City of Madison, Wisconsin | Legislative Information Center
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File #: 67422    Version: Name: 11716 - Homeless Shelter 2002 Zeier Rd
Type: Resolution Status: Passed
File created: 9/14/2021 In control: FINANCE COMMITTEE
On agenda: 10/5/2021 Final action: 10/5/2021
Enactment date: 10/12/2021 Enactment #: RES-21-00684
Title: Authorizing the City’s execution of a Purchase and Sale Agreement between the City of Madison and BIP Enterprises, LLC, or their successors and assigns, for the purchase of the property located at 2002 Zeier Road (the “Property”) in the City of Madison for use as a temporary men’s homeless shelter and as a long-term site for redevelopment. (17th A.D.)
Sponsors: Satya V. Rhodes-Conway, Jael Currie, Yannette Figueroa Cole, Keith Furman, Regina M. Vidaver, Juliana R. Bennett, Grant Foster, Brian Benford
Attachments: 1. PSA 2002 Zeier Rd JPS Comments 8-26-21 Clean - SELLER SIGNED 31AUG2021.pdf, 2. Written Public Comment #67422.pdf, 3. V1 File ID 67422.pdf, 4. Registered Public Comments and Speakers CCHIC 10-4-21-Item 67422.pdf, 5. Emailed Public Comments CCHIC 10-4-21-Zeier.pdf
Fiscal Note
The proposed resolution authorizes the City of Madison to purchase the property located at 2002 Zeier Road for use as a temporary men’s homeless shelter and as a long-term site for redevelopment. The estimated cost for the acquisition is $2,635,000, plus an estimated $580,000 for environmental studies, closing costs, and architectural / engineering services to prepare plans for the renovation / conversion of the Property to a site for a temporary men’s homeless shelter. The property acquisition and accompanying costs will be funded by available budget authority the Economic Development Division’s Land Banking capital program and/or the General Land Acquisition Fund capital program
. No additional City appropriation is required.
Title
Authorizing the City’s execution of a Purchase and Sale Agreement between the City of Madison and BIP Enterprises, LLC, or their successors and assigns, for the purchase of the property located at 2002 Zeier Road (the “Property”) in the City of Madison for use as a temporary men’s homeless shelter and as a long-term site for redevelopment. (17th A.D.)
Body
WHEREAS, BIP Enterprises, LLC (“Seller”) is the owner of the property located at 2002 Zeier Road, which contains 2.67 acres improved with a 31,550 square foot retail building (the “Property”), legally described as follows:

Lots 32 & 32, REGIONAL EAST PHASE II

WHEREAS, the City of Madison (“City”) desires to purchase the Property on which to establish, in partnership with Dane County, a facility that will provide shelter services to men experiencing homelessness, and;

WHEREAS, the Mayor directed City Real Estate Staff to pursue the purchase of one or more properties suitable for such use, and;

WHEREAS, the City’s acquisition of the Property would allow the City, in collaboration with Dane County, to create a new space to serve individuals experiencing homelessness; and

WHEREAS, the City is currently housing individuals at its First Street building, which is the e...

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