IMMEDIATE ADOPTION
Number
240543
Version
ORIGINAL
Reference
Sponsor
ALD. STAMPER
Title
Resolution for the termination and release of the joining restrictive covenant requiring the property located at 2725 North 20th Street to be joined with the property located at 2721 North 20th Street to create a single tax-key parcel of real estate, said properties being located in the 15th Aldermanic District.
Analysis
This resolution terminates and releases the joining restrictive covenant requiring that the former City-owned property, a vacant side lot having an address at 2725 North 20th Street, be joined to that certain privately-owned adjoining property, a duplex having an address at 2721 North 20th Street to create a single tax-key parcel, pursuant to the certain City-issued Deed dated January 26, 2024 recorded with the Milwaukee County Register of Deeds as Document Number 11400316 on February 16, 2024.
Body
Whereas, The City conveyed the former City-Owned Property at 2725 North 20th Street (“Former City-Owned Property”) to Marc Dykes, subject to the joining restrictive covenant, which required the City-Owned Property to be joined to the duplex having an address at 2721 North 20th Street (the “Adjoining Property”; also sometimes identified as having an address at 2721-23 North 20th Street) to create a single tax-key parcel (the “Combined Property”) pursuant to the certain City-issued Deed dated January 26, 2024 recorded with the Milwaukee County Register of Deeds (“ROD”) as Document Number 11400316 on February 16, 2024 (the “City Deed”); and
Whereas, The City Deed further stated that the Combined Property shall not be divided or separated without the approval of the Common Council of the City of Milwaukee either by resolution or by adoption of a Certified Survey Map and evidenced by the recording with the Milwaukee County Register of Deedsof the Certified Survey Map or by a Release of Restriction by the City of Milwaukee, as grantor, authorizing division or...
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