Fiscal Note
The reversionary title transfer of vacated Moonlight Trail and the four (4) public alleys rights-of-ways belongs to adjoining land owner MB Investments of Wisconsin, LLC to facilitate future redevelopment of the site, and does not require expenditure of City funds.
Title
Vacating Moonlight Trail from Ancient Oak Lane to Winter Frost Place and public alleys located within Outlots 14, 15, 16 and 21, Linden Park, as dedicated by said Linden Park, recorded in Volume 59-095B of Plats on Pages 488-493 as Document No. 4139208, Dane County Registry, located in the Northeast ¼ and the Northwest ¼ of the Northeast ¼ of Section 33, Town 07 North, Range 08 East, City of Madison (formerly Township of Middleton), Dane County, Wisconsin, and Authorizing the Mayor and City Clerk to execute the final public utility easement release document administered by the City Office of Real Estate Services.
Body
WHEREAS, the Plat of Linden Park was recorded in Volume 59-095B of Plats on Pages 488-493 as Document No. 4139208, Dane County Registry; and
WHEREAS, the Plat of Linden Park dedicated Moonlight Trail and four (4) public alleys contained within Outlots 14, 15, 16 and 21; and
WHEREAS, the Developer, at the present time, has not proceeded with the Phase Development of this portion of the Linden Park plat and there has been no design work completed by the City of Madison, nor any public improvements built; and
WHEREAS, the Developer reports to the City of Madison that the “Carriage Lane” style residential design has been outsold nearly four (4) to one (1) by the conventional garage forward residential design; and
WHEREAS, the Developer is desirous to replat a portion of Linden Park as shown on the Preliminary Final Plat of First Addition to Linden Park which is attached and made part of this resolution; and
WHEREAS, the proposed replat results in a seventeen (17) lot residential dwelling unit reduction, yet remains well within the density requirements contained in t...
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