City of Milwaukee - File #: 161427

• File #: 161427
• Version: 1
• Type: Resolution
• Status: Placed On File
• File created: 2/7/2017
• In control: COMMON COUNCIL
• Final action: 3/1/2017
• Title: Substitute resolution authorizing the return of real estate located at 4117 N. 26th Street, in the 1st Aldermanic District to its former owner KAJA Holdings 2 LLC.
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
3/1/2017	1	COMMON COUNCIL	PLACED ON FILE	Pass	15:0
2/20/2017	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR PLACING ON FILE; Minutes note: Appearing: Amy Turim Emily Mckeown Kerry Urban Atty Tom Cassidy - KAJA HOLDINGS 2 LLC Mr. Jesse White - current tenant from KAJA Holdings 2 LLC Arlisia McHenry - CC President DCD Opposes return of this property DNS reinspection fees due prior to next council in the amount of $304.20 Total amount due to DNS for all properties owned by applicant is $4,828.00 2014-2016 Taxes if paid by March 31, 2017 $8,199.53 President Hamilton represented by Ms. McHenry asked to hold this item. Ald. Bauman moved this property be not return to KAJA Holdings so Mr. White can negotiate with DCD to either pay rent to City or purchase property from City.	Pass	4:0
2/8/2017	1	CITY CLERK	DRAFT SUBMITTED
2/8/2017	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
2/7/2017	0	COMMON COUNCIL	ASSIGNED TO

Number
161427
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 4117 N. 26th Street, in the 1st Aldermanic District to its former owner KAJA Holdings 2 LLC.
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 4117 N. 26th Street, previously owned by KAJA Holdings 2 LLC, has delinquent taxes for 2014-2016 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 October 31, 2016 161427; and

Whereas, KAJA Holdings 2 LLC 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 October 31, 2016; and

Whereas, KAJA Holdings 2 LLC 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 4117 N. 26th 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 16CV-5486. Known as the 2016-4 In Rem Parcel 71, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

Further Resolved, That i...