Number
201034
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. STAMPER
Title
Substitute resolution authorizing the sale of the City-owned property at 2415 West Fond du Lac Avenue to its former owner, The Spiritual Israel Church & It’s Army a Registered Ecclesiatical Corp., in the 15th Aldermanic District.
Analysis
This substitute resolution waives the City buyer policy which prohibits the sale of City real estate to a buyer whose property has been acquired by means of property tax foreclosure during the past five years, and authorizes the Department of City Development to sell the City-owned property at 2415 West Fond du Lac Avenue to its former owner.
Body
Whereas, The property at 2415 West Fond du Lac Avenue (“Property”), Tax Key No. 3250034000, was acquired by the City of Milwaukee (“City”) from The Spiritual Israel Church & It’s Army a Registered Ecclesiatical Corp. (“Former Owner”) through in rem property tax foreclosure in July, 2020; and
Whereas, The Former Owner desires to purchase the Property back from the City; and
Whereas, The Former Owner had petitioned the Judiciary and Legislative Committee (“Committee”) to vacate the in rem judgment and was unable to vacate the judgement at the time of approval due date; and
Whereas, The General Buyer Policies in Milwaukee Code of Ordinances (“MCO”) Section 304-49-9 provide that, “unless otherwise authorized by a vote of the common council,” the City shall not convey a City-owned property to a “party who owned property in the city that, at any time within the past 5 years the city acquired by means of property-tax foreclosure;” and
Whereas, The Common Council of the City of Milwaukee (“Common Council”) desires to authorize the sale of the Property to the Former Owner; and
Whereas, The file sponsor recommends accepting the Former Owner’s purchase price offer of $10,000; and recording of a Payment in Lieu of Taxes (“PILOT”) Agreement; now, therefore, be it
Resolved, That the Department of City Developm...
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