NUMB:
981411
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring as surplus and accepting the unsolicited Offer to Purchase the improved, tax deed property located at 330 North 30th Street, in the 4th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution declares said property surplus and accepts an unsolicited Offer to Purchase.
BODY:
Whereas, Ricky Hunt and Tria Hunt, the current tenants, have offered to purchase said property for $4,000 and will become owner-occupants; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that 330 North 30th Street, Tax Roll Key No. 401-1216-2, is declared surplus and that the Department of City Development is authorized and directed to accept an unsolicited Offer to Purchase and sell said property to Ricky Hunt and Tria Hunt as owner-occupants for $4,000; and, be it
Further Resolved, That the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said property and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 02-211-2700; and, be it
Further Resolved, That as a condition of the sale of surplus property, purchaser is required to bring property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or said property may revert back to the ownership of the City of Milwaukee upon action by the Common Council.
ZDPT:
DFTR:
DCD-Real Estate
MR:jvg
01/19/99/D