Number
001037
Version
ORIGINAL
Reference
000835
Sponsor
THE CHAIR
Title
Resolution amending the disposition of the surplus, improved, tax-deed properties located at 3353 North 16th Street and 2928 North 24th Street, in the 1st and 7th Aldermanic Districts.
Analysis
This resolution amends the disposition of said properties from the open listing method by directing that they be sold to the Neighborhood Improvement Development Corporation under the Public Nuisance-Human Health Hazard Receivership Program.
Body
Whereas, The Common Council of the City of Milwaukee adopted File No. 981562, on March 23, 1999, which approved a Cooperation Agreement between the City of Milwaukee ("City") and the Neighborhood Improvement Development Corporation ("NIDC") for the purpose of the NIDC making itself available as receiver to abate public nuisances and human health hazards in the City's receivership cases; and
Whereas, It has been determined that the following improved, tax-deed properties are currently under the jurisdiction of the Public Nuisance-Human Health Hazard Receivership Program and that the sale, disposition, security and maintenance of said properties are the responsibility of the court appointed receiver, the NIDC:
3353 North 16th Street, Tax Key No. 284-2028-0, 10th Aldermanic District
2928 North 24th Street, Tax Key No. 310-1004-3, 7th Aldermanic District; and
Whereas, Common Council File Nos. 000758 and 000835, adopted on October 10, 2000, and November 8, 2000, respectively, declared surplus and directed that the Deparment of City Development sell said properties via the open listing method; and
Whereas, The NIDC, a nonprofit organization, has requested title to said properties in order to expedite their sale, disposition, security and maintenance; and
Whereas, The NIDC has requested that the proceeds from the subsequent sale of said properties remain with the NIDC to replenish its receivership fund; and
Whereas, In the event that one of said properties is released from the Public Nuisance-Human Health Hazard Receivership Program, the NIDC may convey title back to the City without further action from the Common Council; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Commissioner of the Department of City Development or designee is authorized and directed to convey said surplus, improved, tax-deed properties without monetary consideration to the Neighborhood Improvement Development Corporation; and, be it
Further Resolved, That in the event that the NIDC cannot sell one or both of said properties, the Common Council may convey title back to the City without further action; and, be it
Further Resolved, That the NIDC is not obligated to return any future revenue derived from the sale of said properties to the City.
Drafter
DCD:MR:lh
11/08/00/C