City of Milwaukee - File #: 121408

• File #: 121408
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 2/5/2013
• In control: COMMON COUNCIL
• Final action: 2/27/2013
• Title: Substitute resolution authorizing the return of real estate located at 3299 N 11th St, in the 6th Aldermanic District to its former owner. (Cache Investments LLC by Caston Love)
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
3/4/2013	1	MAYOR	SIGNED
2/27/2013	1	COMMON COUNCIL	ADOPTED	Pass	14:0
2/18/2013	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Karen Taylor - DCD Lynn Steffen - DNS Jim Klajbor - Treasurer's Office Mr. Love Delinquent 2009-2012 taxes if paid in February $16,499.32; if paid by April 1, 2013 $16,693.75 The applicant has ownership interest in the following properties: 2450-2452 W Burleigh St - with 2012 taxes of $1,734.45 which is current. 3075-3077 N 14th St per resolution 121284 approved 2/5/13, taxes must be paid by 3/7/13 1801 W Keefe Ave per resolution 121283 approved 2/5/13, taxes must be paid by 3/7/13	Pass	5:0
2/13/2013	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
2/13/2013	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
2/5/2013	0	COMMON COUNCIL	ASSIGNED TO

Number

121408

Version

SUBSTITUTE 1

Sponsor

THE CHAIR

Title

Substitute resolution authorizing the return of real estate located at 3299 N 11th St, in the 6th Aldermanic District to its former owner. (Cache Investments LLC by Caston Love)

Analysis

Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances

Body

Whereas, The property located at 3299 N 11th St, previously owned by Cache Investments LLC by Caston Love, has delinquent taxes for 2009-2012 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 December 17, 2012  121408; and

Whereas, Cache Investments LLC by Caston Love 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 December 17, 2012; and

Whereas, Cache Investments LLC by Caston Love has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer's Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 3299 N 11th St, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution;  and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in  Milwaukee County Circuit Court Case No 12CV-9367.  known as the 2012-3 In Rem Parcel 114, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

Further Resolved, That if the above delinquent taxes, interest, and penalties are not paid within thirty (30) calendar days of the adoption of this resolution, this process becomes null and void.

Drafter

CC CC

Jp

2/13/2013