City of Madison, Wisconsin | Legislative Information Center
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File #: 67718    Version: Name: SECOND SUBSTITUE - Amending the 2021 Adopted Parks Division Capital Budget and Authorizing the execution of a Purchase and Sale Agreement between the City of Madison and Cherokee Park, Inc. for the City’s purchase of approximately 22 acres located at the
Type: Resolution Status: Passed
File created: 10/5/2021 In control: BOARD OF PARK COMMISSIONERS
On agenda: 11/2/2021 Final action: 11/2/2021
Enactment date: 11/5/2021 Enactment #: RES-21-00745
Title: SECOND SUBSTITUTE - Amending the 2021 Adopted Parks Division Capital Budget and Authorizing the execution of a Purchase and Sale Agreement between the City of Madison and Cherokee Park, Inc. for the City’s purchase of approximately 22 acres located at the southeast corner of N. Sherman Avenue and Wheeler Road for the expansion of Whitetail Ridge Park and the preservation of urban forest canopy.
Sponsors: Satya V. Rhodes-Conway, Syed Abbas, Charles Myadze, Yannette Figueroa Cole
Attachments: 1. version 1.pdf, 2. version 2.pdf, 3. PC Locator Maps.pdf, 4. Whitetail Ridge Park Expansion Legal Description v2 - Exhibit A.pdf, 5. Whitetail Ridge Park Exapansion Map - Exhibit B.pdf, 6. Whitetail Ridge Park Expansion- Public Comment.pdf, 7. Cherokee SAP-Map 9A.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
11/2/20213 COMMON COUNCIL Adopt - 15 Votes RequiredPass Action details Meeting details Not available
10/25/20213 FINANCE COMMITTEE RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICERPass Action details Meeting details Not available
10/18/20213 PLAN COMMISSION Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
10/13/20212 BOARD OF PARK COMMISSIONERS Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
10/5/20211 FINANCE COMMITTEE Referred  Action details Meeting details Not available
10/5/20211 FINANCE COMMITTEE Referred  Action details Meeting details Not available
10/5/20211 COMMON COUNCIL Referred  Action details Meeting details Not available
Fiscal Note
The proposed resolution amends the 2021 Parks Division Capital Budget by appropriating an additional $2,100,000 in Citywide Parkland Impact Fees to the Whitetail Ridge Expansion Project (Munis No. 13849). This resolution also authorizes the execution of a Purchase and Sale Agreement between the City of Madison and Cherokee Park Inc. for the City’s purchase of the property located in City of Madison at the southeast corner of Wheeler and Sherman. The total acquisition costs are estimated to be $2,100,000 broken out as follows: $2,061,500 for the purchase price of the Real Estate, $25,000 for demolition costs, and $13,500 for miscellaneous closing costs (prorated taxes, filling fees, etc.) and Real Estate staff costs.

Title
SECOND SUBSTITUTE - Amending the 2021 Adopted Parks Division Capital Budget and Authorizing the execution of a Purchase and Sale Agreement between the City of Madison and Cherokee Park, Inc. for the City’s purchase of approximately 22 acres located at the southeast corner of N. Sherman Avenue and Wheeler Road for the expansion of Whitetail Ridge Park and the preservation of urban forest canopy.

Body
WHEREAS, Cherokee Park, Inc. (the “Seller”) owns approximately 22 acres of vacant land located in the City of Madison, Dane County, Wisconsin, as legally described on attached Exhibit A and depicted on attached Exhibit B (the “Property”); and

WHEREAS, the property is a heavily wooded parcel that includes mature native trees that provide a significant enhancement to the urban forest managed by the Parks Division; and

WHEREAS, the property provides an additional natural landscape feature in close proximity to the natural landscapes already managed by the City as a part of the adjacent Cherokee Marsh Conservation Park system; and

WHEREAS, the Property is currently located within the City of Madison and is identified as potential residential development in the City’s 2018 Comprehensive Plan and 2007 Cherokee Special Area Plan; a...

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