Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Property Transaction topic
No spam. Unsubscribe anytime.
Committee approves quitclaim to remove 1960s retail-only restriction at 731 N. Third St.
Summary
The Economic Development Committee approved a quitclaim deed extinguishing a city-era restriction that limited use of the triangular parcel at 731 North Third Street (the Grable Building site) to a retail department store; the action clears an old deed restriction at the request of Beacon Resources LLC.
The City of Wausau Economic Development Committee on June 3 voted to approve a quitclaim deed removing an outdated deed restriction on property at 731 North Third Street, commonly known as the Grable Building site. The action clears a clause that limited the parcel’s use to a department store when the parcel was sold in the 1950s–1960s.
Motion and vote The motion to approve the quitclaim deed was made by Alder Gisselman and seconded by Alder Henke. The committee approved the motion by voice vote with no recorded opposition; the chair declared the motion carried.
What the quitclaim does Committee members and city counsel said the quitclaim would remove any remaining city interest in enforcing the decades-old restriction so the current private owner can proceed with title work and private development planning. City legal counsel summarized the mechanics: the city is not transferring ownership of the parcel; rather, it is releasing any remaining right to enforce the earlier “retail department store” restriction that was included in the original sale.
Questions and outstanding issues Committee members asked about the prospective private development and contamination concerns. A committee member said the buyer has been identified in public filings as Chuck Adorsey and noted a Department of Natural Resources letter concerning contamination on the site; the committee’s discussion made clear that any future development proposals, environmental remediation or requests for city assistance would be separate actions requiring additional review.
Committee chair Randy Lukins said the quitclaim was a title-cleanup requested by the current owner, Beacon Resources LLC, and that it would not itself authorize future land-use changes. The committee voted to approve the quitclaim deed as presented.
Ending: The quitclaim clears a long-standing deed limitation; committee members said they will watch any subsequent development proposals or requests arising from the site as they proceed through planning and regulatory review.
