Fiscal Note
This relief from conditions of gifts and dedication, Outlot 7, Second Addition to Truax Air Park West containing 21,632 sq. ft. or 0.4966 acres of area does not require expenditure of City funds.
Title
Relief from conditions of gifts and dedication per Section 66.1025(1) Wisconsin Statutes, of Outlot 7, Second Addition to Truax Air Park West for the replatting (by Certified Survey Map) a portion of the plat, being located in the Northwest 1/4 of the Northeast 1/4 of Section 31, Township 8 North, Range 10 East, City of Madison, Dane County, Wisconsin. (12th AD)
Body
WHEREAS, the plat of Second Addition to Truax Air Park West was approved and accepted by the City of Madison Common Council by a Resolution as adopted on the 16th of March, 1999 and the said Enactment provided for the acceptance of the lands dedicated to the public as Outlot 7 for Pedestrian and Bicycle Path purposes; and
WHEREAS, the plat of Second Addition to Truax Air Park West was subsequently recorded on the 12th of April, 1999 in Volume 57-120A of Plats on pages 473-476, as Document Number 3101354, Dane County Register of Deeds; and
WHEREAS, Dane County, a Wisconsin quasi-municipal corporation (“Dane County”) is the owner of Properties located at 1802 Pankratz Street, described as Lot 47, of said Second Addition to Truax Air Park West (hereinafter “Lot 47”) and 1902 Pankratz Street, described Lot 48, Second Addition to Truax Air Park West (hereinafter “Lot 48”); and
WHEREAS, PERTCO LLC, a Wisconsin limited liability company (“PERTCO”) is lessee of the Lot 47 under a ground lease by and between PERTCO, and Dane County, lessor; and
WHEREAS, CORBEN LAND DEVELOPMENT, LLC, a Wisconsin limited liability company (“CORBEN”) is lessee of the Lot 48 under a ground lease by and between CORBEN, and Dane County, lessor; and
WHEREAS, between Lot 47 and Lot 48 lies Outlot 7, being Dedicated to the Public for Pedestrian and Bicycle Path purposes by the said plat of Second Addition to Truax Ai...
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