NUMB:
980068
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring as surplus and authorizing the sale of improved, City-owned/tax deed properties located in various aldermanic districts. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution directs the Commissioner of the Department of City Development to dispose of property in accordance with the ordinance governing the sale of surplus property.
BODY:
Whereas, The Commissioner of the Department of City Development recommends the sale of the following City-owned/tax deed properties in "as is" condition via the open listing method:
PROPERTY ADDRESS, LISTING PRICE, ALDERMANIC DISTRICT
3348 North 5th Street, TK #282-0473-X $10,000 6th
2918 North 7th Street, TK #312-1685-1 $8,000 6th
3068-70 North 20th Street, TK #311-1249-3 $8,000 7th
2106-08 North 28th Street, TK #349-1146-0 $16,000 7th
2175-77 North 36th Street, TK #348-1063-2 $20,000 17th
3022-22A West Cherry Street, TK #365-0310-7 $8,000 4th
2331-33 West Garfield Avenue, TK #350-2139-1 $8,000 7th
; and
Whereas, Any adjoining City-owned/tax deed vacant lot may be sold with an improved property to enhance its disposition and by this resolution is declared surplus; and
Whereas, The City Plan Commission and the Public Improvements Committee have determined that said properties have no possible municipal use and are surplus to the City's needs and recommends sale of them to the highest acceptable offer; and
Whereas, The Zoning, Neighborhoods and Development Committee has determined that said properties should be sold via the open listing method pursuant to Section 304-49 of the Milwaukee Code of Ordinances under the following terms and conditions:
A. The Offer conforms in all respects with the sales procedure.
B. The net offer (offer less sale's commission) is greater than 75 percent of the listing price.
C. The buyer is not delinquent in the payment of real estate taxes on any properti...
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