NUMB:
991839
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring as surplus the vacant, tax deed lots at 751 and 753-57 North 22nd Street, 752-54 North 23rd Street, and 2201-07 West Wells Street and accepting an Offer to Purchase from Richard A. Wiegand and/or assigns for housemoves and/or new residential construction, in the 4th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution will result in the sale of four vacant, tax deed lots.
BODY:
Whereas, Richard A. Wiegand has submitted an Offer to Purchase the vacant, tax deed lots at 751 and 753-57 North 22nd Street, 752-54 North 23rd Street and 2201-07 West Wells Street, Tax Roll Key Nos. 389-1575-100-5, 389-1574-3, 389-1590-0, and 389-1573-8, for $1,000; and
Whereas, The Department of City Development recommends acceptance of said Offer, with closing contingent upon the following:
1. Approval of final site/building plans by the Department of City Development.
2. Firm financial commitment in place to complete the project as proposed; and
Whereas, These lots are being sold in an "as is" condition and the City of Milwaukee makes no representations or warranties concerning the condition of the lots, 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 lots 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 lots are declared surplus, that said Offer is accepted, and that the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said lots in accordance with the above contingencies and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
ZDPT:
DFTR:
DCD-Real...
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