Number
081205
Version
ORIGINAL
Reference
Sponsor
ALD. COGGS AND HINES
Title
Resolution authorizing the sale of City-owned vacant lots to Milwaukee Habitat for Humanity, Inc., to create building sites for its 2009 housing program, in the 6th and 15th Aldermanic Districts.
Analysis
This resolution authorizes the sale of multiple Neighborhood Properties to a buyer pursuant to Section 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, Milwaukee Habitat for Humanity, Inc., (“Habitat”) is a community-based organization that has been providing affordable housing to first-time homebuyers that qualify as low to moderate-income households in Milwaukee since 1984; and
Whereas, Habitat desires to build 25 single-family homes for its 2009 housing program and has submitted an unsolicited offer to purchase the following City-owned vacant lots, as summarized in a Land Disposition Report and a copy of which is attached to this Common Council File:
ADDRESS, TAX KEY NO.
3131 North Buffum Street, 281-1511-000
3152 North Buffum Street, 281-2317-000
3207 North Buffum Street, 281-2511-000
3215 North Buffum Street, 281-2509-000
3000 North Richards Street, 314-0662-000
3008 North Richards Street, 314-0663-100
3028 North Richards Street, 314-0668-000
3032 North Richards Street, 314-0669-000
3157 North Richards Street, 282-2707-000
3227 North Richards Street, 282-2533-000
3249 North Richards Street, 282-2508-000
238 East Burleigh Street, 282-2719-000
203 East Burleigh Street, 313-1613-000
3209 North Achilles Street, 282-1824-100
3227 North Achilles Street, 282-1828-100
2540 North 20th Street, 324-0969-100
2532 North 20th Street, 324-0971-000
2528 North 20th Street, 324-0972-000
2513 North 21st Street, 325-0344-000
2519 North 21st Street, 325-0333-000
2521 North 21st Street, 325-0330-000
2527 North 21st Street, 325-0329-000
2529 North 21st Street, 325-0326-000
2555 North 21st Street, 325-0809-000
2561 North 21st Street, 325-0810-000
; and
Whereas, Section 304-49-7 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase when the City receives fair compensation, whether monetary or non-monetary; and
Whereas, The sale of these lots will allow Habitat to continue to provide affordable homeownership opportunities to low and moderate-income families and will provide the City with fair compensation through additional tax base and housing opportunities; and
Whereas, The Department of City Development (“DCD”) recommends sale of these lots with closing contingent on DCD approval of final site and building plans and evidence of financing; and
Whereas, These lots will be sold in “as is” condition without representations or warranties including but not limited to soil quality and subsurface condition; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Offer to Purchase the above-identified vacant lots from Habitat is accepted; and, be it
Further Resolved, That the Commissioner of DCD or designee is authorized to perform such acts as necessary to carry out the intent of this resolution including accepting the Offer, executing the deed and releasing any deed restrictions that prevent construction; and, be it
Further Resolved, That the Commissioner of DCD may amend the Offer after notice to the local alderman pursuant to Section 304-49-2, Milwaukee Code of Ordinances, to substitute different City-owned lots in the target area in the event physical or title problems prevent conveyance of a lot or if additional lots become available due to tax foreclosure or termination of outstanding offers if the new lots are more suitable for Habitat’s program; and, be it
Further Resolved, That the proceeds from said sale be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106, less a 30 percent disposition cost reimbursement to the Redevelopment Authority of the City of Milwaukee.
Drafter
DCD:YSL:ysl
12/16/08/A