NUMB:
991719
VERS:
ORIGINAL
REF:
XXBY:
ALD. JOHNSON-ODOM
TITL:
Resolution declaring as surplus vacant, tax deed and City-owned lots and authorizing the sale of them to Harambee Ombudsman Project, Inc., for new residential construction, in the 6th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution declares said vacant lots surplus and authorizes the sale of them to Harambee Ombudsman Project, Inc., for new residential construction.
BODY:
Whereas, Harambee Ombudsman Project, Inc., wishes to acquire the following vacant, tax deed and City-owned lots for $1.00 each to construct residential units for owner-occupants:
PROPERTY ADDRESS, TAX KEY NO.
2422 North Palmer Street, TK #322-0161-0
2502 North Palmer Street, TK #322-0494-1
2506-08 North Palmer Street, TK #322-0495-7
2647 North Palmer Street, TK #322-0608-X
2675-77 North Palmer Street, TK #322-0601-1
127 East Center Street, TK #322-0602-7
; and
Whereas, The Department of City Development recommends acceptance of said offer, contingent upon the following:
1. Closing must occur within 90 days of sale approval.
2. Harambee Ombudsman Project, Inc., is responsible for all site improvements, pre-development expenses, and construction costs. Evidence of proper financing must be provided prior to closing.
3. Approval of final building and site plans by the Department of City Development prior to closing.
4. Construction must commence within 30 days of closing and must be completed no later than twelve months thereafter or property will automatically revert back to the City of Milwaukee's ownership; and
Whereas, These vacant lots are being sold in an "as is" condition; and
Whereas, The City Plan Commission has approved the sale of said lots to be consummated in the manner provided for in 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 ...
Click here for full text