Number
200899
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 1633 S. 30th Street, in the 8th Aldermanic District, to its former owner Ditech Financial LLC fka Green Tree Servicing LLC.
Analysis
This resolution authorizes the return of real estate located at 1633 S. 30th Street, in the 8th Aldermanic District, to its former owner, Ditech Financial LLC fka Green Tree Servicing LLC, under conditions imposed by s. 304-50 of the Code of Ordinances.
Body
Whereas, The property located at 1633 S. 30th Street, previously owned by Ditech Financial LLC fka Green Tree Servicing LLC, has delinquent taxes for 2018-2019 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and a fee simple absolute was obtained in favor of the City of Milwaukee dated July 15, 2020 200899; and
Whereas, Ditech Financial LLC fka Green Tree Servicing LLC would like to reclaim this property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since July 15, 2020; and
Whereas, Ditech Financial LLC fka Green Tree Servicing LLC has agreed to pay all related city charges up until the point that the property is returned, as well as all other charges, and meet all conditions which are detailed in the letters submitted by the Department of Neighborhood Services, the Department of City Development, the Health Department and the Treasurer’s Office, the City Attorney’s Office, as though set forth in this resolution; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 1633 S. 30th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty 30 days of the adoption of this resolution; and, be it
Further Resolved, That the City Attorney is then authorized to enter into a st...
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