IMMEDIATE ADOPTION
Number
230539
Version
ORIGINAL
Reference
201675, 170312, 160634
Sponsor
ALD. MURPHY
Title
Resolution removing a joining deed restriction from former tax-deed properties located at 5413 West Lisbon Avenue and 2510 North 55th Street, and adding a new joining restriction to 5413 West Lisbon Avenue, in the 10th Aldermanic District.
Analysis
This resolution removes a deed restriction imposed by the City of Milwaukee that joined the former tax-deed properties at 5413 West Lisbon Avenue and 2510 North 55th Street, and adds a new restriction joining 5413 West Lisbon Avenue to the former tax-deed property at 5419 West Lisbon Avenue.
Body
Whereas, The City of Milwaukee conveyed 5413 West Lisbon Avenue and 2510 North 55th Street to Battlebox Studios Limited on May 26, 2021; and
Whereas, The Deed for the properties was recorded in the Milwaukee County Register of Deeds office as document number 11119434 (“The Deed”); and
Whereas, The Deed contains a joining restriction combining 5413 West Lisbon Avenue and 2510 North 55th Street; and
Whereas, The Joining restriction contained within The Deed can not be released without the approval of the Common Council; and
Whereas, Battlebox Studios Limited seeks to sell 2510 North 55th Street and retain ownership of 5413 West Lisbon Avenue; and
Whereas, Battlebox Studios Limited also owns and operates business properties adjacent to 5413 West Lisbon Avenue that were former tax-deed properties; and
Whereas, Battlebox Studios seeks to combine the property at 5413 West Lisbon Avenue with the former tax-deed property at 5419 West Lisbon Avenue to continue business operations; and
Whereas, The Department of City Development and the local alderperson support Battlebox Studios’ efforts; and
Whereas, The Joining restriction on The Deed must be removed to facilitate the sale; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the joining deed restriction for 2510 North 55th Street and 5413 West Lisbon Avenue are hereby released; and be it
Further Resolved, That the Commissioner of the Department of City Development or their designee is authorized to execute all necessary documents to release, waive and disclaim the joining restriction for 2510 North 55th Street and 5413 West Lisbon Avenue; and be it
Further Resolved, That the Commissioner of the Department of City Development or their designee is authorized to execute all necessary documents to effectuate the joining of the property at 5413 West Lisbon Avenue to the property at 5419 West Lisbon Avenue.
Drafter
DCD:Amy.Turim:aet
7/27/2023/A