Number
231322
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing settlement of claims in the lawsuit entitled Middleton Milwaukee Investors, LLC v. City of Milwaukee
Analysis
This resolution authorizes settlement of claims raised by Plaintiff, Middleton Milwaukee Investors, LLC, in the lawsuit entitled Middleton Milwaukee Investors, LLC v. City of Milwaukee, Milwaukee County Case No. 2023CV003771, for the total amount of $60,539.68.
Body
Whereas, Plaintiff filed a lawsuit against the City entitled Middleton Milwaukee Investors, LLC v. City of Milwaukee, Milwaukee County Case No. 2023CV003771, for the partial refund of property tax assessments previously paid for the property at 411 East Wisconsin Avenue, on the basis that its 2020-2022 property tax assessments were excessive and violated Article VIII, section I of the Wisconsin Constitution (“Uniformity Clause”); and
Whereas, Plaintiff has agreed to settle the claims raised in the above-referenced lawsuits and regarding its assessments for the total amount of $60,539.68; and
Whereas, Plaintiff has also agreed it will withdraw its objection for tax year 2023 in exchange for the City setting the 2023 assessment at $114,700,000; and
Whereas, the City Attorney recommends that the City of Milwaukee settle these lawsuits and resolve these claims now; now, therefore, be it
Resolved, by the Common Council of the City of Milwaukee, the City Attorney is authorized to enter into a settlement agreement between the City of Milwaukee and the Plaintiff referred to herein and to execute and approve all documents and take all action necessary to carry out the terms and conditions of said agreement; and be it
Further Resolved, that in compliance with the City Attorney’s direction, the proper City officers be and hereby are authorized and directed to issue a City check, as soon as practicable in full and final settlement of the claims referenced above, to be charged to the 2023 Remission of...
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