NUMB:
981198
VERS:
SUBSTITUTE 1
REF:
971406
XXBY:
THE CHAIR
TITL:
Substitute resolution relating to foreclosure of the tax delinquent property located at 1846 North Dr. Martin Luther King Jr. Drive and appropriation of funds from the Environmental Testing and Remediation Subfund for environmental remediation of such property. (Department of City Development)
ANLS:
- Analysis -
This substitute resolution will allow the City Treasurer's Office to proceed with foreclosure action at 1846 North Dr. Martin Luther King Jr. Drive and will also permit appropriation of funds for environmental remediation and convey ownership to the Redevelopment Authority of the City of Milwaukee.
BODY:
Whereas, It is in the best interest of the City of Milwaukee to perform environmental testing, remediation, acquisition and sale of tax delinquent properties which are known or suspected to be contaminated and which are marketable, eligible for reimbursement under the State of Wisconsin's Petroleum Environmental Cleanup Fund Act, and/or have high potential for elimination of hazards to public health or safety; and
Whereas, The property at 1846 North Dr. Martin Luther King Jr. Drive has been tax delinquent since 1990 and is known to be environmentally contaminated; and
Whereas, Common Council File No. 971406, adopted January 28, 1998, authorized the City Attorney's Office, the Department of City Development, and the Health Department to initiate actions preliminary to environmental testing of the property located at 1846 North Dr. Martin Luther King Jr. Drive and to proceed with phase II environmental assessment work; and
Whereas, Section 304-28.5 of the Milwaukee Code of Ordinances ("Code") provides for establishment of an Environmental Testing and Remediation Subfund within the Permanent Improvement Fund to be used for environmental testing and remediation of tax delinquent properties; and
Whereas, Section 304-28.5 of the Code further specifies that o...
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