Number
001370
Version
SUBSTITUTE 1
XXBY:
THE JUDICIARY AND LEGISLATION COMMITTEE
Title:
Substitute resolution authorizing the return of real estate located at 1744 South 17th Street, in the 12th 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.
Analysis
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 1744 South 17th Street, tax key number 460-1823-100-X previously owned by Lawrence B. Kofler, has delinquent taxes for 1997 through 2000 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 November 27, 2000; and
Whereas, Lawrence B. Kofler, 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 November 27, 2000; and
Whereas, The Department of Neighborhood Services indicates currently no unabated orders exist on this property; and
Whereas, The City Treasurer's records show outstanding 1997 through 2000 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 totalling $450. An additional cost of $25.00 was incurred for securing the property. Mr. Kopfler must show plan to Department of City Development for fire damage rehabilitation and must use insurance money for those repairs; and
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