City of Milwaukee - File #: 170846

• File #: 170846
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 9/26/2017
• In control: COMMON COUNCIL
• Final action: 10/17/2017
• Title: Substitute resolution authorizing the return of real estate located at 3167-3169 N. Richards Street, in the 6th Aldermanic District to its former owner Extra Sharp Investments LLC.
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
10/25/2017	1	MAYOR	SIGNED
10/17/2017	1	COMMON COUNCIL	ADOPTED	Pass	14:0
10/9/2017	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen Taylor Emily McKoewn Kerry Urban Extra Sharp Investments LLC - Mike dormant DNS Litter and cleanup fees $193.24 Due by noon on Monday, October 16, 2017 2800 N 16th $627.65 2801 N 18th $3,652.31 3467 N 2nd St $3,015.28 2809 N 33rd St $2,640.00 TOTAL $10,128.48 Due by Noon before next CC on 10/17, 2017 2014-2016 delinquent taxes if paid by October $11,429.10 if paid by November 16, 2017 $11,554.55 Other properties owned by applicant: 3467-3469 N 2ND ST 282-2303-0 2016 OUTSTANDING - $8,278.33 2809-2811 N 33RD ST 309-1018-100-5 2016 OUTSTANDING - $7,026.20 2800 N 16TH ST 311-2020-6 2016 OUTSTANDING - $8,391.88 2951 N BUFFUM ST 314-1049-8 2017-05 IN REM FILE 2014 bill $4,072.43, 2015 bill $3,042.87, 2016 bill $5,381.38; Grand Total $12,496.68 JFK/em	Pass	3:0
10/2/2017	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
10/2/2017	1	CITY CLERK	DRAFT SUBMITTED
9/26/2017	0	COMMON COUNCIL	ASSIGNED TO

Number

170846

Version

SUBSTITUTE 1

Sponsor

THE CHAIR

Title

Substitute resolution authorizing the return of real estate located at 3167-3169 N. Richards Street, in the 6th Aldermanic District to its former owner Extra Sharp 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 3167-3169 N. Richards Street, previously owned by Extra Sharp Investments LLC, has delinquent taxes for 2014-2016 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 June 7, 2017 170846; and

Whereas, Extra Sharp 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 June 7, 2017; and

Whereas, Extra Sharp 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 3167-3169 N. Richards 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 17CV-001334. Known as the 2017-1 In Rem Parcel 84, 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

10/2/2017