Number
240251
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. DIMITRIJEVIC
Title
Substitute resolution authorizing the sale of the City-owned property at 505-507 East Howard Avenue (AKA 507 East Howard Avenue, Parcel Number 5810703000) to the estate of its former owner.
Analysis
This resolution waives the City buyer policy in 304-49-9-e that prohibits the sale of City real estate to a buyer whose property has been acquired by property tax foreclosure during the past five years, and authorizes the Department of City Development to sell the City-owned property at 505-507 East Howard Avenue(AKA 507 East Howard Avenue, Parcel Number 5810703000)in the 14th Aldermanic District to the estate of its former owner.
Body
Whereas, The neighborhood property at 505-507 East Howard Avenue (AKA 507 East Howard Avenue, Parcel Number 5810703000), herein referred to as the “Property” was acquired by the City from Jane A. Johnston (“Former Owner”) through in rem property tax foreclosure in August of 2022; and
Whereas, The Department of City Development (“DCD”) worked on behalf of the City of Milwaukee (the “City”) to work out a sale to the former owner but was unsuccessful in doing so; and
Whereas, The Former Owner unfortunately passed away shortly after the City placed the property on the market for sale; and
Whereas, The City attempted to locate legally authorized heirs of the Former Owner and was unable to do so; and
Whereas, The City was contacted by local attorney Thomas F. Raasch, who was able to secure the appointment of Ms. Mary Neubauer as the Special Administrator to the Estate of Jane A. Johnston (“The Estate”); and
Whereas, The Estate wishes to purchase the Property back from the City; and
Whereas, The General Buyer Policies in MCO Section 304-49-9 provide that, “unless otherwise authorized by a vote of the common council,” the City shall not convey a City-owned property to a “party who owned property in the City that, at any time within the past 5 yea...
Click here for full text