City of Milwaukee - File #: 131067

• File #: 131067
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/26/2013
• In control: COMMON COUNCIL
• Final action: 12/17/2013
• Title: Substitute resolution authorizing the return of real estate located at 4021 N 41st Street, in the 7th Aldermanic District to its former owner. (Newport Beach Holdings, LLC on behalf of Margaret Broom)
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
12/23/2013	1	MAYOR	SIGNED
12/17/2013	1	COMMON COUNCIL	ADOPTED	Pass	14:0
12/9/2013	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen Taylor - DCD Lynn Steffen - DNS Jim Klajbor - Treasurer Representative from Newport Beach Holdings, LLC 2010-2012 taxes due if paid in December $9,887.88 If paid by Janaury 16, 2014 $9,999.21	Pass	5:0
12/3/2013	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/26/2013	0	COMMON COUNCIL	ASSIGNED TO	Fail

Number
131067
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 4021 N 41st Street, in the 7th Aldermanic District to its former owner. (Newport Beach Holdings, LLC on behalf of Margaret Broom)
Analysis
Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances
Body
Whereas, The property located at 4021 N 41st Street, previously owned by Newport Beach Holdings, LLC on behalf of Margaret Broom, has delinquent taxes for 2010-2012 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 August 16, 2013 131067; and

Whereas, Newport Beach Holdings, LLC on behalf of Margaret Broom would like to reclaim said 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 August 16, 2013; and

Whereas, Newport Beach Holdings, LLC on behalf of Margaret Broom has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’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 4021 N 41st Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 13CV-3504. known as the 2013-1 In Rem P...