The Oak Creek Common Council on Monday is scheduled to vote on a proposed lease between the city and school district, a formal step following the much-debated land swaps that were approved in the spring.
Under the agreement, the city would lease the property now home to the city hall, library, Fire Station 1 and Oak Creek Community Center for $1 per year. The lease ends 180 days after substantial completion of the new city hall and library at the former Delphi site, or on Dec. 31, 2015.
The proposed lease comes three months after the council gave the final sign-off to a series of land swaps involving the school district, city and Wispark, the developer and owner of the Delphi site.
In addition to the property and Puetz and Howell, which the school district plans to use for an expansion of Oak Creek High School, the district gets a 16-acre parcel at 2200 W. Drexel Ave. for a future elementary school; Wispark gets 50 acres on Oakwood Road for the development of a business park; and the city gets seven acres on the Delphi site for the city hall and library.
The council meeting begins at 6:30 p.m. at Oak Creek City Hall, 8640 S. Howell Ave.