City of Milwaukee - File #: 141141

• File #: 141141
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 11/5/2014
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 11/25/2014
• Title: Resolution accepting an unsolicited offer to purchase from Hattie Nichols for the property located at 2554 North 28th Street for rental purposes, in the 15th Aldermanic District.
• Sponsors: Russell Stamper
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
11/25/2014	0	COMMON COUNCIL	ADOPTED	Pass	15:0
11/25/2014	0	MAYOR	SIGNED	Fail
11/12/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Karen Taylor, Department of City Development Hattie Nichols	Pass	4:0
11/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
11/5/2014	0	COMMON COUNCIL	ASSIGNED TO

Number
141141
Version
ORIGINAL
Reference

Sponsor
ALD. STAMPER
Title
Resolution accepting an unsolicited offer to purchase from Hattie Nichols for the property located at 2554 North 28th Street for rental purposes, in the 15th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Neighborhood Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee (“City”) foreclosed on the property at 2554 North 28th Street due to delinquent property taxes; and

Whereas, The Department of City Development (“DCD”) recommended that the property be marketed for sale; and

Whereas, Hattie Nichols has submitted an unsolicited offer to purchase the property to rehabilitate it for use as a rental property; and

Whereas, The former owner currently occupying the property is a relative of Ms. Nichols; and

Whereas, Ms. Nichols desires to keep the former owner from becoming displaced and will rehabilitate the property as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File; and

Whereas, Section 304-49-7 of the Milwaukee Code of Ordinances allows the City to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, DCD has reviewed the offer and the rehabilitation proposal and has determined that the proposal represents fair compensation to the City in terms of investment in the neighborhood; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the unsolicited offer to purchase submitted by Hattie Nichols for the property at 2554 North 28th Street is accepted; and, be it

Further Resolved, That the Commissioner of DCD, or designee, is authorized to close the transaction according to the terms of the Land Disposition Report; and, be it

Further Resolved, That the Commissioner of DCD, or designee, ...