NUMB:
980794
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution authorizing the transfer of title for the City-owned properties located at 4835 North 45th Street, 4826, 4832, 4842, 4848, and 4852 North 46th Street currently leased to the Housing Authority of the City of Milwaukee, in the 1st Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution authorizes the proper City officials to execute and deliver a Quit Claim Deed for said properties to the Housing Authority of the City of Milwaukee for subsequent conveyance through its homeownership program.
BODY:
Whereas, The Housing Authority of the City of Milwaukee ("Housing Authority") leased 4835 North 45th Street, 4826, 4832, 4842, 4848, and 4852 North 46th Street on April 21, 1971, from the City of Milwaukee to construct Scattered Site housing units; and
Whereas, The Housing Authority has implemented an affordable homeownership program and desires to sell said units to the current residents who have qualified for participation in that program; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Department of City Development is authorized and directed to prepare a Quit Claim Deed for 4835 North 45th Street, 4826, 4832, 4842, 4848, and 4852 North 46th Street to transfer said properties to the Housing Authority for no monetary consideration; and, be it
Further Resolved, That the proper City officials are authorized and directed to execute said Quit Claim Deed on behalf of the City of Milwaukee.
ZDPT:
DFTR:
DCD-Real Estate
SS:jvg
09/23/98/B