City of Milwaukee - File #: 010478

• File #: 010478
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 7/17/2001
• In control: PUBLIC WORKS COMMITTEE
• Final action: 8/2/2001
• Title: Resolution amending the method of disposition of the surplus, improved, tax-deed property at 1706-08 North 32nd Street, in the 17th Aldermanic District. (DCD-Real Estate)
• Sponsors: THE CHAIR
• Indexes: HOUSING, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
8/10/2001	0	MAYOR	SIGNED
8/2/2001	0	COMMON COUNCIL	ADOPTED	Pass	15:0
7/25/2001	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/19/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
7/18/2001		PUBLIC WORKS COMMITTEE	REFERRED TO
7/17/2001	0	COMMON COUNCIL	ASSIGNED TO

Number

010478

Version

ORIGINAL

Reference

010044

Sponsor

THE CHAIR

Title

Resolution amending the method of disposition of the surplus, improved, tax-deed property at 1706-08 North 32^nd Street, in the 17^th Aldermanic District. (DCD-Real Estate)

Analysis

This resolution amends the disposition of said property by directing that it be sold to a nonprofit organization for affordable housing purposes.

Body

Whereas, Common Council File No. 010044 adopted on June 8, 2000, declared surplus and directed that the Department of City Development sell 1706-08 North 32^nd Street via the open listing method; and

Whereas, Acts Community Development Corporation, a nonprofit organization, has offered to purchase said property for $500 for affordable housing and eventual resale to an owner-occupant; 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 1706-08 North 32^nd Street, Tax Roll Key No. 365-0929-000, to Acts Community Development Corporation for a fixed price of $500; 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 property and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106; and, be it

Further Resolved, That in the event the purchaser is unable to consummate the sale of said property, disposition will automatically revert back to its method of disposition under File No. 010044 without further action by the Common Council; and, be it

Further Resolved, That as a condition of the sale of the surplus property, purchaser is required to bring said property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or ownership of said property may revert back to the City of Milwaukee upon action by the Common Council.

Drafter

DCD-Real Estate

KT:kt

07/17/01/A