Number
031104
Version
ORIGINAL
Reference
Sponsor
ALD. JOHNSON-ODOM
Title
Resolution declaring twenty-four vacant, tax-deed lots surplus and authorizing sale to the Inner City Redevelopment Corporation for residential construction, in the 6th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of twenty-four vacant, tax-deed lots for residential development.
Body
Whereas, The Inner City Redevelopment Corporation ("ICRC") has offered $1 each to purchase the vacant, tax-deed lots which are located at:
ADDRESS, TAX KEY NO.
2911 North 5th Street, #313-0122-9
2915 North 5th Street, #313-0121-3
2932 North 5th Street, #313-2019-5
2965-67 North 5th Street, #313-2125-1
3123 North 5th Street, #282-1696-0
3136 North 5th Street, #282-1723-6
3217 North 5th Street, #282-1683-X
3267 North 5th Street, #282-1672-X
3273 North 5th Street, #282-1671-4
3279 North 5th Street, #282-1670-9
3283-85 North 5th Street, #282-1669-3
3122 North 6th Street, #283-1144-6
3128 North 6th Street, #283-1143-0
3134 North 6th Street, #283-1142-5
3138 North 6th Street, #283-1141-100-6
3142-44 North 6th Street, #283-1140-100-0
3100 North 7th Street, #283-1091-100-5
3104 North 7th Street, #283-1092-4
3108 North 7th Street, #283-1093-X
3112 North 7th Street, #283-1094-5
3116-18 North 7th Street, #283-1095-0
3276 North 7th Street, #283-0970-9
3280 North 7th Street, #283-0971-4
3300-02 North 7th Street, #283-0888-3
; and
Whereas, The Department of City Development recommends acceptance of the offer contingent upon site and building plan approval prior to closing on said lots; and
Whereas, Said lots are to be sold in an "as is" condition without representations or warranties including but not limited to soil quality and subsurface condition; and
Whereas, The City Plan Commission has determined that there is no municipal need for said lots; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that said lots are declared surplus, that the Offer to Purchase from the Inner City Redevelopment Corporation is accepted and that the proper City officials are authorized and directed to perform such acts as necessary to carry out the intent of this resolution with the proceeds from the sale credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:ss
11/25/03/E