Number
191719
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 5635 N. 39th Street, in the 1st Aldermanic District, to its former owner True Unique Inv. LLC c/o Sylvia F. Williams RA.
Analysis
This resolution authorizes the return of real estate located at 5635 N. 39th Street, in the 1st Aldermanic District, to its former owner, True Unique Inv. LLC c/o Sylvia F. Williams RA, under conditions imposed by s. 304-50 of the Code of Ordinances.
Body
Whereas, The property located at 5635 N. 39th Street, previously owned by True Unique Inv. LLC c/o Sylvia F. Williams RA, has delinquent taxes for 2016-2019 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 26, 2019 191719; and
Whereas, True Unique Inv. LLC c/o Sylvia F. Williams RA would like to reclaim this 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 26, 2019; and
Whereas, True Unique Inv. LLC c/o Sylvia F. Williams RA has agreed to pay all related city charges up until the point that the property is returned, as well as all other charges, and meet all conditions which are detailed in the letters submitted by the Department of Neighborhood Services, the 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 5635 N. 39th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty 30 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 ...
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