NUMB:
971955
VERS:
SUBSTITUTE 1
REF:
XXBY:
ALD. HENNINGSEN
TITL:
Substitute resolution declaring as surplus the vacant, tax deed lot located at 1226-28 North 31st Street and authorizing its sale to the adjoining owners for use as green space, in the 4th Aldermanic District.
ANLS:
- Analysis -
This substitute resolution authorizes the sale of a vacant, tax deed lot owned by the City of Milwaukee to the adjoining owners.
BODY:
Whereas, The adjoining owners, Michael J. Shema and Tracy A. Oshiro of 1220 North 31st Street and Robert J. McLeod and Betty Jo McLeod of 1232 North 31st Street, have offered to purchase 2,580 square feet each of the vacant, tax deed lot located at 1226-28 North 31st Street, Tax Roll Key No. 365-1476-9, for the amount of $1.00 each; and
Whereas, Chain link fencing may not be installed on said lot or any portion of said lot; and
Whereas, This vacant, tax deed lot is being sold in an "as is" condition; and
Whereas, The City Plan Commission has approved the acceptance of said offers, the sale of said lot to be consummated in the manner provided for in the sale of other tax deed property 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 offers, which include the terms and conditions contained in this resolution, are 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 lot and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 02-211-2700; and, be it
Further Resolved, That both sales must close at the same time so as not to create a remnant parcel; and, be it
Further Resolved, That the Department of City Development is authorized to sell the entire lot to either adjoining owner should one of the adjoining owners not comply with the intent of this resolution.
ZDPT:
DFTR:
DCD-Rea...
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