Number
250527
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. COGGS
Title
Substitute resolution approving the Land Disposition Report and Due Diligence Checklist and authorizing assignment pursuant to 75.106, Wisconsin Statutes, of 312 West Keefe Avenue, in the 6th Aldermanic District.
Analysis
This resolution, if the City of Milwaukee is successful in tax foreclosure, authorizes the assignment of the tax delinquent parcel at 312 West Keefe Avenue to Kreeation Consulting Group, LLC. The property at 312 West Keefe Avenue is currently owned by Asad Sharif and as of July 2025, is tax-delinquent $77,884.87 and is a property suspected of being contaminated by hazardous substances under sec. 75.106, Wis. Stats. The property is in the City’s 2025 No. 2 property foreclosure file and Kreeation Consulting Group, LLC desires to accept assignment of the tax-foreclosure judgment and redevelop the property.
Body
Whereas, The Department of City Development (“DCD”) conducted a historical land use investigation and found that 312 West Keefe Avenue (the “Parcel”) historically was operated as gas station that may have handled materials that may have impacted the environmental conditions at the Parcel resulting in DCD placing the Parcel on DCD’s brownfield list of “Do Not Acquire” properties; and
Whereas, DCD received an inquiry about redeveloping the Parcel from the Kreeation Consulting Group, LLC (the “Assignee”); and
Whereas, The Assignee (or assigns) is willing to receive the property tax-foreclosure judgement assignment of the Parcel and renovate the Parcel as a coin-operated laundromat and put the Parcel back onto the tax rolls and back into productive reuse; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee (“Common Council”), that the Common Council approves the Land Disposition Report (“LDR”) that is part of this file, and per Milwaukee Code of Ordinances 308-22-2, authorizes City property tax-foreclosure of the Parcel so that, if the City is entitled to judgment in such action, the tax-foreclosure judgment as it relates to the Parcel may be immediately assigned by the tax-foreclosure court to Assignee on an “as is, where is” basis per the LDR, and the Common Council authorizes appropriate City officials to sign and enter into an Assignment Agreement with Assignee materially consistent with the LDR and to take the acts contemplated hereby and thereunder; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is authorized to execute the Assignment Agreement with the Assignee, or assigns, and to facilitate the Assignment Agreement in substantial conformance with the terms of the LDR, a copy of which is attached to this Common Council File; and, be it
Further Resolved, That the assignment fee collected from the Assignee, less the City’s cost of administering the in-rem foreclosure and assignment shall be credited to the City of Milwaukee Delinquent Tax Fund.
Drafter
DCD:Matt.Haessly:mfh
07/21/25