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File #: 000832    Version: 0
Type: Resolution Status: Passed
File created: 10/10/2000 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 11/8/2000
Effective date:    
Title: Resolution declaring the vacant, tax-deed lot located at 2524-26 West Lisbon Avenue surplus and accepting an Offer to Purchase from Midtown Neighborhood Association, in the 17th Aldermanic District. (DCD)
Sponsors: THE CHAIR
Indexes: PROPERTY SALES, SURPLUS PROPERTY
Attachments: 1. 000832-fiscal.doc

Number

000832

Version

ORIGINAL

Reference

 

Sponsor

ALD. HINES

Title

Resolution declaring the vacant, tax-deed lot located at 2524-26 West Lisbon Avenue surplus and accepting an Offer to Purchase from Midtown Neighborhood Association, in the 17th Aldermanic District. (DCD)

Analysis

This resolution will result in the sale of a vacant, tax-deed lot.

Body

Whereas, The Midtown Neighborhood Association ("MTNA") has offered to purchase the vacant, tax-deed lot located at 2524-26 West Lisbon Avenue, Tax Key No. 350-1358-4, for $1.00; and

 

Whereas, MTNA will assemble all land and buildings on the north side of West Lisbon Avenue from 25th to 26th Streets for the City Depot expansion project; and

 

Whereas, City Depot, Inc., supplies grocery items to small stores throughout the City of Milwaukee and is in a growth mode to expand its grocery supply territory to cover all of Southeastern Wisconsin and also expand its carryout business; and

 

Whereas, City Depot, Inc., has teamed with MTNA to form an association named The Midtown Depot, LLC, with MTNA as the managing member and City Depot, Inc., as the tenant; and

 

Whereas, The Department of City Development recommends acceptance of this offer contingent upon site and building plan approval by the Department of City Development's Planning Division; and

 

Whereas, This vacant lot is being sold "as is" and the City makes no representations or warranties regarding the premises including but not limited to soil and subsoil condition; and

 

Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said lot to be consummated in the manner provided for in the sale of other vacant, tax-deed lots pursuant to Section 304-49 of the Milwaukee Code of Ordinances; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee that the vacant, tax-deed lot at 2524-26 West Lisbon Avenue is declared surplus, that said Offer to Purchase is accepted, that the proper City officials are authorized and directed to perform such acts as necessary to consummate the sale of said lot, and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.

Drafter

DCD:MSS:rmf

10/10/00/A