City of Madison - File #: 67422

• File #: 67422
• Version: 1
• 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

Date	Ver.	Action By	Action	Result
10/5/2021	1	COMMON COUNCIL	Adopt	Pass
10/4/2021	1	CITY-COUNTY HOMELESS ISSUES COMMITTEE	Return to Lead with the Recommendation for Approval	Pass
9/27/2021	1	FINANCE COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
9/21/2021	1	FINANCE COMMITTEE	Refer
9/21/2021	1	COMMON COUNCIL	Add Referral(s)	Fail
9/21/2021	1	COMMON COUNCIL	Refer	Pass
9/14/2021	1	Economic Development Division	Referred for Introduction

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...