Number
R13487
Version
Original
Reference
R13403 and R13431
Sponsor
Acting Chair
Title
Resolution approving the sale of a vacant lot located at 1519 North 13th Street to the City of Milwaukee in the amount of $20,000
Analysis
Body
WHEREAS, the property located at 1519 N. 13th St. is currently a vacant lot and the Housing Authority has no intention of developing it in the future; and
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) Board of Directors had previously approved the Sale of 1519 N. 13th St. at its Board Meeting on June 07, 2023 as Resolution No. 13403.
WHEREAS, the sale price of the lot is $20,000 which is Appraised Value, and not $1.00 as reflected on the previous resolution.
WHEREAS, the City of Milwaukee through the Redevelopment
Authority of the City of Milwaukee (RACM) had requested that the Housing Authority sell said vacant lot to the City of Milwaukee or its assignee for purposes of developing it into a parking space to support the current development being undertaken by the City and County in the said location; and
WHEREAS, the Secretary-Executive Director recommends to support and agree to the request made by RACM and dispose the vacant lot in the amount of $20,000 to the City of Milwaukee or its assignee; and
NOW THEREFORE BE IT RESOLVED, by the Housing Authority of the City of Milwaukee that the sale of the vacant lot located at 1519 N. 13th St. be approved; and, be it
FURTHER RESOLVED, that the Secretary-Executive Director is hereby authorized to take any and all actions necessary to complete the sale of this property.
Attachments:
1. HUD Approval Letter
2. Title Report
3. Common Council Certified Resolution
4. Previous Resolutions
5. Map
Requestor
Drafter
Housing Management May 13, 2024