City of Milwaukee - File #: 191210

• File #: 191210
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/5/2019
• In control: COMMON COUNCIL
• Final action: 11/26/2019
• Title: Substitute resolution authorizing the return of real estate located at 5448 N. 20th Street, in the 1st Aldermanic District to its former owner Lainee Investments LLC c/o Rickey R. Nelson.
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
12/4/2019	1	MAYOR	SIGNED
11/26/2019	1	COMMON COUNCIL	ADOPTED	Pass	15:0
11/18/2019	1	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing ACA Nichole Larsen Amy Turim and Deborah McCollum Gathing Steph O'Connor Erika Martinez	Pass	3:0
11/8/2019	1	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/5/2019	0	COMMON COUNCIL	ASSIGNED TO

Number
191210
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 5448 N. 20th Street, in the 1st Aldermanic District to its former owner Lainee Investments LLC c/o Rickey R. Nelson.
Analysis
Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances
Body
Whereas, The property located at 5448 N. 20th Street, previously owned by Lainee Investments LLC c/o Rickey R. Nelson, has delinquent taxes for 2016-2018 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and a fee simple absolute was obtained in favor of the City of Milwaukee dated September 23, 2019 191210; and

Whereas, Lainee Investments LLC c/o Rickey R. Nelson would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since September 23, 2019; and

Whereas, Lainee Investments LLC c/o Rickey R. Nelson has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’s Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 5448 N. 20th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 19-CV-003624. Known as the 2019-2 In Rem Parcel 44, securing the court's order and...