NUMB:
981018
VERS:
ORIGINAL
REF:
XXBY:
ALD. HINES
TITL:
Resolution declaring as surplus the vacant, tax deed lots located at 1214 and 1218 West Meinecke Avenue and accepting an Offer to Purchase from the adjoining owner, Louis A. Gregory, for parking lot construction, in the 17th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution authorizes the sale of two vacant, tax deed lots owned by the City of Milwaukee.
BODY:
Whereas, The adjoining owner, Louis A. Gregory, with his properties located at 2401-03 and 2405 North 12th Street, has offered to purchase the vacant, tax deed lots located at 1214 and 1218 West Meinecke Avenue, Tax Roll Key Nos. 323-1169-X and 323-1171-0, respectively, from the City of Milwaukee containing a combined 4,147 square feet to construct a parking lot for $250; and
Whereas, This sale is contingent upon the following:
1. A zoning variance must be issued by the Board of Zoning Approvals.
2. The sale must close within 120 days of zoning variance approval.
3. At closing, a Declaration of Deed Restriction must be filed with the Register of Deeds Office which will combine all four parcels owned by Mr. Gregory into one parcel; and
Whereas, These vacant, tax deed lots are being sold in an "as is" condition; and
Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said lots to be consummated in the manner provided for in the sale of other tax deed lots 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 lots are declared surplus, said Offer is accepted, and the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said lots and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 02-211-2700.
ZDPT:
DFTR:
DCD-Real Estate
SS:jvg
10/30/98/C