City of Milwaukee - File #: 050252

• File #: 050252
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 6/14/2005
• In control: JUDICIARY & LEGISLATION COMMITTEE
• Final action: 7/6/2005
• Title: Resolution authorizing an agreement between the City of Milwaukee and Kaufmann LeSage, LLC for assignment under Wisconsin Statutes Section 75.106 of the City's right to an in-rem foreclosure judgment against 538 South 2nd Street, in the 12th Aldermanic District. (DCD)
• Sponsors: James N. Witkowiak
• Indexes: AGREEMENTS, ENVIRONMENT, IN REM JUDGMENTS, TAXATION

Date	Ver.	Action By	Action	Result	Tally
7/15/2005	0	MAYOR	SIGNED
7/6/2005	0	COMMON COUNCIL	ADOPTED	Pass	15:0
6/27/2005	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Speakers: Judy Kaufmann - developer Joel LeSage - developer Matt Hoesley - Dept. of City Development Gregg Hagopian - City Attorney's Office	Pass	5:0
6/20/2005	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
6/14/2005	0	COMMON COUNCIL	ASSIGNED TO

Number
050252
Version
ORIGINAL
Reference
030680
Sponsor
ALD. WITKOWIAK
Title
Resolution authorizing an agreement between the City of Milwaukee and Kaufmann LeSage, LLC for assignment under Wisconsin Statutes Section 75.106 of the City's right to an in-rem foreclosure judgment against 538 South 2nd Street, in the 12th Aldermanic District. (DCD)
Analysis
This resolution directs property tax foreclosure against 538 South 2nd Street so assignment of the foreclosure judgment to a developer, Kaufmann LeSage, LLC, may occur so the property may be remediated, improved and placed in tax-paying ownership.
Body
Whereas, Based on City of Milwaukee (“City”) records, Jerry J. Hansher owns tax-delinquent property at 538 South 2nd Street (the “Parcel”); and

Whereas, The City and Kaufmann LeSage, LLC (“KL”) believe that the Parcel may be environmentally impacted or a “brownfield” based on historical land use and other limited investigations that have been done; and

Whereas, KL wishes to use the brownfield redevelopment tool available under Wisconsin Statute Section 75.106 to acquire the Parcel via City assignment of the City's right to a Wisconsin Statute Section 75.521 in-rem foreclosure judgment; and

Whereas, The Department of City Development's Real Estate section (“DCD”) completed an “Internal Protocol/Questionnaire for Community Improvement In-Rem Foreclosure Actions,” as required by Common Council File No. 030680, requesting that the City commence a special in-rem foreclosure action against the Parcel and indicating that the developer will cover DCD's costs under that protocol to cover the City's foreclosure expenses; and

Whereas, KL wishes to enter into a “75.106 In-Rem Assignment Contract” (“75.106 Contract”) and to accept assignment of the City's in-rem foreclosure rights in exchange for: paying for the City's foreclosure expenses (up to a maximum of $3,500); paying the City $19,400 for the assignment less DCD-approved, un-reimbursed r...