Fiscal Note
No City appropriation required.
Title
Authorizing the City of Madison’s acceptance of a Permanent Limited Easement for Public Pedestrian and Bicycle Path Purposes, granted to the City by Twisted Fitness, LLC, over and across a portion of the property located at 701 Rethke Avenue. (15th A.D.)
Body
WHEREAS, Galtese, Ltd. is the current owner of the property located at 701-703 Rethke Avenue in the City of Madison, Dane County, Wisconsin (together, the “Property”), legally described in attached Exhibit A; and
WHEREAS, Galtese, Ltd. is negotiating a potential sale of the Property to Twisted Fitness, LLC, a Wisconsin limited liability company (“Twisted Fitness”), whereby Twisted Fitness would redevelop the Property after taking ownership and obtaining the necessary approvals from the City of Madison (“City”) to facilitate the redevelopment; and
WHEREAS, Twisted Fitness submitted a land use application for a demolition permit to the City, which was conditionally approved by the Plan Commission at their meeting on February 25th, 2019 per Legislative File ID No. 54397 (“Project”); and
WHEREAS, the official map of the City (“Official Map”) currently has a 66-foot wide street reservation across the Property for the purposes of extending Burke Avenue to Rethke Avenue (“Reservation Area”). The Project, as proposed, contemplates site improvements that would lie within the officially mapped Reservation Area; and
WHEREAS, Twisted Fitness has requested that the Official Map be amended to eliminate the Reservation Area across the Property. A condition of the Official Map amendment, Legislative File ID No. 54543, requires the granting of the easement for public pedestrian and bicycle path purposes (“Easement”) to the City, at no cost to the City, to allow a public pedestrian and/or bicycle path (“Improvements”) to be extended across the Property from Rethke Avenue to connect to a future sidewalk or path on Burke Avenue lying east of the Property; and
WHEREAS,...
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