City of Milwaukee - File #: 151612

• File #: 151612
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 3/1/2016
• In control: COMMON COUNCIL
• Final action: 3/29/2016
• Title: Substitute resolution authorizing the return of real estate located at 5361 N. 57th Street in the 2nd Aldermanic District to its former owner TW Enterprises LLC.
• Sponsors: THE CHAIR
• Indexes: FORECLOSURES, PROPERTY TAXES

Date	Ver.	Action By	Action	Result	Tally
4/6/2016	1	MAYOR	SIGNED
3/29/2016	1	COMMON COUNCIL	ADOPTED	Pass	14:0
3/21/2016	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen Taylor - DCD Emily Mckeown - DNS Jim Klajbor - Deputy City Treasurer TW Enterprises, LLC, Atty. Riley 2012-2015 Taxes if paid by April $9,334.15 If paid by May 16, 2016 $9,442.31	Pass	5:0
3/15/2016	1	CITY CLERK	DRAFT SUBMITTED
3/7/2016	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
3/1/2016	0	COMMON COUNCIL	ASSIGNED TO

Number
151612
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 5361 N. 57th Street in the 2nd Aldermanic District to its former owner TW Enterprises LLC.
Analysis
Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances
Body
Whereas, The property located at 5361 N. 57th Street, previously owned by TW Enterprises LLC, has delinquent taxes for 2012-2015 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and a fee simple absolute was obtained in favor of the City of Milwaukee dated November 16, 2015 151612; and

Whereas, TW Enterprises LLC would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since November 16, 2015; and

Whereas, TW Enterprises LLC has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’s Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 5361 N. 57th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 15CV-5928. Known as the 2015-4 In Rem Parcel 27, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

Further Resolved, That if t...