NUMB:
991914
VERS:
ORIGINAL
REF:
991411
XXBY:
ALD. HENNINGSEN
TITL:
Resolution amending the disposition of the surplus, improved, tax deed property located at 826 North 29th Street, in the 4th Aldermanic District.
ANLS:
- Analysis -
This resolution amends the disposition of said property by accepting an unsolicited Offer to Purchase.
BODY:
Whereas, Common Council File No. 991411, adopted on January 18, 2000, declared surplus and directed that the Department of City Development sell 826 North 29th Street via the open listing method; and Whereas, Corey A. Shebesta and Carolyn C. Shebesta have submitted an unsolicited Offer to Purchase said property for $3,500 as investment property for the purpose of having it occupied by the mother of Carolyn C. Shebesta; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Department of City Development is authorized and directed to sell 826 North 29th Street, Tax Roll Key No. 388-0126-1, to Corey A. Shebesta and Carolyn C. Shebesta at a fixed price of $3,500; and, be it
Further Resolved, That the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said property and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106; and, be it
Further Resolved, That as a condition of the sale of plus property, purchaser is required to bring property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or property may revert back to the ownership of the City of Milwaukee upon action by the Common Council.
ZDPT:
DFTR:
DCD-Real Estate
CC-CC
MR:jvg
04/11/00/C
dcd-res