CCR1997131COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #131-97
DETERMINATION OF ACQUISITION OR LEASE OF
PARKLAND MALL FOR LIBRARY PURPOSES
WHEREAS, the Common Council for the past year has explored
options for placing a public library at Parkland Mall following
an advisory referendum to do so; and
WHEREAS, the option of purchase over lease was explored in great
detail; and
WHEREAS, the Council made the determination to pursue acquisition
rather than lease because of long range cost factors as well as
and control of tenant mix; and
control issues involving management, future property condition
WHEREAS, the City was not successful in purchasing Parkland Mall;
and
WHEREAS, the City has been approached by the new owner, Mr. Art
Dyer, representing Parkland Venture LLC; and
WHEREAS, Mr. Dyer has brought forward an initial proposal for the
City to lease space at $7.95 per square foot at triple net; and
WHEREAS, the Council has reviewed that request as well as
discussed the possibility of purchasing a portion of the Mall for
the Library.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego is no longer interested in the lease or possible
purchase of a portion of Parkland Mall at this time because of
because of lack of control over the entire center. long-term costs associated with leasing or a partial purchase
BE IT FURTHER RESOLVED that the Common Council of the City of
Muskego will still pursue its options for an expanded or new
library facility.
DATED THIS 29th DAY OF MAY , 1997.
SPONSORED BY:
David L. De Angelis, Mayor
This is to certify that this is a true and accurate copy of
Resolution #131-97 which was adopted by the Common Council of the
City of Muskego.
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