Number
031105
Version
ORIGINAL
Reference
010624
Sponsor
ALD. BREIER
Title
Resolution accepting an Offer to Purchase a surplus, city-owned vacant lot at 2469-71 South St. Clair Street for owner-occupied, single-family residential development, in the 14th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of a vacant, city-owned parcel of land for residential development.
Body
Whereas, Common Council File No. 010624, adopted September 25, 2001, declared the properties at 2437-53, 2455 and 2469-71 South St. Clair Street surplus and authorized the Department of City Development (“DCD”) to solicit proposals for new residential construction; and
Whereas, DCD advertised 2469-71 South St. Clair Street for residential development and three Offers were received; and
Whereas, Rick A. Macek submitted the highest bid of $70,150 to purchase the parcel for the purpose of constructing single-family housing for resale to owner-occupants; and
Whereas, Mr. Macek's Offer was contingent on the City installing sewer and water mains in St. Clair Street; and
Whereas, The two other bidders withdrew their bids upon learning that there were no sewer or water mains in St. Clair Street; and
Whereas, DCD has determined the land has no value without sewer and water mains; and
Whereas, DCD recommends that the full purchase price of $70,150 be utilized to pay a portion of the cost of installing the sewer and water mains; and
Whereas, DCD recommends acceptance of Mr. Macek's Offer contingent upon site and building plan approval prior to closing on said parcel; and
Whereas, Said parcel is to be sold in an “as is” condition without representations or warranties including but not limited to soil quality and subsurface condition; and
Whereas, The City Plan Commission has determined that there is no municipal need for said parcel; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, th...
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