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File #: 991173    Version: 0
Type: Resolution Status: Passed
File created: 11/9/1999 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 12/17/1999
Effective date:    
Title: Resolution amending the method of disposition for the surplus, improved, tax deed properties located at 2337-37A North 12th Street and 2418 North 28th Street and the vacant lot at 2341 North 12th Street, in the 7th and 17th Aldermanic Districts. (DCD-Real Estate)
Sponsors: THE CHAIR
Indexes: HOUSING, PROPERTY SALES, SURPLUS PROPERTY, VACANT LOTS
NUMB:
991173
VERS:
ORIGINAL
REF:
 
XXBY:
THE CHAIR
TITL:
Resolution amending the method of disposition for the surplus, improved, tax deed properties located at 2337-37A North 12th Street and 2418 North 28th Street and the vacant lot at 2341 North 12th Street, in the 7th and 17th Aldermanic Districts. (DCD-Real Estate)
ANLS:
- Analysis -
 
This resolution amends the disposition of said properties by directing that they be sold to a nonprofit organization for affordable housing purposes.
BODY:
Whereas, Common Council File Nos. 981152 and 990205, adopted on December 18, 1998 and June 2, 1999, respectively, declared surplus and directed that the Department of City Development sell 2337-37A North 12th Street, 2341 North 12th Street (vacant lot) and 2418 North 28th Street via the open listing method; and
 
Whereas, The Neighborhood Housing Rehab Group, Inc., a nonprofit organization, has offered to purchase said surplus, improved properties for $500 each for affordable housing purposes and eventual resale to owner-occupants; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that the Department of City Development is authorized and directed to sell the surplus, improved, tax deed properties located at 2337-37A North 12th Street and 2418 North 28th Street and the vacant lot at 2341 North 12th Street, Tax Roll Key Nos. 323-1358-100-3, 326-1191-1 and 323-1357-1, to the Neighborhood Housing Rehab Group, Inc., at a fixed price of $500 for each improved property; and, be it
 
Further Resolved, That the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said properties and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106; and, be it
 
Further Resolved, That as a condition of the sale of surplus property, purchaser is required to bring property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or said property may revert back to the ownership of the City of Milwaukee upon action by the Common Council.
ZDPT:
 
DFTR:
DCD-Real Estate
MR:jvg
11/09/99/B