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File #: 140999    Version: 0
Type: Resolution Status: Passed
File created: 10/14/2014 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 11/5/2014
Effective date:    
Title: Resolution authorizing the sale of the City-owned tax deed properties at 3020 West Fond du Lac Avenue and 3026 West Fond du Lac Avenue to Nunez Enterprises, LLC, or assignee, in the 15th Aldermanic District.
Sponsors: Russell Stamper
Indexes: CITY PROPERTY, PROPERTY SALES
Attachments: 1. Fiscal Impact Statement, 2. Land Disposition Report, 3. Due Diligence Checklist, 4. Mr. Nunez Information, 5. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
11/14/20140 MAYOR SIGNED   Action details Meeting details Not available
11/5/20140 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Not available
10/28/20140 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Dwayne Edwards, Department of City Development David Nunez, Nunez Enterprises LLC Ald. Kovac moved to enter into the record information regarding Mr. Nunez, submitted by Mr. Edwards, into the record. There was no objection.		Pass5:0 Action details Meeting details Video Video
10/22/20140 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/22/20140 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
10/14/20140 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
140999
Version
ORIGINAL
Reference
 
Sponsor
ALD. STAMPER
Title
Resolution authorizing the sale of the City-owned tax deed properties at 3020 West Fond du Lac Avenue and 3026 West Fond du Lac Avenue to Nunez Enterprises, LLC, or assignee, in the 15th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Development Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-5 and 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee ("City") acquired 3020 West Fond du Lac Avenue through property tax foreclosure in 2011 and 3026 West Fond du Lac Avenue through property tax foreclosure in 1987; and
 
Whereas, The Department of City Development ("DCD") advertised the former auto repair shop for sale; and
 
Whereas, DCD received and reviewed one proposal by the established deadline and recommends acceptance of the proposal from Nunez Enterprises, LLC, or assignee, to acquire and redevelop the properties as summarized in a Land Disposition Report and Due Diligence Checklist, copies of which are attached to this Common Council File; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee, that the Land Disposition Report is approved and that DCD is authorized to enter into a Purchase and Sale Agreement with Nunez Enterprises, LLC, or assignee, materially consistent with the Land Disposition Report and then convey the properties at 3020 West Fond du Lac Avenue and 3026 West Fond du Lac Avenue to Nunez Enterprises, LLC, or assignee, in accordance therewith; and, be it
 
Further Resolved, That the Commissioner of DCD, or designee, is authorized to sign the Purchase and Sale Agreement, deed and requisite closing documents and to close the transaction and to take such actions as may be needed to effectuate the terms of the Land Disposition Report and this resolution; and, be it
 
Further Resolved, That the sale proceeds, less sale expenses and a 30 percent disposition cost reimbursement to the Redevelopment Authority of the City of Milwaukee, shall be credited to the Delinquent Tax Fund.
Drafter
DCD:Dwayne.Edwards:dke
10/14/14/B