City of Milwaukee - File #: 140635

• File #: 140635
• Version: 2
• Type: Resolution
• Status: Passed
• File created: 9/3/2014
• In control: COMMON COUNCIL
• Final action: 9/23/2014
• Title: Substitute resolution relating to the sale of City-owned residential properties for $1 to non-profit real estate developers.
• Sponsors: ALD. MURPHY, Russell Stamper, ALD. BAUMAN, ALD. WADE, ALD. KOVAC, ALD. HAMILTON, ALD. COGGS
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
10/2/2014	2	MAYOR	SIGNED
9/23/2014	1	COMMON COUNCIL	ASSIGNED TO; Minutes note: Ald. Kovac moved to amend the file by removing all references to "faith-based organizations" and further amend the attachment entitled "$1 House Sales to Non-Profit Organizations Program Terms as of 9-6-14" by removing all references to "faith-based organizations". Ald. Dudzik moved to refer the file back to committee. This motion is to be considered before the motion made by Ald. Kovac.	Fail	7:8
9/23/2014	1	COMMON COUNCIL	AMENDED; Minutes note: Ald. Kovac moved to amend the file by removing all references to "faith-based organizations" and further amend the attachment entitled "$1 House Sales to Non-Profit Organizations Program Terms as of 9-6-14" by removing all references to "faith-based organizations". (Prevailed 13-2) Ald. Kovac and Hamilton added as cosponsors.	Pass	13:2
9/23/2014	2	COMMON COUNCIL	ADOPTED	Pass	12:3
9/16/2014	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Martha Brown, Department of City Development Aaron Szopinski, Mayor's Office Mario Higgins, Mayor's Office Pres. Michael Murphy, 10th Aldermanic District Gregg Hagopian, City Attorney's Office Ald. Stamper and Bauman added as cosponsors. Bob Greene, Merril Park Neighborhood Association, appeared in support.	Pass	5:0
9/10/2014	1	CITY CLERK	DRAFT SUBMITTED
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/10/2014	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/3/2014	0	COMMON COUNCIL	ASSIGNED TO

Number
140635
Version
SUBSTITUTE 2
Reference

Sponsor
ALD. MURPHY, STAMPER, BAUMAN, WADE, KOVAC, HAMILTON AND COGGS
Title
Substitute resolution relating to the sale of City-owned residential properties for $1 to non-profit real estate developers.
Analysis
This substitute resolution authorizes the sale of tax-foreclosed residential properties to non-profit agencies for $1, adopts a program design and directs the Department of City Development to implement this sales strategy.
Body
Whereas, The City of Milwaukee (“City”) owns more than 1,000 tax-foreclosed properties; and

Whereas, The Department of City Development (“DCD”) is responsible for marketing habitable foreclosed properties to both owner-occupants and investor-owners; and

Whereas, DCD has developed multiple sales channels for tax-foreclosed properties, such as direct sales to individuals, broker-listed sales, operation of a lease-to-own program, bulk sales to developers and sales to non-profit organizations; and

Whereas, DCD projects that 350 sales will be closed during 2014; and

Whereas, It is in the best interest of the City to increase the sales of these properties to responsible owners; and

Whereas, Non-profit organizations currently are charged $1,000 to purchase a City-owned tax-foreclosed property; and

Whereas, A reduction from the current sales price of $1,000 to $1, plus closing costs, may serve as an incentive that encourages additional sales to non-profit organizations; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that DCD is directed to sell tax-foreclosed properties to non-profit organizations under the terms outlined in the “$1 House Sales to Non-Profit Organizations Program Terms” document, a copy of which is attached to this Common Council File; and, be it

Further Resolved, That DCD is directed to implement this program and notify non-profit organizations of this initiative.
Drafter
DCD:Martha.Brown:mlb
09/10/14
CC: Chris Lee
09/23/14
...