City of Milwaukee - File #: 000835

• File #: 000835
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 10/10/2000
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 11/8/2000
• Title: Resolution declaring as surplus and authorizing the sale of improved, City-owned/tax-deed properties located in various aldermanic districts. (DCD)
• Sponsors: THE CHAIR
• Indexes: PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
11/17/2000	0	MAYOR	SIGNED
11/8/2000	0	COMMON COUNCIL	ADOPTED	Pass	17:0
10/31/2000	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	3:0
10/18/2000	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION AND ASSIGNED	Pass	5:0
10/12/2000	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
10/10/2000		PUBLIC WORKS COMMITTEE	REFERRED TO
10/10/2000	0	COMMON COUNCIL	ASSIGNED TO

Number

000835

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution declaring as surplus and authorizing the sale of improved, City-owned/tax-deed properties located in various aldermanic districts. (DCD)

Analysis

This resolution directs the Commissioner of the Department of City Development or designee to dispose of property in accordance with the ordinance governing the sale of surplus property.

Body

Whereas, The Commissioner of the Department of City Development recommends the sale of the following City-owned/tax-deed properties in "as is" condition via the open listing method:

PROPERTY ADDRESS, LISTING PRICE, ALDERMANIC DISTRICT

3634-36 North 4^th Street, TK #273-1930-2, $22,000, 6th

3364 North 5^th Street, TK #282-1339-9, $10,000, 6th

1418-20 South 8^th Street, TK #461-0903-7, $28,000, 12th

2736 North 9^th Street, TK #312-0518-4, $12,000, 17th

3031-33 North 9^th Street, TK #312-1410-5, $14,000, 6th

2840 North 11^th Street, TK #312-3122-100-2, $8,000, 17th

1530 South 15^th Place, TK #460-1155-2, $20,000, 12th

2061A South 15^th Place, TK #469-0856-0, $10,000, 12th

3353-55 North 16^th Street, TK #284-2028-0, $20,000, 10th

2778 North 18^th Street, TK #311-1870-111-1, $12,000, 7th

3414 North 18^th Street, TK #284-1717-8, $30,000, 10th

3445 North 20^th Street, TK #285-0502-100-4, $16,000, 10th

5070 North 24^th Street, TK #206-0402-0, $38,000, 1st

3269 North 25^th Street, TK #285-0606-3, $12,000, 10th

1523 North 37^th Street, TK #366-1822-6, $18,000, 17th

1510 South Comstock Avenue, TK #460-1637-2, $14,000, 12th

1534 West Hopkins Street, TK #311-2607-7, $12,000, 10th

4420-22 West North Avenue, TK #328-0634-5, $30,000, 17th

3101 West Walnut Street, TK #365-0941-110-1, $8,000, 17th

; and

Whereas, Any adjoining City-owned/tax-deed vacant lot may be sold with an improved property to enhance its disposition and by this resolution is declared surplus; and

Whereas, The City Plan Commission and the Public Improvements Committee have determined that said properties have no possible municipal use and are surplus to the City's needs and recommends sale of them to the highest acceptable offer; and

Whereas, The Zoning, Neighborhoods and Development Committee has determined that said properties should be sold via the open listing method pursuant to Section 304-49 of the Milwaukee Code of Ordinances under the following terms and conditions:

A. The Offer conforms in all respects with the sales procedure.

B. The net offer (offer less sale's commission) is greater than 75 percent of the listing price.

C. The buyer is not delinquent in the payment of real estate taxes on any properties that he/she may own in the City of Milwaukee.

D. The buyer has not been convicted, within twelve months preceding the date of the Offer, of failure to comply with an order from the Commissioner of the Department of Neighborhood Services of the City of Milwaukee to correct code violations; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that said properties are declared surplus and that the Commissioner of the Department of City Development or designee is authorized and directed to advertise and list said properties for sale to the highest acceptable offer; and, be it

Further Resolved, That the Commissioner of the Department of City Development or designee is authorized and directed to accept Offers to Purchase on behalf of the City of Milwaukee and to perform such acts as are necessary to close the transactions under the terms and conditions as set forth above; and, be it

Further Resolved, That if no offer is received for any property after advertising it on two occasions, the asking price will be reduced by up to 25 percent; and, be it

Further Resolved, That as a condition of the sale of surplus property, purchasers are 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; and, be it

Further Resolved, That the proceeds remaining from the sale of surplus property after payment of commissions and other closing related expenses be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.

Drafter

DCD:DR:lh

10/10/00/A