NUMB:
971891
VERS:
ORIGINAL
REF:
961842
XXBY:
THE CHAIR
TITL:
Resolution amending Common Council File No. 961842 to extend for an additional year the one dollar City-owned vacant lot sale program. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution extends for one year the Department of City Development's authority to administer a one dollar City-owned vacant lot sale program.
BODY:
Whereas, The City of Milwaukee via Common Council File No. 901699, adopted on March 5, 1991, and renewed by Common Council File Nos. 912020, 921705, 931649, 941639, 951631, and 961842, authorized the Department of City Development to administer a streamlined, one dollar City-owned vacant lot sale program for adjoining residential property owners; and
Whereas, Any vacant lot sales in process in which the Quit Claim Deed has been prepared will be considered valid even though the closing transaction will occur after the expiration date of the resolution; and
Whereas, Since the program is successful in eliminating blighting influences in the target area and since the sale of these lots results in a decrease in the City's overall annual land management expenses, the Department of City Development has recommended that the program be extended for an additional year; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that upon the recommendation of the City Plan Commission, the Department of City Development is authorized and directed to extend for one year from the date of adoption of this resolution, the one dollar City-owned vacant lot sale program under the same terms and conditions contained in Common Council File No. 901699, adopted on March 5, 1991.
ZDPT:
DFTR:
DCD/Real Estate
SS:jvg
03/20/98/B