Review Agenda Item
Meeting Date: 7/16/2020 - 5:30 PM
Category: Items of Business
Type: Action
Subject: 1. Action on Resolution 2021R-006 by Director Woodward Regarding the 53206 Initiative
Strategic Plan Compatibility Statement:
Goal 1
Academic Achievement
Policy: Admin Policy 3.01 - Annual Operating Budget
Attachments Resolution 2021R-006 by Director Woodward
File Attachment:
Resolution 2021R-006.pdf
Background: In May 2020, the Board approved a donation agreement between Milwaukee Public Schools, the City of Milwaukee, and Phillis Wheatley School Redevelopment, LLC, related to the former Phillis Wheatley School property located at 2442 N. 20th Street.

The approved price for the Phillips Wheatley K-8 School building was $465,000, with $115,000 of that amount included in the purchase price section of the Purchase and Sale Agreement and the remaining balance of $350,000 structured under the Donation Agreement, which was approved by the Board in May 2020.

The Board referred Resolution 2021R-006 by Director Woodward at its June 25, 2020 meeting. The intent of the resolution is that the proceeds from the sale of the former Wheatley site to come to the district as detailed in the donation agreement be allocated to support the district's 53206 Initiative and the schools within the Board's District 4.
Fiscal Impact Statement: This item does not authorize expenditures.
Implementation and Assessment Plan
Recommendation: The Administration recommends that the Board decide how it wishes to proceed with Resolution 2021R-006 by Director Woodward Regarding the 53206 Initiative.
Approvals:
Recommended By:
Signed By:
Keith Posley, Ed.D. - Superintendent