City of Milwaukee - File #: 010458

• File #: 010458
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 7/17/2001
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 8/2/2001
• Title: Resolution accepting ten buildable parcels of land from the bankruptcy court representing the Community Development Corporation of Wisconsin and authorizing the sale of said parcels for new residential construction, in the 17th Aldermanic District. (DCD Real Estate)
• Sponsors: ALD. HINES JR.
• Indexes: HOUSING, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
8/10/2001	0	MAYOR	SIGNED
8/2/2001	0	COMMON COUNCIL	ADOPTED	Pass	15:0
7/31/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
7/25/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
7/25/2001	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED	Pass	4:0
7/23/2001	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/18/2001		PUBLIC WORKS COMMITTEE	REFERRED TO
7/17/2001	0	COMMON COUNCIL	ASSIGNED TO

Number

010458

Version

ORIGINAL

Reference

Sponsor

ALD. HINES

Title

Resolution accepting ten buildable parcels of land from the bankruptcy court representing the Community Development Corporation of Wisconsin and authorizing the sale of said parcels for new residential construction, in the 17^th Aldermanic District. (DCD Real Estate)

Analysis

This resolution authorizes the Department of City Development to accept title to and sell ten buildable parcels of land.

Body

Whereas, The Community Development Corporation of Wisconsin ("CDC") purchased ten parcels of land from the City of Milwaukee to build single family homes for sale to owner-occupants; and

Whereas, Due to a bankruptcy petition, the project never proceeded to fruition and the parcels remain vacant; and

Whereas, Said parcels are located in an active redevelopment area, namely the City/NIDC/WHEDA Lindsay Heights project area; and

Whereas, The Neighborhood Improvement Development Corporation ("NIDC") has petitioned the bankruptcy court to release the following parcels of land for return to the City of Milwaukee's real estate inventory for inclusion in the Lindsay Heights project:

1723 North 18^th Street, #351-3542-8

1725 North 18^th Street, #351-3541-2

1727 North 18^th Street, #351-3651-0

1728 North 18^th Street, #351-3503-5

1729 North 18^th Street, #351-3652-6

1730 North 18^th Street, #351-3504-0

1737 North 18^th Street, #351-3653-1

1738 North 18^th Street, #351-3506-1

1740 North 18^th Street, #351-3507-7

1751 North 18^th Street, #351-3654-7

; and

Whereas, The Department of City Development ("DCD") recommends acceptance of title to and sale of said parcels provided that title, free and clear of any and all encumbrances, is delivered to the DCD; and

Whereas, The City Plan Commission has approved the acceptance and sale of said parcels; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that said parcels are approved for acceptance into the City's inventory provided that clear title, free of any and all liens, encumbrances, taxes, charges or any other assessments affecting title, is received by the Department of City Development; and, be it

Further Resolved, That the DCD is authorized and directed to sell said parcels to NIDC and/or third party designees for new residential construction.

Drafter

DCD-Real Estate

SS:ss

07/17/01/A