercial Park.
Body
WHEREAS, on March 6, 1990, the Menard Commercial Park plat (“Plat”) was recorded as Document No. 2187983 in Vol. 56-80B of Plats, Page 234; and
WHEREAS, as a condition of approval for the recording of said Plat, a Real Estate Use Restrictions document, attached as Exhibit A, was recorded on February 14, 1990 as Document No. 2185030 and amended March 6, 1990 as Document No. 2187985, which required the construction of a second access point between Commerce Drive and CTH M, as well as a directional median break on Mineral Point Road at the Commerce Drive intersection; and
WHEREAS, City of Madison Engineering, Zoning, and Traffic Engineering Departments have confirmed that the second access point and median break have long since been constructed, and have requested that the City Office of Real Estate Services record a Satisfaction of Real Estate Use Restrictions.
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and City Clerk are hereby authorized to execute a Satisfaction of Real Estate Use Restrictions over lands legally described as follows:
Release of Deed Restrictions per Document Numbers 2185030 and 2187985 affecting lands originally platted by Menard Commercial Park, recorded in Volume 56-80B of Plats, page 234, as Document No. 2187983, in the City of Madison, Dane County, Wisconsin, said lands to be released from said restrictions, now more particularly described as follows:
Outlot 1, of said Menard Commercial Park;
Lot 2, Lot 3, Lot 4, Lot 5 and Lot 6 of said Menard Commercial Park, excepting therefrom lands described in Document No. 4927883;
Lot 7, Lot 8, Lot 9 and Outlot 3 of said Menard Commercial Park, now described as all of Lot 3 and that part of Lot 1 of Dane County Certified Survey Map No. 13026, recorded in Volume 83 of Certified Surveys, pages 158-164 as Document No. 4721955 lying northerly of the north line of the plat of Commerce Square.