City of Milwaukee - File #: 151008

• File #: 151008
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/2/2015
• In control: COMMON COUNCIL
• Final action: 11/24/2015
• Title: Substitute resolution authorizing the return of real estate located at 2539 N. 37th Street in the 15th Aldermanic District to its former owner Area Appraisal & Consulting LLC.
• Sponsors: THE CHAIR
• Indexes: FORECLOSURES, PROPERTY TAXES

Date	Ver.	Action By	Action	Result	Tally
12/2/2015	1	MAYOR	SIGNED
11/24/2015	1	COMMON COUNCIL	ADOPTED	Pass	13:0
11/16/2015	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen taylor - DCD Emily McKeown - DNS Kerry Urban - Treasurer Gerard Taylor Ald. Stamper, II 2012-2014 taxes if paid by November $11,458.25 if paid by December 28, 2015 $11,583.65	Pass	4:0
11/6/2015	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/6/2015	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/6/2015	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/6/2015	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
11/2/2015	0	COMMON COUNCIL	ASSIGNED TO

Number
151008
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 2539 N. 37th Street in the 15th Aldermanic District to its former owner Area Appraisal & Consulting LLC.
Analysis
Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances
Body
Whereas, The property located at 2539 N. 37th Street in the 15th Aldermanic, previously owned by Area Appraisal & Consulting LLC , has delinquent taxes for 2012-2014 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 September 14, 2015 151008; and

Whereas, Area Appraisal & Consulting LLC would like to reclaim said 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 September 14, 2015; and

Whereas, Syed Ihtheshamuddin has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, 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 2539 N. 37th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 15CV-4524. Known as the 2015-3 In Rem Parcel 200, securing the court's order and recording said order with the Milwauk...