Number
191617
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 2859 N. 8th Street, in the 15th Aldermanic District, to its former owner Nine Two Five Investments LLC (application made by Randy Walker).
Analysis
This resolution authorizes the return of real estate located at 2859 N. 8th Street, in the 15th Aldermanic District, to its former owner, Nine Two Five Investments LLC (application made by Randy Walker), under conditions imposed by s. 304-50 of the Code of Ordinances.
Body
Whereas, The property located at 2859 N. 8th Street, previously owned by Nine Two Five Investments LLC (application made by Randy Walker), has delinquent taxes for 2016-2019 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 November 26, 2019 191617; and
Whereas, Nine Two Five Investments LLC (application made by Randy Walker) would like to reclaim this 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 November 26, 2019; and
Whereas, Nine Two Five Investments LLC (application made by Randy Walker) has agreed to pay all related city charges up until the point that the property is returned, as well as all other charges, and meet all conditions which are detailed in the letters submitted by the Department of Neighborhood Services, the 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 2859 N. 8th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty 30 days of the adoption of this resolution; and, be it
Further Resolved, That th...
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