Fiscal Note
No appropriation required
Title
Accepting a Warranty Deed from LOV Properties LLC, dedicating a strip of land for right-of-way purposes along Femrite Road. 16th Ald. Dist.
Body
WHEREAS, LOV Properties LLC, is the owner of the property located at 5701 Femrite Road ("Owner"), and
WHEREAS, the Owner has received conditional approval for establishment of a woodchip processing facility at the above location which requires the dedication of right-of-way along Femrite Road; and
WHEREAS, the Owner has agreed to provide the City of Madison with a Warranty Deed for the area to be dedicated at no cost to the City.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Madison authorizes acceptance, at no cost to the City, of the Warranty Deed from LOV Properties LLC for the dedication of the fee simple interest in the lands in the following description:
Part of the North ½ of the Southwest ¼ of the Southwest ¼ of Section 23, T7N, R10E, City of Madison, Dane County, Wisconsin being more particularly described as follows:
Commencing at the Northwest corner of the Southwest ¼ of the Southwest ¼ of said Section 23, thence along the North line of the said Southwest ¼ of the Southwest ¼, N87º50'59"E, 916.224 feet (recorded as E924.9 feet) to the point of beginning; thence S00º 01'00"W, 40.03 to a point on Femrite Drive South Right-of-Way; thence along a line parallel to and 40.00 feet Southerly of the said North line N87º50'59"E, 291.77 feet to a point 125 feet Westerly of the East line of the said Southwest ¼ of the Southwest ¼; thence along a line parallel to and 125 feet Westerly of said East line, N00º14'28"E, 40.03 feet to a point on the said North line; thence continuing along said North line S87º50'59"W, 291.93 feet to the Point of Beginning.
Contains 11,674.06 square feet (0.268 acres), more or less.