Number
231306
Version
SUBSTITUTE 2
Reference
Sponsor
ALD. COGGS AND STAMPER
Title
A substitute ordinance relating to the conditions imposed on the sale of certain types of city real estate.
Section
304-49-13-a am
304-49-13-b cr
Analysis
This ordinance provides that a church or religious association that re-purchases tax-foreclosed in rem property will not be subject to a deed restriction preventing application for tax exemption, should the proposed use of the property be the same tax-exempt use that existed immediately prior to the city’s acquisition of the property.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 304-49-13-a of the code is amended to read:
304-49. Disposal of City Real Estate.
13. NO TAX EXEMPTION. >>a.<< All deeds of conveyance for development property shall contain a permanent restriction prohibiting the grantee and all subsequent owners from applying for an exemption from real estate taxation for such development property pursuant to s. 70.11, Wis. Stats., unless otherwise approved by a two-thirds vote of the common council.
Part 2. Section 304-49-13-b of the code is created to read:
>>b. Par. a shall not apply if the grantee of the property is a church or religious association and the proposed use is the same tax-exempt use that existed immediately prior to the city’s acquisition.<<
LRB
APPROVED AS TO FORM
K. Broadnax
_________________________
Legislative Reference Bureau
Date: 04.09.2024
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ______________________
Requester
Drafter
LRB179614-3
Alex Highley
4/5/2024