City of Milwaukee - File #: 001547

• File #: 001547
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 2/27/2001
• In control: PUBLIC WORKS COMMITTEE
• Final action: 3/20/2001
• Title: Resolution declaring as surplus and authorizing the disposition of the improved, tax-deed property located at 2765 North 26th Street, in the 7th Aldermanic District. (DCD-Real Estate)
• Sponsors: THE CHAIR
• Indexes: HOUSING, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
3/26/2001	0	MAYOR	SIGNED
3/20/2001	0	COMMON COUNCIL	ADOPTED	Pass	16:0
3/7/2001	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
3/1/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
3/1/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
2/28/2001		PUBLIC WORKS COMMITTEE	REFERRED TO
2/27/2001	0	COMMON COUNCIL	ASSIGNED TO

Number

001547

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution declaring as surplus and authorizing the disposition of the improved, tax-deed property located at 2765 North 26^th Street, in the 7^th Aldermanic District. (DCD-Real Estate)

Analysis

This resolution authorizes the sale of said property to a nonprofit organization for affordable housing purposes.

Body

Whereas, Acts Community Development Corporation, a nonprofit organization, has offered to purchase said property for $500 for affordable housing purposes with eventual resale to an owner-occupant; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that 2765 North 26^th Street, Tax Key No. 310-1919-8, is declared surplus and that the Department of City Development is authorized and directed to sell said property to Acts Community Development Corporation at a fixed price of $500; and, be it

Further Resolved, That the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said property and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106; and, be it

Further Resolved, That as a condition of the sale of surplus property, purchaser is required to bring property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or property may revert back to the ownership of the City of Milwaukee upon action by the Common Council.

Drafter

DCD-Real Estate

MR:lh

02/27/01/B