NUMB:
981108
VERS:
SUBSTITUTE 1
XXBY:
ALD. FRANK and THE JUDICIARY AND LEGISLATION COMMITTEE
TITL:
Substitute resolution authorizing the return of real estate located at 4889 North 77th Street, in the 5th Aldermanic District of the City of Milwaukee to its former owner upon payment of all city and county tax liens and any special improvement bonds, with all interest and penalty thereon and all costs as sustained by the City in foreclosing and managing said real estate.
ANLS:
Permits return of property owned by the City under conditions imposed by Ordinance File Number 901739, passed by the Common Council on July 28, 1992.
BODY:
Whereas, The property located 4889 North 77th Street, tax key number 213-0011-X previously owned by Household Finance Corp. III, has delinquent taxes for 1995 through 1997 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 September 24, 1998; and
Whereas, Household Finance Corp. III would like to reclaim said 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 September 24, 1998; and
Whereas, The Department of Building Inspection indicates currently no unabated orders exist on this property; and
Whereas, The City Treasurer's records show outstanding 1995 through 1997 taxes, plus interest, penalties and costs; and
Whereas, The Department of City Development reports that this property is not suitable for use by a public agency or community based organization. Said property is occupied but no rent has been collected and administrative costs have been incurred; and
Whereas, The Health Department reported no outstanding orders or notices, and no clean up notices have been issued against this property under Section 80-8 or 17-12 in 1998; now, therefore, be it
Resol...
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