Fiscal Note
Sales proceeds are estimated to range from $950,000 to $1,048,000 depending on the final square footage amount determined by a final land survey. Net sale proceeds (after deduction of closing costs which should not exceed $25,000 ) will be credited to the City's General Land Acquisition Fund unless the Council directs that these revenues be deposited in an aternative fund, such as the Affordable Housing Trust Fund.
Title
SUBSTITUTE - Declaring the former Dudgeon School building and a parcel of land under and immediately adjacent to the building located at 3200 Monroe Street surplus to the needs of the City and authorizing its sale to Wingra School, Inc. ("Wingra") for the renovation, expansion and continued use of the building as a school and dedicating the lands north and south of the parcel of land being sold to Wingra as parkland. 10th Ald. Dist.
Body
PREAMBLE
On November 13, 1979 the Common Council of the City of Madison adopted a resolution (Resolution No. 35,138 File No. 389-79) authorizing the acquisition of the former Dudgeon School building ("Building") and all of the land in Block 21 of the Plat of the First Addition to Wingra (collectively the "Property") from the Board of Education. The resolution also provided that the City execute a lease with Child Development, Inc. for its continued use of the Property and "that the property not be dedicated permanently for park purposes, but merely assigned as park space from year-to-year, subject to annual review by the City". The Dudgeon Center for Community Programs ("DCCP") succeeded Child Development, Inc. and has leased the Property from the City from 1983 to the present. The DCCP subleases portions of the building to several not-for-profit organizations including Wingra School, Inc. ("Wingra")The City's Park Division has maintained and improved the Property as park space since acquisition by the City.
In 2005 the Park Division declared the Building surplus to its needs and, pu...
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