City of Milwaukee - File #: 110994

• File #: 110994
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/30/2011
• In control: JUDICIARY & LEGISLATION COMMITTEE
• Final action: 12/20/2011
• Title: Substitute resolution authorizing the return of real estate located at 2638-2640 N 47th Street, in the 15th Aldermanic District to its former owner. (Anchor Bank)
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
12/27/2011	1	MAYOR	SIGNED
12/20/2011	1	COMMON COUNCIL	ADOPTED	Pass	14:0
12/12/2011	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Lynn Steffen - DNS Karen Taylor - DCD Rich Schmidt - Treasurer Office Lorettta Bunkie - VP Anchor Bank Department of Neighborhood Services does not object to the return of this property provided the applicant pays $525.00 in pending recording enforcement fees and $200.87 on litter nuisance charges. Total amount owed is $725.87 Taxes due if paid in December $14,311.99 if paid by January 19, 2012 $14,469.22	Pass	5:0
12/7/2011	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
12/7/2011	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/30/2011	0	COMMON COUNCIL	ASSIGNED TO

Number
110994
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 2638-2640 N 47th Street, in the 15th Aldermanic District to its former owner. (Anchor Bank)
Analysis
Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances
Body
Whereas, The property located at 2638-2640 N 47th Street, previously owned by Anchor Bank, has delinquent taxes for 2008-2010 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and a fee simple absolute was obtained in favor of the City of Milwaukee dated September 16 110994; and

Whereas, Anchor Bank would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since September 16; and

Whereas, Anchor Bank has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’s Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 2638-2640 N 47th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No. 11CV7456 known as the 2011-02 In Rem Parcel 178, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

Further Resolved, That if the above delinquent ...