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Marquette Hall, LLC Sale of Property_Initiate Copyrighted February 27, 2017 City of Dubuque Items to be set for Public Hearing # 1. ITEM TITLE: Marquette Hall, LLC Sale of Property SUMMARY: City Manager recommending setting a public hearing for March 6, 2016, on the intent to dispose of interest in real estate pursuant to a Purchase and Sale Agreement between the City of Dubuque and Marquette Hall, LLC. RESOLUTION of Intent to dispose of an interest in real estate by Deed to Marquette Hall, LLC pursuant to a Purchase and Sale Agreement between the City of Dubuque and Marquette Hall, LLC SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for March 6, 2017 ATTACHMENTS: Description Type Marquette Hall Setting a Public Hearing-MVM Memo City Manager Memo Staff Memo Staff Memo Resolution of Intent Resolutions Notice of Public Meeting Supporting Documentation THE CITY OF DUUUCYUe had DUB E Masterpiece on the Mississippi 2007.2012.2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Setting a Public Hearing on the Intent to Dispose of an Interest in Real Estate Pursuant to a Purchase and Sale Agreement Between the City of Dubuque and Marquette Hall, LLC DATE: February 24, 2017 City Attorney Crenna Brumwell requests the City Council set a public hearing for March 6, 2016, on the intent to dispose of interest in real estate pursuant to a Purchase and Sale Agreement between the City of Dubuque and Marquette Hall, LLC. I concur with the recommendation and respectfully request Mayor and City Council approval. k / 1Z5v; Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager THE CITY OF DUB E MEMORANDUM Masterpiece on the Mississippi CRENNA M . BRUMWELL , ESQ. CITY ATTORNEY To: Michael C. Van Milligen City Manager DATE: February 24, 2017 RE: Setting a Public Hearing on the Intent to Dispose of an Interest in Real Estate Pursuant to a Purchase and Sale Agreement Between the City of Dubuque and Marquette Hall, LLC The City of Dubuque, Iowa and Marquette Hall, LLC entered into a Purchase and Sale Agreement dated the 1st day of February, 2016, as amended, for the sale of a vacated alley between Regent Street and Queen Street. The attached resolution sets a public hearing on the intent to dispose of the property. I recommend that the resolution setting a public hearing on the intent to dispose of the property be submitted to the City Council for consideration and adoption. CMB:tls Attachment Cc: Maurice Jones, Economic Development Director Alvin Nash, Housing & Community Development Director F:\Users\tsteckle\Lindahl\Marquette Hall LLC\MVM_SettingPublicHearing_022417.doc OFFICE OF THE CITY ATTORNEY DUBUQUE, IOWA SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001-6944 TELEPHONE (563)589-4381 /FAX (563)583-1040/EMAIL cbrumwel@cityofdubuque.org Prepared by: Crenna Brumwell, Esq., 300 Main St., Suite 330, Dubuque, IA 52001 563-589-4381 Return to: Maurice Jones, 50 W. 13th Street, Dubuque, IA 52001 563-589-4393 RESOLUTION NO. 79-17 INTENT TO DISPOSE OF AN INTEREST IN REAL ESTATE BY DEED TO MARQUETTE HALL, LLC PURSUANT TO A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY OF DUBUQUE AND MARQUETTE HALL, LLC. WHEREAS, the City of Dubuque (City) is the owner of the following described real estate: Vacated alley between Regent Street and Queen Street (the Property), as shown on Exhibit A ; and WHEREAS, City desires to sell the Property to Marquette Hall, LLC pursuant to a Purchase and Sale Agreement dated February 1, 2016, as amended (the Purchase Agreement), now on file at the Office of the City Clerk, City Hall, 13th and Central, Dubuque, Iowa; and WHEREAS, the City Council has tentatively determined that it would be in the best interests of the City to approve the Purchase and Sale Agreement and the sale of the Property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City of Dubuque intends to dispose of its interest in the Property by Deed to Marquette Hall, LLC pursuant to the Purchase and Sale Agreement. Section 2. That the City Clerk is hereby authorized and directed to cause this Resolution and a notice to be published as prescribed by Iowa Code Section 364.7 of a public hearing on the City's intent to dispose of the Property to be held on the 6th day of 1 March, 2017, at 6:00 o'clock p.m. at the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa. Passed, approved and adopted this 27th day of Fjbruary, 2017. 