Number
13578
Version
ORIGINAL
Reference
Sponsor
The Chair
Title
Resolution approving an offer to purchase the vacant lots located at 1510 West State Street and 1518 West State Street by the DNS Real Estate Investments, LLC for $51,000
Analysis
Body
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) owns and manages more than 4,000 units of low-rent public housing under the terms of an Annual Contributions Contract with the U. S. Department of Housing and Urban Development (HUD); and
WHEREAS, HUD allows Public Housing Authorities to submit Disposition applications to dispose of all or part of public housing structures and land in excess of what is needed to operate efficiently; and
WHERAS, the parcels located at 1510 W. State St. and 1518 W. State St. exceed the needs of HACM and its residents; and
WHERAS, the Acting Secretary-Executive Director recommends accepting the Offer to Purchase of the vacant lots at 1510 W. State St. and 1518 W. State St.; and, therefore, let it be
RESOLVED, that the Offer to Purchase the vacant lots at 1510 W. State St. and 1518 W. State St. be accepted; and, be it
FURTHER RESOLVED, that the Acting Secretary-Executive Director and their designees are hereby authorized to take the necessary action to complete the sale of 1510 W. State St. and 1518 W. State St
Requestor
Drafter
Housing Management, Jeanne Dawson, 4/3/2025