Number
090954
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
An ordinance relating to policies and procedures for vacation of in rem judgments.
Sections
304-50-1 rc
304-50-9.5 cr
304-50-10 am
304-50-11 am
Analysis
This ordinance makes the following changes to the city’s policies and procedures for vacation of in rem judgments:
1. The time period during which a former owner of record or person having an interest of record in a property acquired by the city through an in rem judgment may submit a request for vacation of the in rem judgment is lengthened from 45 days to 90 days from the date of the in rem judgment.
2. The city treasurer shall not accept a request to proceed with the in rem judgment vacation procedure if the city treasurer has determined, based on consultation with the department of city development, that the city has accepted an offer to purchase the property.
3. The common council reserves the right to disapprove vacation of an in rem judgment if the council determines that the applicant is either delinquent in the payment of any property tax, special assessment, special charge or special tax to the city, or has submitted false or incomplete information, particularly with respect to ownership of, and tax liability for, the subject property.
4. The length of time a requester has to pay the total costs associated with the property is reduced from 45 days to 30 days from the date of common council adoption of the resolution approving vacation of the in rem judgment.
5. Any rental income collected by the city during the time the property is owned by the city shall not be applied against the total amount due to the city for the redemption of the property. Current policy provides for this rental income to be subtracted from the total amount due.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 304-50-1 of the code is repealed and recreated to read:
304-50. Vacation of In Re...
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