11_ "4 Roy D. Buol, ayor ATTEST: Kevirry`S. Firnstahl, City Clerk F:\Users\tsteckle\Lindahl\Marquette Hall LLC\Resolution_Intent to Dispose_022417.doc 2 EXHIBIT A Piot of Scirvey (ROW YacUon) Lot 34—A of Sanford Subdivi5ion, ir the C4ity of Dubti gut:, Iwo • Corripelacd if: brjcs9 ROW vrn7Iti7,4-, of 1%6, 2V° Al,ny tetwefen & (u* t. nd Lo v 19 Lg.!, 11 in liut.-:'neinitxt, in IttA City t4 W47-,3 r...14.r74"4'r=7,41447 47.44i77"' r.7,744.- 1444414,177",:t.r, 14 .4' e\*. % e/ 4 ,\\07 l,, ' 1, r?;• 4X, r/ , F rI,A.,,,-, ;-1a,7,8,t47;.w4t: ,4, e, , 444 t,,t4rm t‘r -77 47 '.\ - 1 t " 44717C1' ,rii /7. i77 . \ 7,'447\7741C',/ '-', 4 4 , 1.. 4, '.' / 77 , , %;',37 \ 'SY g / / % e " -,,,,1 't x• ° '' '' ,e` . e ;-, ,,,E,:es,a. t 4.,71 74 ttY, 3 -0 re- t,t\f-e—Vi 4444444 / 44.441 Shrirylt; \ 74"*, 44 .""7, .4,44 ,T.Z vf, rtx.c1 4.1 /7 '470 444. VA 61---n,447 4- " 47 ",44 7". 4 44-,- 4. 44 V/ 34 444.44 10 Li 0,41 4474 4 -17,Nke ''''447„.. 10 34 144.44/ 7 'IV 4 ▪ 47„, 7-471) 4' 444 r 4.7,77,"Prt 4,47 444 74, • 47.r.,7n vet.qr,. vtItt, • 77744 474 '444 44774 7.77< - nn -v'-14 4444 , - • 7$770 47774 rth 4:47,4,4 7,7 0,4/ 4/47 ,A1 • 7,1 7.71 V7,4 7,4 774,77 447 741 .48,43,'41, 4.77474'47, "47444.4 1' 7. 4.7 444444. 4.4477,7444444 1,4 77.4.4 ,"4, 6744.4444 144.444 74>473474444, 4473 44.770700 4>.4 4. 77444444. 4-474,44, '77A, 1.777 '4>44. =:71* -7,44 : 4-70 71 4 44, 7t4C4 4714 71 7. 4>414,44 .4 1 774 47744444-4 44 7,7727 744 or "4*17`ii7444043,";,";177",-,, '*4 r74 471.444 47"4>S ,474(1.r 77474 1, 4/44/ 7044 47 77,4 4, 44744777 177 47, 4774, 444' ,,777,, 7',"""1,.. 7 Tn744:`, —14414 47"7.474, 777.4.774 ,77,4, 77 4.114,44474 2,r../r. 4/14404444.4444 4444447 , 3 ta) f 4440,1714, ,44.44,,fr4 444 4,4.4,747 ,741,47.-74 47 447,77 A CITY OF DUBUQUE OFFICIAL NOTICE NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA ON THE MATTER OF THE APPROVAL OF A PURCHASE AND SALE AGREEMENT WITH MARQUETTE HALL, LLC. DISPOSING OF THE CITY’S INTEREST IN CERTAIN REAL ESTATE PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will th hold a public hearing on the 6 day of March, 2017 at 6:00 p.m. in the City Council th Chambers at the Historic Federal Building, 350 W. 6 Street, Dubuque, Iowa, at which meeting the City Council proposes to take action approving a Purchase and Sale Agreement with Marquette Hall, LLC disposing of the City’s interest by Deed to Marquette Hall, LLC in the following described real estate (the Property): Vacated alley between Regent Street and Queen Street As shown on Exhibit A. The Purchase and Sale Agreement, as amended, is on file at the Office of the City Clerk, th City Hall, 50 West 13 Street, Dubuque, Iowa. At the meeting, the City Council will receive oral and written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the City Council may at this meeting or at any adjournment thereon, take additional action for the disposition of the City’s interest in the Property and the approval of the Purchase and Sale Agreement, or will abandon the proposal. This notice is given by order of the City Council of the City of Dubuque, Iowa. st Dated this 1 day of March, 2017 Kevin S. Firnstahl City Clerk of Dubuque, Iowa RESOLUTION NO. 79-17 INTENT TO DISPOSE OF AN INTEREST IN REAL ESTATE BY DEED TO MARQUETTE HALL, LLC PURSUANT TO A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY OF DUBUQUE AND MARQUETTE HALL, LLC. WHEREAS, the City of Dubuque (City) is the owner of the following described real estate: Vacated alley between Regent Street and Queen Street (the Property), as shown on Exhibit A ; and WHEREAS, City desires to sell the Property to Marquette Hall, LLC pursuant to a Purchase and Sale Agreement dated February 1, 2016, as amended (the Purchase Agreement), now on file at the Office of the City Clerk, City Hall, 13th and Central, Dubuque, Iowa; and WHEREAS, the City Council has tentatively determined that it would be in the best interests of the City to approve the Purchase and Sale Agreement and the sale of the Property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City of Dubuque intends to dispose of its interest in the Property by Deed to Marquette Hall, LLC pursuant to the Purchase and Sale Agreement. Section 2. That the City Clerk is hereby authorized and directed to cause this Resolution and a notice to be published as prescribed by Iowa Code Section 364.7 of a th public hearing on the City’s intent to dispose of the Property to be held on the 6 day of th March, 2017, at 6:00 o’clock p.m. at the Historic Federal Building, 350 West 6 Street, Dubuque, Iowa. th Passed, approved and adopted this 27 day of February, 2017. Roy D. Buol, Mayor ATTEST: Kevin S. Firnstahl, City Clerk 1t 3/1 2 3