NUMB:
970032
VERS:
SUBSTITUTE 1
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution declaring as surplus the vacant, tax deed lot located at 4775 North 53rd Street and accepting an Offer to Purchase from the adjoining owners, Medical Management Associates, LLC, for parking for the adjoining clinic, in the 2nd Aldermanic District.
ANLS:
- Analysis -
This substitute resolution authorizes the sale of said vacant, tax deed lot by the City of Milwaukee.
BODY:
Whereas, The adjoining owners, Medical Management Associates, LLC, with their property located at 5301 West Hampton Avenue, have offered to purchase the vacant, tax deed lot located at 4775 North 53rd Street, Tax Roll Key No. 227-0105-100-2, from the City of Milwaukee, containing 8,960 square feet for the amount of $4,480 for use as a parking lot; and
Whereas, The buyers have been informed that a building permit is required for any parking use since parking must conform to all City of Milwaukee, Department of Building Inspection requirements, and have signed the Vacant Lot Sales Agreement which states this; and
Whereas, This vacant, tax deed lot is being sold in "as is" condition; and
Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said property to be consummated in the manner provided for in the sale of other tax deed property 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 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 and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 02-211- 2700.
ZDPT:
DFTR:
DCD-Real Estate
SS:jvg
05/05/97eal Estate
SS:jvg
05/05/97