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File #: 230197    Version: 0
Type: Resolution Status: Passed
File created: 5/24/2023 In control: REDEVELOPMENT AUTHORITY
On agenda: 5/18/2023 Final action:
Effective date:    
Title: Resolution authorizing execution and recording of satisfaction to terminate of record a completed, expired, and obsolete Redevelopment Plan.
Sponsors: THE CHAIR
Attachments: 1. 051823-Signed Resolution Expired Redevelopment Plan, 2. 051823-Expired Redevelopment Plan
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
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Number

230197

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing execution and recording of satisfaction to terminate of record a completed, expired, and obsolete Redevelopment Plan.

 

Analysis

 

Body

Whereas, as part of the Redevelopment Authority’s function, the Redevelopment Authority, under Wis. Stat. 66.1333 (6)(a), prepares comprehensive plans of redevelopment and urban renewal , which plans and amendments thereto, after due approval, are recorded in the Milwaukee County Register of Deeds Office per Wis. Stat. 66.1333 (9)(a)l.c.; and


Whereas, periodically, the Redevelopment Authority reviews recorded plans and amendments to identify which plans and amendments are completed, expired, or are obsolete; and


Whereas, some of the plans and their amendments are completed, expired, or are obsolete, but, having been recorded, the plans nonetheless show up on title searches as encumbrances against title and title companies list them as exceptions to title-insurance coverage; and


Whereas, the Redevelopment Authority having reviewed and considered this, wishes a
satisfaction to be recorded with the Milwaukee County Register of Deeds Office to terminate, of record, the completed, expired, or obsolete plan indicated below:

 

Expired Plan:

1)                     Solvay Coke Redevelopment Project Area

 

; now, therefore, be it


Resolved, By the Redevelopment Authority that the above indicated redevelopment plan thereto is completed, expired, or obsolete, and no longer in force, and, Redevelopment Authority staff is authorized to execute and record with the Register of Deeds a satisfaction to terminate the plan of record.

 

Requestor

 

Drafter

David Misky

May 24, 2023