City of Milwaukee - File #: 180899

• File #: 180899
• Version: 1
• Type: Resolution
• Status: Placed On File
• File created: 9/25/2018
• In control: COMMON COUNCIL
• Final action: 7/30/2019
• Title: Substitute resolution authorizing the return of real estate located at 2123 N. 11th Street, in the 15th Aldermanic District to its former owner AMALGAMATED INVESTMENTS LLC.
• Sponsors: THE CHAIR
• Indexes: FORECLOSURES, PROPERTY TAXES

Date	Ver.	Action By	Action	Result	Tally
7/30/2019	1	COMMON COUNCIL	PLACED ON FILE	Pass	14:0
7/22/2019	1	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR PLACING ON FILE; Minutes note: Appearing: Deborah McCollum-Gathing Emily McKeown Jim Klajbor Nicole Larsen Mr. Edward on behalf of AMALGAMATED Investment Mr. Benjamin Sadik, partner and associate with Mr. Edwards Bldg was placarded in 2014. Property still not fit for human usage. There are unpaid traffic citations in the amount of $431.70 still due. Municipal unpaid balance in the amount of $259.16 Ald. Bauman will not support the return of this Real Estate. He moved denial of this property.	Pass	5:0
10/16/2018	1	COMMON COUNCIL	REFERRED TO	Pass	14:0
10/8/2018	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: McCollum-Gathing, Deborah - DCD Emily McKeown - DNS Jim Klajbor - Treasurer Office Rep from Amalgamated Investments LLC - Mr. Ron Edward Reinspection fees of $2,438.40 Vacant Building fees of $1,016.00 Garbage fees of $970.68 total due prior to October 16, 2018 $4,425.08 Building Not be ocupied until all restrictions.	Pass	5:0
10/1/2018	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
10/1/2018	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
9/27/2018	1	CITY CLERK	DRAFT SUBMITTED
9/25/2018	0	COMMON COUNCIL	ASSIGNED TO

Number

180899

Version

SUBSTITUTE 1

Sponsor

THE CHAIR

Title

Substitute resolution authorizing the return of real estate located at 2123 N. 11th Street, in the 15th Aldermanic District to its former owner AMALGAMATED INVESTMENTS LLC.

Analysis

Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances

Body

Whereas, The property located at 2123 N. 11th Street, previously owned by AMALGAMATED INVESTMENTS LLC, has delinquent taxes for 2016-2017 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and  a fee simple absolute was obtained in favor of the City of Milwaukee dated August 31, 2018 180899; and

Whereas, AMALGAMATED INVESTMENTS LLC would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since August 31, 2018; and

Whereas, AMALGAMATED INVESTMENTS LLC has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’s Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 2123 N. 11th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution;  and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 18-CV-003951. Known as the 2018-1 In Rem Parcel 201, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

Further Resolved, That if the above delinquent taxes, interest, and penalties are not paid within thirty (30) calendar days of the adoption of this resolution, this process becomes null and void.

Drafter

CC CC

Joanna Polanco

9/27/2018