Number
030737
Version
ORIGINAL
Reference
Sponsor
ALD. WITKOWSKI
Title
Resolution declaring a vacant, tax-deed lot located at 3501 South 16th Street surplus and accepting an unsolicited Offer to Purchase from the adjoining owners, Laurence B. Richlen and Yvonne B. Richlen, for combination with their existing property, in the 13th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of a vacant, tax-deed lot.
Body
Whereas, Laurence B. Richlen and Yvonne B. Richlen, with their property located at 3503 South 16th Street, have offered $200 to purchase the vacant, tax-deed lot adjoining their property; and
Whereas, Mr. and Ms. Richlen are the only property owners adjoining said lot; and
Whereas, The Department of City Development ("DCD") recommends acceptance of the Offer from Mr. and Ms. Richlen which will remove said lot from the City's inventory thereby reducing maintenance costs; and
Whereas, Said lot is being sold in an "as is" condition and the City makes no representations as to soil or subsoil condition; and
Whereas, The City Plan Commission has determined that said lot is surplus to municipal needs; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that said lot is declared surplus, that the Offer from Laurence B. Richlen and Yvonne B. Richlen is accepted, that the Commissioner of DCD, or assigns, is authorized and directed to perform such acts as necessary to carry out the intent of this resolution and that the proceeds from the sale, less a 20 percent disposition cost reimbursement to the Redevelopment Authority of the City of Milwaukee, be credited to the Reserve For Tax Deficit Fund, Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:ss
09/23/03/C