Number
070743
Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution authorizing an agreement between the City of Milwaukee and West End Development Corporation for assignment of the City’s right to an in-rem foreclosure judgment under s. 75.106, Wis. Stats., against the property at 751 N. 25th St. in the 4th Aldermanic District.
Analysis
This resolution directs that a property tax foreclosure action be commenced against the property at 751 N. 25th St. The resolution further provides that a foreclosure judgment be assigned to the West End Development Corporation so that the property may be remediated, improved and placed in taxpaying ownership.
Body
Whereas, According to City of Milwaukee (“City”) records, the property formerly owned by Angel R. Cabrices and Phoebe Cabrices, and foreclosed upon by Igors Properties LLC, located at 751 N. 25th St., Tax Key 389-1204-000, is tax delinquent for the years 2005 and 2006; and
Whereas, The 3-family residence located at 751 N. 25th St. is currently boarded up and vacant and subject to condemnation and a razing order; and
Whereas, The order to raze the residential property at 751 N. 25th St. has been placed on hold due to the possibility of remediation, improvement and return of the property to taxpaying ownership; and
Whereas, The property at 751 N. 25th St. has been inspected for asbestos by a Wisconsin-licensed inspector who has determined that areas of the property are contaminated with asbestos; and
Whereas, The property at 751 N. 25th St. is an abandoned, idle or underused residential facility or site, the redevelopment of which is adversely affected by actual or perceived environmental contamination within the meaning of
s. 75.106(1)(a), Wis. Stats.; and
Whereas, Notwithstanding the fact that an “Internal Protocol/Questionnaire for Community Improvement In-Rem Foreclosure Actions” has not been completed in accord with the resolution at Common Council File No. 030680, the health safety and ...
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