Number
250406
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. BAUMAN
Title
A substitute ordinance relating to the sale of city real estate.
Section
304-49 rc
304-50 rp
Analysis
This ordinance revises code provisions relating to the sale of city-owned real estate to reflect recent changes in state law.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 304-49 of the code is repealed and recreated to read:
304-49. Sale of City Real Estate. 1. DEFINITIONS. In this section:
a. “Bid” means any offer to purchase property however received by the city.
b. “Commissioner” means the commissioner of city development.
c. “Department” means the department of city development.
d. “Development property” means any tax deeded property, acquired prior to March 24, 2024, that is either a commercial property or a residential property with greater than 4 units.
e. “Neighborhood property” means any tax deeded property, acquired prior to March 24, 2024, that is either an improved residential lot containing 4 units or less, a vacant residential lot suitable for one or 2 housing units, or a vacant lot not suitable for improvement because of the size, shape, dimensions, surface or subsurface conditions or other conditions on the lot.
f. “Owner-occupant” means the person who both owned the property and utilized it as a primary residential homestead as of the date of the tax foreclosure judgment, as determined by the department. This definition shall not include a tenancy where a tenant holds a minority interest in the property.
g. “Primary residential homestead” means a “domicile” as defined in s. Tax 2.49(2)(f), Wis. Adm. Code.
h. “Single-family residential property” means a standalone residential structure or residential condominium unit, designed to be occupied by one household.
i. “School-purpose property” means any city-owned property used for school purposes that has been deemed underutilized as defined in s. 119.6...
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