City of Milwaukee - File #: 170431

• File #: 170431
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 6/20/2017
• In control: COMMON COUNCIL
• Final action: 7/11/2017
• Title: Substitute resolution authorizing the return of real estate located at 5277-5277 A N 34th Street, in the 1st Aldermanic District to its former owner Milwaukee Income Property LLC.
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
7/20/2017	1	MAYOR	SIGNED
7/11/2017	1	COMMON COUNCIL	ADOPTED	Pass	15:0
7/6/2017	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen Taylor Emily Mckeown Jim Klajbor 2014-2016 taxes if paid in july $8,476.41 if paid by August 10, 2017 $8,580.13 Other properties owened by applicant 1853-1855 N 39th Street 2017-4 INREM 201-2016 $7,008.02	Pass	4:0
6/23/2017	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
6/21/2017	1	CITY CLERK	DRAFT SUBMITTED
6/20/2017	0	COMMON COUNCIL	ASSIGNED TO

Number
170431
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 5277-5277 A N 34th Street, in the 1st Aldermanic District to its former owner Milwaukee Income Property 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 5277-5277 A N 34th Street, previously owned by Milwaukee Income Property 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 June 7, 2017 170431; and

Whereas, Milwaukee Income Property 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 June 7, 2017; and

Whereas, Milwaukee Income Property 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 5277-5277 A N 34th 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 17CV-001334. Known as the 2017-1 In Rem Parcel 20, securing the court's order and recording said order with the Milwaukee County Reg...