Number
130160
Version
ORIGINAL
Reference
120853
Sponsor
ALD. PEREZ
Title
Resolution authorizing the sale of Development Property at 1817 West National Avenue to the former owner, Alice J. Ledesma, in the 12th Aldermanic District.
Analysis
This resolution authorizes the sale of Development Property to the former owner pursuant to Section 304-49-5, 304-49-7 and 304-49-8, Milwaukee Code of Ordinances, and according to the terms and conditions in a Land Disposition Report.
Body
Whereas, On July 9, 2012, the City of Milwaukee (“City”) acquired a mixed-use building at 1817 West National Avenue through tax foreclosure judgment from Alice J. Ledesma; and
Whereas, By adoption of File No. 120853, the Common Council approved Ms. Ledesma’s application to vacate the judgment, but she missed the established deadline to pay the delinquent taxes and other charges by one day due to difficulties obtaining a cashier’s check from her bank; and
Whereas, Ms. Ledesma has offered to repurchase the property where she resides and operates her catering business for the amount of all past taxes and charges incurred by the City and the Redevelopment Authority of the City of Milwaukee (“Redevelopment Authority”) during her occupancy; and
Whereas, The personal fixtures and equipment that Ms. Ledesma installed for her catering business are now integrated with the real estate and removal for reuse at an alternate location would greatly reduce the value and usability of the subject parcel; and
Whereas, Marketing the real estate would be difficult due to the lack of parking that was historically provided on the adjoining parking lot at 1807 West National Avenue that is still owned by Ms. Ledesma; and
Whereas, The Common Council may authorize a sale to a party who violates the General Buyer Policies set forth in Section 304-49-8, Milwaukee Code of Ordinances, which prevents sale of City-owned real estate to a party that owned property acquired by the City through tax foreclosure in ...
Click here for full text