Number
041626
Version
ORIGINAL
Reference
Sponsor
ALD. ZIELINSKI
Title
Resolution declaring a tax-deed parking lot at 2617 South Lenox Street surplus to municipal needs and accepting an unsolicited Offer to Purchase from Ken J. Weber, Jr., dba The Brickyard Gym, for continued use as a parking lot, in the 14th Aldermanic District. (DCD)
Analysis
This resolution will declare said tax deed lot surplus to municipal needs and will permit the City to accept an unsolicited Offer pursuant to Section 304-49-17, Milwaukee Code of Ordinances.
Body
Whereas, Ken J. Weber, Jr., has submitted an unsolicited Offer to Purchase the paved, tax-deed lot at 2617 South Lenox Street in the amount of $5,000; and
Whereas, Mr. Weber's business, The Brickyard Gym, is located at 2651 South Kinnickinnic Avenue and this parking lot will be utilized as off-street parking not only by his business and clients but Mr. Weber has offered its use to neighboring businesses located on South Kinnickinnic Avenue; and
Whereas, Mr. Weber will maintain the property at his expense; and
Whereas, Section 304-49-17, Milwaukee Code of Ordinances, allows the City to accept unsolicited Offers in special circumstances where the City receives fair market consideration; and
Whereas, Mr. Weber's Offer represents fair market value and direct sale to him is appropriate since he has agreed to let neighboring businesses use the parking lot; and
Whereas, The Department of City Development (“DCD”) recommends acceptance of Mr. Weber's unsolicited Offer to Purchase in the amount of $5,000; and
Whereas, Said lot is to be sold in an “as is” condition without representations or warranties including but not limited to soil quality and subsurface condition; and
Whereas, The City Plan Commission has determined that there is no municipal need for said parking lot; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the tax-deed parking lot at 2617 South Lenox Street is declared surplus, that sale to Ken J. Weber, Jr., for $5,000 is approved and that the Commissioner of DCD, or designee, is authorized and directed to perform such acts as necessary to carry out the intent of this resolution; and, be it
Further Resolved, That the sale proceeds, less sale expenses and a 20 percent disposition cost reimbursement fee to the Redevelopment Authority of the City of Milwaukee, shall be deposited into the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD:SS:ss
03/16/05/C