NUMB:
000158
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring the vacant, tax-deed lot at 2629 West Wells Street surplus and accepting an unsolicited Offer to Purchase from the adjoining owner, Charles Rubnitz Company, Inc., for use as green space in the 4th Aldermanic District. (DCD- Real Estate)
ANLS:
- Analysis -
This resolution authorizes the sale of a vacant, tax-deed lot.
BODY:
Whereas, Charles Rubnitz Company, Inc., owner of the property located at 2627 West Wells Street, Tax Key No. 389-0106-X, has offered to purchase the vacant, tax- deed lot located at 2629 West Wells Street, Tax Key No. 389-0107-5, for the amount of $200; and
Whereas, Charles Rubnitz Company, Inc., has signed a Vacant Lots Sales Agreement containing the condition that said property is sold for residential re-use only and the Wells Street frontage must be landscaped; and
Whereas, This vacant lot is being sold in an "as is" condition and the City of Milwaukee makes no representations or warranties concerning the condition of the property, including but not limited to soil or subsoil condition; and
Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said lot to be consummated in the manner provided for in the sale of other tax-deed lots pursuant to Section 304-49 of the Milwaukee Code of Ordinances; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that said lot is declared surplus, that said Offer is accepted, and that the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said lot in the manner described above, with the proceeds credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
ZDPT:
DFTR:
DCD-Real Estate
SS:lh
05/19/00/E