City of Madison - File #: 02132

• File #: 02132
• Version: 1
• Name: Accepting an Offer to Purchase from Samuels Recycling Company for a portion of a City-owned property located 4452 Sycamore Avenue in order to resolve an existing retaining wall encroachment.
• Type: Resolution
• Status: Passed
• File created: 10/5/2005
• In control: BOARD OF PUBLIC WORKS
• On agenda: 11/29/2005
• Final action: 11/29/2005
• Enactment date: 12/5/2005
• Enactment #: RES-05-00929
• Title: Accepting an Offer to Purchase from Samuels Recycling Company for a portion of a City-owned property located 4452 Sycamore Avenue in order to resolve an existing retaining wall encroachment. 17th Ald. District.
• Sponsors: Santiago Rosas

Date	Ver.	Action By	Action	Result
11/29/2005	1	COMMON COUNCIL	Adopt	Pass
11/7/2005	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
11/2/2005	1	BOARD OF PUBLIC WORKS	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
10/24/2005	1	PLAN COMMISSION	Re-refer	Pass
10/12/2005	1	BOARD OF PUBLIC WORKS	Refer
10/11/2005	1	COMMON COUNCIL	Refer
10/5/2005	1	Community and Economic Development Unit	Fiscal Note Required / Approval
10/5/2005	1	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
10/5/2005	1	Community and Economic Development Unit	Referred for Introduction

Fiscal Note
Net sales proceeds to be deposited into Account No. ESTM-78320-541000
Title
Accepting an Offer to Purchase from Samuels Recycling Company for a portion of a City-owned property located 4452 Sycamore Avenue in order to resolve an existing retaining wall encroachment. 17th Ald. District.
Body
WHEREAS, Samuels Recycling Company ("Owner") is the current owner of the commercial property located at 4402 Sycamore Avenue, which is adjacent to a City-owned property at 4452 Sycamore Avenue ("Property") known as the Sycamore Brush Site, as shown on Exhibit C; and

WHEREAS, during the City Engineering's review and planning for a site improvement project for the Sycamore Brush Site, City Engineering discovered that a portion of the Owner's onsite storage area and metal retaining wall encroaches into the Property; and

WHEREAS, City Engineering Division contacted the Owner and as a result of these discussions, the Owner offered to purchase a 20 foot wide strip of land in order to correct the encroachment problem, as shown and described on Exhibit A and B; and

WHEREAS, the City Engineering Division has reviewed and approves of the limited transfer of land, which is concluded to have no detrimental effects on the Property; and

WHEREAS, the City Real Estate Section drafted an Offer to Purchase a strip of land along the common lot line with the Property, to bring the Owner's encroachments within their legal boundaries; and

WHEREAS, the Owner's have signed the Offer to Purchase a 20 foot wide strip of land and submitted to the Real Estate Section for approval; and

WHEREAS, the City Real Estate Section and City Engineering Division staff have reviewed the Offer to Purchase and concur with its terms and conditions.



NOW, THEREFORE, BE IT RESOLVED, that the City of Madison ("City") hereby accepts an Offer to Purchase from Samuels Recycling Company ("Buyer") for a portion of the City-owned property located at 4452 Sycamore Avenue, as shown...