Number
070793
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the sale of City-owned vacant lots to Milwaukee Habitat for Humanity, Inc., to create building sites for its 2008 housing program, in the 6th Aldermanic District.
Analysis
This resolution authorizes the sale of multiple Neighborhood Properties to a buyer pursuant to Section 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, Milwaukee Habitat for Humanity, Inc., (“Habitat”), a community-based organization, desires to build 10 single-family homes that will be sold to qualified owner-occupants for its 2008 housing program; and
Whereas, Habitat has submitted an unsolicited Offer to Purchase the following City-owned vacant lots for $1 each, as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File:
ADDRESS, TAX KEY NO.
2908 North 5th Street, 313-0108-120-3
2911 North 5th Street, 313-0122-000-9
2915 North 5th Street, 313-0121-000-3
2932 North 5th Street, 313-2019-000-5
2935 North 5th Street, 313-2027-000-9
2965-67 North 5th Street, 313-2125-000-1
2926 North 7th Street, 312-1687-000-2
2928 North 7th Street, 312-1688-000-8
3022 North 7th Street, 312-1549-000-3
3028 North 7th Street, 312-1550-000-7
; and
Whereas, Section 304-49-7 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited offers to purchase when the City receives fair compensation, whether monetary or non-monetary; and
Whereas, The sale of these lots will allow Habitat to continue to provide affordable homeownership opportunities to low and moderate-income families and will provide the City with fair compensation through additional tax base and housing opportunities; and
Whereas, The Department of City Development (“DCD”) recommends sale of these lots with closing contingent on DCD approval of final site and building plans and evidence of financing; and
Whereas, These lots will be sold in “as is” condition with...
Click here for full text