Number
001131
Version
ORIGINAL
Reference
Sponsor
ALD. HENNINGSEN
Title
Resolution declaring the vacant, tax-deed lot located at 3416 West Wells Street surplus and accepting an Offer to Purchase from Texas C. Bufkin for use as green space, in the 4th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of a vacant, tax-deed lot.
Body
Whereas, Texas C. Bufkin with her property located at 3410 West Wells Street has submitted an Offer to Purchase the vacant, tax-deed lot located at 3416 West Wells Street, Tax Key No. 388-0665-2, in the amount of $100; and
Whereas, The Department of City Development ("DCD") recommends acceptance of said Offer contingent upon receipt of a copy of a signed contract between Ms. Bufkin and a landscaping contractor identifying improvements to be made to said lot; and
Whereas, Closing is contingent upon site plan approval by the DCD's Planning Division; and
Whereas, Said lot is being sold "as is" and the City of Milwaukee makes no representations or warranties regarding said lot including but not limited to soil and subsoil condition; and
Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said lot to be consummated in the manner provided for in the sale of other tax-deed lots 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 lot is declared surplus, that said Offer is accepted, that the proper City officials are authorized and directed to perform such acts as necessary to carry out the intent of this resolution, and that the proceeds from the sale be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:rmf
11/28/00/B