Number
070803
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution removing a deed restriction from a former tax-deed, vacant lot formerly known as 2030 North 1st Street, in the 6th Aldermanic District.
Analysis
This resolution removes a deed restriction imposed by the City of Milwaukee that requires the property to be held for open space.
Body
Whereas, The City of Milwaukee conveyed to Bobbie Fields, by Quit Claim Deed dated June 12, 1998, a vacant lot at 2030 North 1st Street to be combined with the grantee’s adjoining property at 2034 North 1st Street; and
Whereas, The deed of conveyance contained restrictions that “the property herein conveyed shall be joined with the grantee’s adjoining property so as to create a single parcel to be used as a unit; that said combined parcel shall not be divided without the approval of the Common Council of the City of Milwaukee; and, that the land herein conveyed shall be used as open space and no principal building may be erected thereon;” and
Whereas, The combined property was acquired in 2007 by Erik S. Ramirez, Eston R. Ramirez, Emilio Ramirez III and Margot Ramirez, who now desire to divide the property for the sale of a portion of the property for construction or relocation of a single-family home, but need the deed restriction released before selling the property; and
Whereas, The Department of City Development (“DCD”) recommends release of the deed restriction to facilitate this development subject to approval of final site and building plans by DCD; and
Whereas, The cost for this process is $5,000; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Commissioner of DCD, or designee, is directed to execute a release of deed restriction for the property at 2030 North 1st Street to allow for construction or relocation of an owner-occupied, single-family home upon DCD approval of final site and building plans, firm financing commitment and issuance of building permits; and, be it
Further Resolved, That the proceeds, less a 30 percent administrative fee paid to the Redevelopment Authority of the City of Milwaukee, be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD:DAC:dac
09/25/07/A