powered help
header-left header-center header-right
File #: 161363    Version:
Type: Ordinance Status: Placed On File
File created: 1/18/2017 In control: COMMON COUNCIL
On agenda: Final action: 7/11/2017
Effective date:    
Title: A substitute ordinance relating to deferred foreclosure on tax liens.
Sponsors: ALD. HAMILTON
Indexes: FORECLOSURES, PROPERTY TAXES
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
7/11/20171 COMMON COUNCIL PLACED ON FILEPass15:0 Action details Meeting details Video Video
7/6/20171 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Appearing Sam Coleman - Representing Sponsor, President Hamilton Jim Klajbor - Deputy City Treasurer Spencer Coggs - City Treasurer President Ashanti Hamilton - sponsor of this resolution
Pass5:0 Action details Meeting details Video Video
6/23/20171 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
6/12/20171 JUDICIARY & LEGISLATION COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Appearing: Sponsor by CC President - Hamilton Gregg Hagopian - ACA Spencer Coggs - City Treasurer Jim Klajbor - Deputy City Treasurer Ald. Bauman moved to hold this item to the call of the chair; have file be heard at the Joint Committee on Redevelopment of Abandoned and Foreclosed Homes. There were no objections.
Pass4:0 Action details Meeting details Video Video
5/22/20171 JUDICIARY & LEGISLATION COMMITTEE HELD TO CALL OF THE CHAIR

Minutes note: Held to the call of the chair per the request of the sponsor.
Pass5:0 Action details Meeting details Video Video
5/1/20171 JUDICIARY & LEGISLATION COMMITTEE HELD TO CALL OF THE CHAIRPass5:0 Action details Meeting details Video Video
4/26/20171 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
4/5/20171 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
1/18/20170 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
161363
Version
Substitute 1
Reference

Sponsor
ALD. HAMILTON
Sections
304-39 rc
Title
A substitute ordinance relating to deferred foreclosure on tax liens.
Analysis
This ordinance amends the city’s policy on deferring foreclosures on tax liens by:

1. Limiting deferral to either a property owner who resides in the subject property or an absentee landlord owning not more than 4 properties in the city.
2. Requiring the property to be in compliance with all code requirements, or in the process of having code deficiencies corrected.
3. Requiring the property owner to pay all property taxes owed for the year of deferral and prior years.
4. Requiring the property owner to enter into a payment agreement, and be current with agreed upon payments for all other years.
5. Stipulating foreclosure shall commence immediately if the property owner defaults on payments under the payment agreement, or the property or owner becomes ineligible.

Body
Whereas, Current Milwaukee code s. 304-39 allows the city treasurer to defer tax foreclosure on one- and 2-family, owner-occupied residential properties; and

Whereas, The common council wishes to minimize the number of properties acquired by the city as a result of in rem tax foreclosure, in order to minimize expenses incurred to maintain, manage and sell properties acquired through tax foreclosure; and

Whereas, The common council wishes to encourage occupancy of residential properties, because occupied residential properties promote neighborhood stability; and

Whereas, The common council wishes to encourage small-scale, private ownership of residential properties where owners are diligently addressing code and tax issues, so residential properties remain code-compliant, occupied and on the tax roll; and

Whereas, The common council recognizes that a small-scale owner of occupied residential properties, who owns not more than 4 properties in the city, whose properties are code-compliant or who is workin...

Click here for full text