IMMEDIATE ADOPTION
Number
250148
Version
ORIGINAL
Reference
Sponsor
ALD. TAYLOR
Title
Resolution consenting to the termination of the common ownership requirement of the properties located at 7865 and 7900 North 86th Street as it relates to an existing deed restriction, in the 9th Aldermanic District.
Analysis
This resolution authorizes the City of Milwaukee’s consent to the termination of a common ownership restriction of properties located at 7865 and 7900 North 86th Street and release of the existing deed restriction. The City of Milwaukee’s consent is required pursuant to a deed restriction placed on the properties when the City of Milwaukee conveyed the property to the original buyer.
Body
Whereas, On June 7, 1989, the City of Milwaukee (“City”) conveyed the properties located at 7865 and 7900 North 86th Street (“Properties”) to M.B. Partnership (“Owner”) via Quit Claim Deed (“Deed”); and
Whereas, The Deeds transferring the Properties included a restrictive covenant that the Properties shall be under common ownership so as to comply with off-street parking requirements established by the City of Milwaukee and which cannot be released and discharged without the approval of the Common Council of the City of Milwaukee; and
Whereas, By that certain Deed Restriction dated June 7, 1989 and recorded with the Register of Deeds for Milwaukee County, Wisconsin on June 16, 1989 as Document Number 06285406, the City conveyed to M.B. Partnership certain real properties situated in the City of Milwaukee, County of Milwaukee, State of Wisconsin, being:
Parcels 1 and 3 of Certified Survey Map No. 4390, recorded in the office of the Register of Deeds for Milwaukee County, Wisconsin on October 6, 1983 in Reel 1574, Image 309, as Document No. 5659219, being a redivision of Parcel 4 of Certified Survey Map No. 3978, in the Northwest 1/4 of Section 16, Township 8 North, Range 21 East, which Parcels 1 and 3 are referred to as “Parcel A” in the Restriction with the ...
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