HomeMy WebLinkAbout17-04 Option to Purchase - 6th & NebraskaREDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN
FEBRUARY 14, 2017 17-04 RESOLUTION
(CARRIED________LOST________LAID OVER________WITHDRAWN________)
PURPOSE:APPROVE OPTION TO PURCHASE VACANT LOT; 6TH AVENUE
AND NEBRASKA STREET; 50 WEST 6TH STREET, LLC
BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that
the option to purchase submitted by 50 West 6th Street, LLC or its Assigns, for the vacant
lot on 6th Avenue and Nebraska Street is hereby accepted and the proper officials are
hereby authorized and directed to execute any and all documents necessary for purposes
of same.
BE IT FURTHER RESOLVED that the terms of said option to purchase agreement
shall include, but not be limited to:
1)Formal submittal of a proposal by December 31, 2017 with option for 6 month
extension.
2)Approval of the final site plan by the Redevelopment Authority.
3)Provide lending financing commitment.
4)All Zoning Ordinance requirements must be met or variances obtained.
5)The option fee shall be Seven Thousand Five Hundred Dollars and NO/100
($7,500.00).
TO:City of Oshkosh Redevelopment Authority
FROM:Allen Davis, Community Development Director
DATE:February 9, 2017
SUBJECT:17-04 Approve Option to Purchase Vacant Lot; 6th Avenue and Nebraska
Street; 50 West 6th Street, LLC
Background
The owner and redeveloper of the Granary, Andy Dumke, is requesting an option for the
vacant RDA owned property on the southwest corner of 6th and Nebraska.
Analysis
Mr. Dumke had presented his ideas for the redevelopment of the Granary to the RDA in
2016. His plans have progressed so that he is planning to use the RDA lot for a parking
lot in support of the Granary redevelopment.
Recommendation
The RDA approves the option to purchase the vacant lot at 6th Ave and Nebraska to 50
West 6th Street, LLC.
25
34
107125127131139
30
137
106
716
121 107 701
715
707
344044
39
136 132 128 124 118 114 106 100
113
103
110
304044
41 35 25
132
51 35
50
31
4050126106
122 110
609
143 139 117
131 127 123 117 113 107 105
800A
608
45
133
111
800 802 804 806 820 822 824
425
613
617
W 8TH AVW 8TH AV
W 7TH AVW 7TH AV
W 6TH AVW 6TH AV
NEBRASKA ST
NEBRASKA ST
W 5TH AVW 5TH AV
J:\GIS\GIS_Base_Maps\Planning Base Map.mxd User: andreaf
6 t h A v e & N e b r a s k a6th A v e & N e b r a s k a
The City of Oshkosh creates and maintains GIS maps and data for its own use.They may show the approximate relative location of property, boundaries and otherfeature from a variety of sources. These map(s)/datasets are provided forinformation purposes only and may not be sufficient or appropriate for legal,engineering, or surveying purposes. They are provided “AS-IS” without warranties Prepared by: City of Oshkosh, WI
Printing Date: 2/7/2017
1 in = 100 ft1 in = 0.02 mi¯
107
106
103
110
4044
41
50
4050106
110
609 608
45111
613
617
W 6TH AVW 6TH AV
NEBRASKA ST
NEBRASKA ST
W 5TH AVW 5TH AV
J:\GIS\GIS_Base_Maps\Planning Base Map.mxd User: andreaf
6 t h A v e & N e b r a s k a6th A v e & N e b r a s k a
The City of Oshkosh creates and maintains GIS maps and data for its own use.They may show the approximate relative location of property, boundaries and otherfeature from a variety of sources. These map(s)/datasets are provided forinformation purposes only and may not be sufficient or appropriate for legal,engineering, or surveying purposes. They are provided “AS-IS” without warranties Prepared by: City of Oshkosh, WI
Printing Date: 2/7/2017
1 in = 50 ft1 in = 0.01 mi¯