NUMB:
991831
VERS:
ORIGINAL
REF:
900467
XXBY:
THE CHAIR
TITL:
Resolution accepting an unsolicited Offer to Purchase a surplus, vacant, City-owned parcel of land located in the City of Greenfield identified as Tax Roll Key No. 647-9946-003, a/k/a Parcel 3 of Certified Survey Map No. 2964, adjacent to the 13th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution authorizes the sale of a surplus, vacant, City-owned parcel of land located in the City of Greenfield.
BODY:
Whereas, Common Council File No. 900467, adopted September 25, 1990, declared said parcel surplus and authorized its transfer from the Milwaukee Water Works to the City of Milwaukee's real estate inventory for future disposition; and
Whereas, The Department of City Development has received an unsolicited Offer to Purchase said parcel in the amount of $55,000 from the adjoining owner, Dennis Schumacher, for future development; and
Whereas, Said parcel of land is being sold in an "as is" condition; and
Whereas, The City Plan Commission has determined that said parcel of land has no potential future municipal use and has approved the acceptance of said Offer, the sale of said parcel to be consummated in the manner provided for in the sale of other parcels pursuant to Section 304-49 of the Milwaukee Code of Ordinances; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that said unsolicited Offer to Purchase from Dennis Schumacher for future development is accepted, and that the proper City Officials are authorized and directed to perform such acts as may be required to consummate the sale of said parcel and that the proceeds be credited to an account to be determined by the Milwaukee Water Works and the City Comptroller, 15 percent of net retained by the Redevelopment Authority of the City of Milwaukee for marketing the property.
ZDPT:
DFTR:
DCD-Real Estate
DRJ:jvg
03/21/00/B